Blue Moon Metals (MOON) AI Stock Analysis

• Market Cap: C$388.21M
• Dividend Yield: N/A
• Average Volume (3M): 150.62K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.89
• Revenue Growth: N/A
• EPS Growth: -248.35%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.18
• Shares Outstanding: 63,850,200
• 10 Day Avg. Volume: 65,081
• 30 Day Avg. Volume: 150,616
• PEG Ratio: -0.17
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.22
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$6.00
• Price Target Upside: -1.32% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: C$6.00 ▼(-1.32% Downside)

The score is held back primarily by very weak financial performance (pre-revenue, widening losses, and substantial cash burn), partially offset by a low-leverage balance sheet. Technicals are supportive with strong trend and positive MACD, but overbought signals add near-term risk. Corporate updates and financing are positive for advancing projects, while valuation is difficult to justify given negative earnings and no dividend support.

Positive Factors

Low leverage, supportive capitalization

Low financial leverage and a sizeable equity base provide durable financial flexibility over the next several months. With debt-to-equity near 0.10 and meaningful assets, the company can fund near-term project activity and absorb shocks without immediate refinancing, aiding execution.

Material recent financing secured

A C$86.5M public offering materially extends runway and reduces near-term liquidity risk, enabling funded advancement of projects and construction. This structural capital raise lowers the immediate need for dilutive bridge financings and supports execution of multi‑month development milestones.

Advancing projects and strategic pipeline

Progress on feasibility, drilling, and construction plus plans to acquire additional assets and list on Nasdaq increase strategic optionality. These moves build a tangible development pipeline and diversify project risk, strengthening the company’s ability to convert resources into future revenue over the medium term.

Negative Factors

Pre-revenue with widening net losses

Being pre-revenue while losses widened sharply makes sustainable profitability distant. Persistent negative earnings mean management must rely on external capital for operations, increasing dilution risk and making long-term returns contingent on successful project commercialization rather than current cash flows.

High cash burn and negative free cash flow

Substantial operating and free cash outflows permanently pressure liquidity and necessitate external funding. Even if FCF improved versus prior periods, absolute burn remains large, raising the probability of further capital raises that can dilute shareholders and constrain long‑term project financing flexibility.

Negative returns on equity; equity erosion risk

Negative ROE indicates capital is not generating returns and ongoing losses will erode the equity buffer. Over several months this reduces borrowing capacity and strategic optionality, making future project funding more costly and increasing the chance of adverse financing terms or project delays.

Blue Moon Metals Business Overview & Revenue Model

Company Description

Blue Moon Metals Inc., an exploration stage mining company, engages in the exploration and development of mineral resource properties in Canada and the United States. The company explores for zinc, copper, lead, silver, and gold deposits. It principally holds a 100% owned interest 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 consists of two mineral leases totaling 1,280 hectares located in Nunavut. 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 based in Vancouver, Canada.

How the Company Makes Money

Blue Moon Metals generates revenue through the sale of extracted metals to industrial clients, including manufacturers, construction companies, and electronics producers. The company's key revenue streams include the direct sale of raw and processed metals, as well as long-term supply agreements with major industrial partners. Additionally, Blue Moon Metals may engage in strategic partnerships with other mining firms to optimize resource extraction and share infrastructure costs, further enhancing its profitability. Factors such as fluctuating global metal prices, operational efficiency, and sustainable mining practices significantly impact the company's earnings.

Blue Moon Metals Financial Statement Overview

Summary

Blue Moon Metals shows significant financial challenges, with no revenue generation and heavy reliance on external financing. While debt levels are low, the inability to generate cash from operations and persistent net losses underscore the need for strategic shifts to achieve financial stability.

Income Statement

Blue Moon Metals has consistently reported zero revenue over the years, leading to persistent negative EBIT and net income. The company has yet to demonstrate an ability to generate sales, which severely impacts profitability metrics.

Balance Sheet

The balance sheet shows low leverage with zero debt in the latest period, and a healthy cash position. However, low equity relative to liabilities remains a concern, and the company has not demonstrated asset growth or utilization.

