Blue Moon Metals (CVE:MOON) Price Target Raised to C$6.00

Blue Moon Metals (CVE:MOON) had its price objective lifted by Scotiabank from C$5.75 to C$6.00 in a report issued on Tuesday,BayStreet.CA reports.

Blue Moon Metals Price Performance

CVE:MOON opened at C$3.60 on Tuesday. The stock has a market cap of C$291.03 million, a PE ratio of -12.86 and a beta of 1.33. The stock’s 50-day moving average is C$3.43 and its two-hundred day moving average is C$3.34. Blue Moon Metals has a fifty-two week low of C$1.98 and a fifty-two week high of C$4.44.

About Blue Moon Metals

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.