Blue Moon Metals (CVE:MOON) Given a C$15.00 Price Target by Haywood Capital Analysts

Blue Moon Metals (CVE:MOON) has been given a C$15.00 price objective by Haywood Capital in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Haywood Capital’s target price indicates a potential upside of 40.19% from the company’s previous close.

Separately, Scotiabank lifted their target price on Blue Moon Metals from C$6.00 to C$7.50 in a research report on Thursday, January 8th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$11.25.

Blue Moon Metals Price Performance

CVE MOON opened at C$10.70 on Friday. The business’s fifty day moving average price is C$7.14 and its 200-day moving average price is C$5.31. The stock has a market capitalization of C$865.02 million, a price-to-earnings ratio of -23.26 and a beta of 0.77. The company has a debt-to-equity ratio of 10.12, a current ratio of 3.53 and a quick ratio of 0.50. Blue Moon Metals has a 1-year low of C$2.70 and a 1-year high of C$11.80.

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.