Cash Flow

The cash flow statement highlights negative operating cash flows, indicating operational inefficiencies. Though recent financing inflows have bolstered cash reserves, the lack of free cash flow growth and high dependence on financing are concerning.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-955.25K	0.00	0.00	0.00	0.00	0.00
EBITDA	-16.64M	-493.58K	-64.90K	0.00	-1.48M	0.00
Net Income	-17.05M	-495.76K	-340.86K	-349.08K	-1.52M	-263.34K
Balance Sheet
Total Assets	183.28M	32.37M	1.08M	755.00K	1.42M	988.06K
Cash, Cash Equivalents and Short-Term Investments	29.22M	3.47M	355.34K	30.19K	582.07K	267.01K
Total Debt	15.33M	0.00	0.00	200.00K	306.00K	306.00K
Total Liabilities	26.66M	27.92M	194.92K	314.96K	632.46K	559.14K
Stockholders Equity	151.50M	4.46M	881.47K	440.04K	789.12K	428.93K
Cash Flow
Free Cash Flow	-21.33M	-622.51K	-322.14K	-405.65K	-1.46M	-125.45K
Operating Cash Flow	-15.94M	-619.82K	-322.14K	-405.65K	-1.46M	-96.40K
Investing Cash Flow	-15.80M	-174.55K	0.00	0.00	0.00	-29.05K
Financing Cash Flow	59.09M	30.43M	632.80K	-146.23K	1.78M	296.54K

Blue Moon Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MOON, the sentiment is Positive. The current price of 6.08 is above the 20-day moving average (MA) of 4.99, above the 50-day MA of 4.38, and above the 200-day MA of 3.57, indicating a bullish trend. The MACD of 0.45 indicates Negative momentum. The RSI at 81.79 is Negative, neither overbought nor oversold. The STOCH value of 87.46 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MOON.

Blue Moon Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AAG	55 Neutral	C$381.59M	-21.83	-52.22%	―	―	-60.82%
OM	54 Neutral	C$649.32M	-22.03	-19.38%	―	―	-57.63%
AHR	53 Neutral	C$328.98M	-118.40	-385.36%	―	―	-267.65%
MOON	52 Neutral	C$388.21M	-14.90	-22.37%	―	―	-248.35%
SFR	48 Neutral	C$358.17M	-12.11	―	―	―	-42.50%
REG	37 Underperform	C$562.12M	-131.21	-6.29%	―	―	-67.96%

Blue Moon Metals Corporate Events

Blue Moon Metals Advances Norwegian Mining Projects

Blue Moon Metals Inc. has reported significant progress on its Norwegian projects, particularly the Nussir Copper-Gold-Silver Project and the NSG Copper-Zinc Project. The Nussir project has seen advancements in underground development and infrastructure, with a feasibility study on track for completion. Additionally, a directional drilling campaign aims to expand the mineral resource estimate, potentially enhancing the company’s industry positioning and stakeholder value.

The most recent analyst rating on (TSE:MOON) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Blue Moon Metals stock, see the TSE:MOON Stock Forecast page.

Blue Moon Metals Announces New Board Members and Meeting Results

Blue Moon Metals Inc. announced the results of its Annual General and Special Meeting, where shareholders voted overwhelmingly in favor of all proposed items, including the election of new directors. The company welcomed new Norwegian-based board members, Per-Erik Bjørnstad, Frode Nilsen, and Richard Colterjohn, who bring extensive expertise in mining, tunneling, and investment banking. This strategic addition to the board is expected to bolster Blue Moon’s multi-jurisdictional critical minerals development efforts, enhancing its industry positioning and stakeholder value.

The most recent analyst rating on (TSE:MOON) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Blue Moon Metals stock, see the TSE:MOON Stock Forecast page.

Blue Moon Metals Strengthens Leadership with New Senior VP Appointment

Blue Moon Metals has appointed Katy Grant as Senior Vice President of Human Resources & Corporate Sustainability to enhance its management team as it grows its critical metals portfolio. Grant, with extensive experience in the mining sector, will lead global HR strategy and sustainability initiatives, focusing on integrating ESG principles across operations. Her leadership is expected to strengthen Blue Moon’s ESG performance and community relationships, supporting the company’s operational scaling and talent acquisition.

The most recent analyst rating on (TSE:MOON) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Blue Moon Metals stock, see the TSE:MOON Stock Forecast page.