Blue Moon Metals to sell Norwegian unit to ACG Metals for $220M
- Investing.com
Pro
Metrics to compare | MOON | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipMOONPeersSector | |
|---|---|---|---|---|
P/E Ratio | −5.6x | −7.2x | 3.8x | |
PEG Ratio | 0.03 | 0.00 | 0.00 | |
Price/Book | 1.2x | 3.2x | 1.6x | |
Price / LTM Sales | - | 5.1x | 1.1x | |
Upside (Analyst Target) | 187.7% | 205.8% | 49.1% | |
Fair Value Upside | Unlock | −10.9% | 5.2% | Unlock |
Blue Moon Metals Inc. engages in the exploration and development of mineral resource properties in Norway and the United States. The company explores for zinc, silver, gold, copper, lead, germanium, gallium, tungsten, and molybdenum deposits. Its flagship property is the Nussir copper-gold-silver property located at the Finnmark county in northern Norway. The company was formerly known as Blue Moon Zinc Corp. and changed its name to Blue Moon Metals Inc. in April 2021. Blue Moon Metals Inc. was incorporated in 2007 and is headquartered in Toronto, Canada.