Blue Moon Metals (CVE:MOON) Price Target Raised to C$7.50

Blue Moon Metals (CVE:MOON) had its price objective boosted by Scotiabank from C$6.00 to C$7.50 in a report published on Thursday,BayStreet.CA reports.

Blue Moon Metals Stock Performance

Shares of MOON opened at C$5.60 on Thursday. The company has a market cap of C$452.72 million, a price-to-earnings ratio of -12.17 and a beta of 1.59. The stock has a fifty day moving average price of C$4.30 and a two-hundred day moving average price of C$3.73. Blue Moon Metals has a 52-week low of C$1.98 and a 52-week high of C$5.61.

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.