Shares of Blue Moon Metals Inc. (NASDAQ:BMM – Get Free Report) shot up 5% during trading on Friday . The stock traded as high as $6.71 and last traded at $6.66. Approximately 87,323 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 109,169 shares. The stock had previously closed at $6.34.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Blue Moon Metals in a report on Tuesday, June 16th. Maxim Group began coverage on shares of Blue Moon Metals in a research note on Friday, June 12th. They issued a “buy” rating and a $15.00 price objective for the company. Finally, Wall Street Zen raised shares of Blue Moon Metals from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 23rd. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $15.00.
Check Out Our Latest Report on Blue Moon Metals
Blue Moon Metals Trading Up 5.0%
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