Insider Buying: Blue Moon Metals (CVE:MOON) Director Acquires 66,400 Shares of Stock

Blue Moon Metals Inc. (CVE:MOON) Director Karin Sigrid Thorburn purchased 66,400 shares of the stock in a transaction on Friday, November 6th. The shares were acquired at an average cost of C$4.49 per share, for a total transaction of C$298,136.00. Following the transaction, the director owned 285,631 shares of the company’s stock, valued at approximately C$1,282,483.19. The trade was a 30.29% increase in their ownership of the stock.

Karin Sigrid Thorburn also recently made the following trade(s):

• On Monday, October 5th, Karin Sigrid Thorburn acquired 4,200 shares of Blue Moon Metals stock. The stock was bought at an average cost of C$7.10 per share, for a total transaction of C$29,820.00.

Blue Moon Metals Stock Performance

MOON traded up C$0.07 on Friday, reaching C$4.41. The company had a trading volume of 1,097,477 shares, compared to its average volume of 251,489. Blue Moon Metals Inc. has a fifty-two week low of C$3.42 and a fifty-two week high of C$11.80. The stock has a market cap of C$477.88 million, a P/E ratio of -3.83 and a beta of -0.10. The company’s fifty day moving average is C$6.79 and its 200 day moving average is C$7.88. The company has a debt-to-equity ratio of 4.36, a quick ratio of 0.50 and a current ratio of 3.85.

Blue Moon Metals Company Profile

Blue Moon Metals Inc, an exploration stage company, engages in the exploration and development of mineral resource properties in Canada and the United States. The company primarily explores for zinc, copper, silver, and gold deposits. It primarily holds 100% interests in the Blue Moon zinc property that comprises patented and unpatented lode mineral claims totaling 445 acres in Mariposa County, California; and Yava base metals property, which includes two mineral leases totaling 1,280 hectares located in Nunavut.