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Blue Moon Metals (CVE:MOON) Share Price Crosses Above Fifty Day Moving Average - Should You Sell?

Blue Moon Metals logo with Basic Materials background
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Shares of Blue Moon Metals Inc. (CVE:MOON - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.51 and traded as high as C$2.90. Blue Moon Metals shares last traded at C$2.85, with a volume of 20,607 shares.

Blue Moon Metals Trading Up 3.5 %

The company has a market cap of C$186.60 million, a PE ratio of -322.97 and a beta of 1.76. The company's 50 day moving average is C$0.66 and its 200 day moving average is C$0.44.

About Blue Moon Metals

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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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