Blue Moon Metals (CVE:MOON) Insider Skott Mealer Buys 16,218 Shares of Company Stock

Blue Moon Metals Inc. (CVE:MOON) insider Skott Mealer bought 16,218 shares of the firm’s stock in a transaction on Friday, November 6th. The shares were bought at an average cost of C$4.44 per share, with a total value of C$72,007.92. Following the purchase, the insider directly owned 95,168 shares in the company, valued at approximately C$422,545.92. This trade represents a 20.54% increase in their ownership of the stock.

Blue Moon Metals Trading Up 1.6%

Blue Moon Metals stock opened at C$4.41 on Friday. The company’s fifty day simple moving average is C$6.79 and its 200-day simple moving average is C$7.88. The company has a quick ratio of 0.50, a current ratio of 3.85 and a debt-to-equity ratio of 4.36. Blue Moon Metals Inc. has a 12 month low of C$3.42 and a 12 month 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.

About Blue Moon Metals

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.