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Blue Moon Metals (TSE:MOON)
:MOON

Blue Moon Metals (MOON) AI Stock Analysis

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Blue Moon Metals

(OTC:MOON)

Rating:30Underperform
Price Target:
Blue Moon Metals is currently struggling with financial stability due to its pre-revenue status and reliance on financing, which significantly impacts its overall score. Despite positive technical indicators and strategic corporate developments, the lack of earnings and traditional valuation metrics pose substantial risks for investors.

Blue Moon Metals (MOON) vs. iShares MSCI Canada ETF (EWC)

Blue Moon Metals Business Overview & Revenue Model

Company DescriptionBlue 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 MoneyBlue 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
10
Very Negative
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
20
Very Negative
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
15
Very Negative
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
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
0.000.000.000.000.00
EBIT
-1.04M-261.46K-325.02K-1.48M-207.69K
EBITDA
-493.58K-64.90K0.00-1.48M0.00
Net Income Common Stockholders
-495.76K-340.86K-349.08K-1.52M-263.34K
Balance SheetCash, Cash Equivalents and Short-Term Investments
3.47M355.34K30.19K582.07K267.01K
Total Assets
32.37M1.08M755.00K1.42M988.06K
Total Debt
0.000.00200.00K306.00K306.00K
Net Debt
-3.00M-355.34K169.81K-276.07K38.98K
Total Liabilities
27.92M194.92K314.96K632.46K559.14K
Stockholders Equity
4.46M881.47K440.04K789.12K428.93K
Cash FlowFree Cash Flow
-622.51K-322.14K-405.65K-1.46M-125.45K
Operating Cash Flow
-619.82K-322.14K-405.65K-1.46M-96.40K
Investing Cash Flow
-174.55K0.000.000.00-29.05K
Financing Cash Flow
30.43M632.80K-146.23K1.78M296.54K

Blue Moon Metals Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3.10
Price Trends
50DMA
3.12
Negative
100DMA
3.28
Negative
200DMA
3.33
Negative
Market Momentum
MACD
<0.01
Negative
RSI
49.23
Neutral
STOCH
18.92
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MOON, the sentiment is Negative. The current price of 3.1 is above the 20-day moving average (MA) of 3.10, below the 50-day MA of 3.12, and below the 200-day MA of 3.33, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.23 is Neutral, neither overbought nor oversold. The STOCH value of 18.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MOON.

Blue Moon Metals Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
53
Neutral
C$61.93M-3.76%-192.50%
TSPGE
53
Neutral
C$51.24M-79.38%34.27%
51
Neutral
$2.03B-1.27-21.09%3.98%2.91%-30.50%
30
Underperform
$159.61M-2.40%-0.32%
$43.86M-70.88%
$26.72M-271.21%
$48.19M-2.28%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:MOON
Blue Moon Metals
3.10
2.67
620.93%
LCGMF
Lion Copper and Gold
0.11
0.05
83.33%
TSE:CCCM
C3 Metals
0.62
0.34
121.43%
TSE:PGE
Group Ten Metals
0.22
0.06
37.50%
DLPRF
DLP Resources
0.25
-0.01
-3.85%
CONXF
Nickel 28 Capital Corp
0.58
0.12
26.09%

Blue Moon Metals Corporate Events

Executive/Board ChangesBusiness Operations and Strategy
Blue Moon Metals Strengthens Leadership with New VP Appointment
Positive
Apr 21, 2025

Blue Moon Metals has appointed Boi Linh Doig as Vice-President, Mining, to strengthen its management team as the company focuses on developing its three polymetallic brownfield projects. Mrs. Doig’s extensive experience in underground mining and strategic planning is expected to significantly contribute to the advancement of these projects, enhancing operational efficiency and strategic initiatives. Additionally, the company has awarded restricted share units and stock options to its officers and employees, indicating a commitment to incentivizing its team for long-term growth.

Spark’s Take on TSE:MOON Stock

According to Spark, TipRanks’ AI Analyst, TSE:MOON is a Neutral.

