Blue Moon Metals (CVE:MOON) Stock Crosses Above 50 Day Moving Average - Time to Sell?

Blue Moon Metals Inc. (CVE:MOON - Get Free Report)'s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$1.52 and traded as high as C$4.30. Blue Moon Metals shares last traded at C$3.90, with a volume of 41,492 shares changing hands.

Blue Moon Metals Price Performance

The company has a 50-day moving average of C$1.82 and a 200 day moving average of C$0.86. The company has a market cap of C$259.34 million, a PE ratio of -448.87 and a beta of 1.76.

Insider Transactions at Blue Moon Metals

In other news, Director Christian Peter Kargl-Simard acquired 11,100 shares of the firm's stock in a transaction on Friday, April 4th. The stock was acquired at an average price of C$2.40 per share, with a total value of C$26,595.60. In the last 90 days, insiders purchased 17,350 shares of company stock worth $43,241. 29.61% of the stock is currently owned by company insiders.

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.