Blue Moon Metals (CVE:MOON) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

Blue Moon Metals Inc. (CVE:MOONGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.81 and traded as high as C$2.96. Blue Moon Metals shares last traded at C$2.70, with a volume of 6,694 shares changing hands.

Blue Moon Metals Stock Down 8.2 %

The company’s 50-day moving average price is C$0.81 and its 200-day moving average price is C$0.50. The firm has a market cap of C$170.79 million, a price-to-earnings ratio of -295.60 and a beta of 1.76.

About Blue Moon Metals

(Get Free Report)

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.

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