Blue Moon Metals’ score reflects its pre-revenue status, strong equity position, and operational challenges. The technical analysis shows positive momentum, which could be attractive for speculative investors. However, the lack of revenue and traditional valuation metrics presents significant risks.

To see Spark’s full report on TSE:MOON stock, click here.

Delistings and Listing ChangesBusiness Operations and Strategy
Blue Moon Metals Graduates to OTCQX Best Market
Positive
Apr 15, 2025

Blue Moon Metals Inc. has announced that its common shares have graduated to the OTCQX Best Market, representing an upgrade from the OTCQB Venture Market. This move is expected to enhance the company’s visibility and accessibility to U.S. investors, strengthening its presence in the U.S. capital markets. The graduation is a significant milestone in Blue Moon’s growth, reflecting its progress in building a critical metals mining business, particularly around the Blue Moon Mine. This development is anticipated to create increased opportunities for the company to connect with investors and partners.

Spark’s Take on TSE:MOON Stock

According to Spark, TipRanks’ AI Analyst, TSE:MOON is a Neutral.

Blue Moon Metals’ score reflects its pre-revenue status, strong equity position, and operational challenges. The technical analysis shows positive momentum, which could be attractive for speculative investors. However, the lack of revenue and traditional valuation metrics presents significant risks.

To see Spark’s full report on TSE:MOON stock, click here.

Business Operations and StrategyRegulatory Filings and Compliance
Blue Moon Metals Gains Key Approval for California Exploration Project
Positive
Apr 15, 2025

Blue Moon Metals has received approval from the Bureau of Land Management for an underground exploration program at its Blue Moon Critical Minerals Project in California. This approval marks a significant milestone, allowing the company to begin construction of a portal and tunnel for mineral exploration, which will support a feasibility study and potentially create 20 new jobs. The project aligns with a recent Executive Order to boost domestic mineral production and has garnered congressional support, highlighting its potential to strengthen the U.S. supply of critical metals.

Spark’s Take on TSE:MOON Stock

According to Spark, TipRanks’ AI Analyst, TSE:MOON is a Neutral.

Blue Moon Metals’ score reflects its pre-revenue status, strong equity position, and operational challenges. The technical analysis shows positive momentum, which could be attractive for speculative investors. However, the lack of revenue and traditional valuation metrics presents significant risks.

To see Spark’s full report on TSE:MOON stock, click here.

Delistings and Listing ChangesM&A TransactionsBusiness Operations and Strategy
Blue Moon Metals Reinstates OTCQB Quotation After Strategic Acquisitions
Positive
Apr 14, 2025

Blue Moon Metals Inc. has announced the reinstatement of its common shares on the OTCQB Market exchange in the United States, effective April 14, 2025, under the symbol BMOOF. This follows the company’s transformational acquisitions of two projects in Norway and aims to provide existing shareholders with an additional trading platform while attracting a broader range of investors. The reinstatement is expected to enhance the company’s market presence and facilitate greater investment opportunities.

Spark’s Take on TSE:MOON Stock

According to Spark, TipRanks’ AI Analyst, TSE:MOON is a Neutral.

Blue Moon Metals’ score reflects its pre-revenue status, strong equity position, and operational challenges. The technical analysis shows positive momentum, which could be attractive for speculative investors. However, the lack of revenue and traditional valuation metrics presents significant risks.

To see Spark’s full report on TSE:MOON stock, click here.

Business Operations and Strategy
Blue Moon Metals Unveils Maiden Resource Estimate for Sulitjelma Project
Positive
Apr 10, 2025

Blue Moon Metals has announced a maiden mineral resource estimate for its Sulitjelma Project in Norway, revealing 17 million tonnes of inferred resources with copper and zinc grades. The company plans to advance the project through further exploration and technical studies, with a focus on the Rupsi and Dypet deposits. The approval from the Norwegian Government to extend a historical mine tunnel and conduct underground drilling highlights the project’s growth potential. Blue Moon aims to modernize mining practices in the district and potentially expand its resource base to include gold, silver, sulfur, and cobalt, enhancing the project’s strategic value.

