Blue Moon Metals (CVE:MOON) Stock: Insider Frode Michal Nilsen Purchases 30,000 Shares

Blue Moon Metals Inc. (CVE:MOON) Director Frode Michal Nilsen bought 30,000 shares of the firm’s stock in a transaction on Friday, November 6th. The stock was purchased at an average cost of C$4.58 per share, for a total transaction of C$137,400.00. Following the completion of the acquisition, the director owned 2,950,078 shares in the company, valued at approximately C$13,511,357.24. This trade represents a 1.03% increase in their ownership of the stock.

Frode Michal Nilsen also recently made the following trade(s):

• On Monday, October 5th, Frode Michal Nilsen bought 100,000 shares of Blue Moon Metals stock. The shares were acquired at an average cost of C$7.05 per share, with a total value of C$705,000.00.

Blue Moon Metals Price Performance

Shares of MOON opened at C$4.41 on Monday. The company has a debt-to-equity ratio of 4.36, a quick ratio of 0.50 and a current ratio of 3.85. The stock has a market capitalization of C$477.88 million, a price-to-earnings ratio of -3.83 and a beta of -0.10. Blue Moon Metals Inc. has a 52 week low of C$3.42 and a 52 week high of C$11.80. The stock has a fifty day moving average of C$6.79 and a 200-day moving average of C$7.88.

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.