Spark’s Take on TSE:MOON Stock

According to Spark, TipRanks’ AI Analyst, TSE:MOON is a Neutral.

Blue Moon Metals’ score reflects its pre-revenue status, strong equity position, and operational challenges. The technical analysis shows positive momentum, which could be attractive for speculative investors. However, the lack of revenue and traditional valuation metrics presents significant risks.

To see Spark’s full report on TSE:MOON stock, click here.

Business Operations and StrategyRegulatory Filings and Compliance
Blue Moon Metals Secures Nussir Mine License, Plans Pre-Construction
Positive
Mar 18, 2025

Blue Moon Metals Inc. announced that the Norwegian Ministry of Trade, Industry and Fisheries has upheld the operating license and extended the deadline for the start-up of operations at the Nussir Mine, following the final possible appeal. With all primary permits secured and secondary permits in progress, the company plans to commence pre-construction activities later this year with a budget of approximately US$30 million. These activities will utilize existing brownfield surface areas and are fully financed through existing cash and credit facilities, aiming to finalize engineering parameters ahead of an updated feasibility study expected in the first half of 2026.

Delistings and Listing ChangesPrivate Placements and FinancingM&A TransactionsStock Split
Blue Moon Metals Resumes Trading and Achieves Tier 1 Status on TSX Venture Exchange
Positive
Mar 13, 2025

Blue Moon Metals Inc. has announced the resumption of trading of its shares on the TSX Venture Exchange following its graduation to Tier 1 status and completion of a share consolidation. This follows the company’s significant acquisitions, including Nussir ASA and Nye Sulitjelma Gruver AS, and a successful equity financing of approximately $35.4 million. These developments are expected to enhance Blue Moon’s operational capabilities and market positioning, potentially benefiting stakeholders through improved service standards and decreased filing requirements.

M&A TransactionsBusiness Operations and Strategy
Blue Moon Metals Acquires Key Infrastructure for Nussir Project
Positive
Mar 10, 2025

Blue Moon Metals has acquired Repparfjord Eiendom AS, including its operating aggregate quarry and shiploading equipment, in a transaction valued at approximately US$16 million. This acquisition provides Blue Moon’s Nussir Project in Norway with essential infrastructure, such as a modern ship-loading system, port facilities, and a fully permitted aggregate mine, significantly advancing the project’s development and operational capabilities.

Delistings and Listing ChangesStock Split
Blue Moon Metals Announces Share Consolidation to Boost Marketability
Neutral
Mar 3, 2025

Blue Moon Metals Inc. has announced a proposed consolidation of its share capital, where one new common share will replace up to ten existing shares, pending regulatory approval. The consolidation aims to enhance the marketability of the shares and facilitate future financings, potentially impacting the company’s ability to fund operations and improve its market position.

Business Operations and StrategyFinancial Disclosures
Blue Moon Metals Reports Strong PEA Results for Blue Moon VMS Deposit
Positive
Mar 3, 2025

Blue Moon Metals Inc. has announced the results of a Preliminary Economic Assessment (PEA) for its Blue Moon VMS deposit, indicating a robust after-tax internal rate of return (IRR) of 38% and up to 48% using spot prices. The assessment suggests the development of an underground mine with onsite production, projecting significant economic benefits such as a net present value (NPV) of up to $340 million and a payback period as short as 1.9 years. This announcement positions Blue Moon favorably within the mining sector, potentially enhancing its operational capabilities and offering promising returns for stakeholders.

Delistings and Listing ChangesExecutive/Board ChangesM&A Transactions
Blue Moon Metals Expands with Norwegian Acquisitions and Leadership Changes
Positive
Feb 27, 2025

Blue Moon Metals Inc. has successfully completed the acquisition of a significant majority stake in Nussir ASA and full ownership of Nye Sulitjelma Gruver AS, marking a substantial expansion of its mining portfolio. This move, along with the appointment of new leadership, positions Blue Moon for potential growth and strengthens its market presence, with implications for shareholders as the company seeks to uplist to a higher tier on the TSXV.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.