Blue Moon Metals (MOON) AI Stock Analysis

• Market Cap: C$367.92M
• Dividend Yield: N/A
• Average Volume (3M): 150.62K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.70
• 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: 63,874,460
• 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: 4.17% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: C$6.50 ▲(12.85% Upside)

The score is primarily held down by very weak financial performance (pre-revenue, sharply widening losses, and substantial cash burn), partially offset by strong technical momentum (price well above major moving averages with positive MACD, though RSI is overextended). Valuation remains challenged due to ongoing losses and no dividend support.

Positive Factors

Low-leverage balance sheet

A low debt-to-equity ratio and sizable equity base provide durable financial flexibility for a pre-revenue miner. This supports funding exploration and early construction without heavy interest burdens, lowering insolvency risk and giving time to execute multi-year project plans.

Secured sizable development financing

A completed C$86.5M offering materially extends runway and funds capital-intensive project phases. Durable impact: reduced immediate refinancing pressure allows multi-stage asset advancement, lowers short-term dilution risk, and increases probability of moving toward revenue if execution remains on plan.

Advancing project pipeline (Norway, California, acquisitions)

Concrete progress on feasibility, drilling and initial construction is a structural de-risking of assets. Moving projects through development milestones increases the odds of near-term resource conversion, strengthens the company’s asset base, and creates optionality for future production and strategic transactions.

Negative Factors

Pre-revenue with materially wider losses

Persistent pre-revenue status coupled with a large jump in TTM losses means the company lacks internal revenue to fund operations. Over months this necessitates external capital, elevates dilution risk, and lengthens the timeline to break-even, making long-term equity returns uncertain.

Sustained high cash burn

Large negative operating and free cash flows indicate the business consumes significant cash to advance projects. Even with recent financing, ongoing burn will require further raises or cost cuts; persistent cash outflows reduce runway and increase execution and dilution risk over the next several quarters.

Negative returns and equity erosion risk

Negative ROE signals the company is destroying shareholder capital. If losses continue, the sizable equity cushion can be eroded, undermining the low-leverage advantage and reducing financial flexibility over time, increasing vulnerability to adverse industry or funding conditions.

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

Pre-revenue with materially widening TTM net losses (~17.0M vs ~0.50M in 2024) and significant cash burn (TTM operating cash flow ~-15.9M; free cash flow ~-21.3M). The balance sheet is a relative strength with low leverage (debt-to-equity ~0.10), but negative ROE (~-14.7%) and ongoing burn keep overall financial quality weak.

Income Statement

The company is still pre-revenue (revenue is 0 across annual periods and TTM (Trailing-Twelve-Months)), so profitability is entirely driven by costs. Losses widened materially in TTM (Trailing-Twelve-Months) (net loss of ~17.0M vs ~0.50M in 2024), indicating a significant increase in spending and weak earnings quality at this stage. A positive is that losses are being funded for growth/advancement rather than declining sales, but the absence of revenue and persistently negative operating results keep the income statement profile very weak.

Balance Sheet

The balance sheet shows low leverage in TTM (Trailing-Twelve-Months) with debt-to-equity around 0.10 and equity of ~151.5M against assets of ~183.3M, which provides financial flexibility. However, returns on equity are negative (about -14.7% in TTM (Trailing-Twelve-Months)), reflecting ongoing losses and limited current profitability. Overall, capitalization looks supportive, but the key risk is continued losses eroding equity over time if revenue does not materialize.

Cash Flow

Cash generation is weak with negative operating cash flow (~-15.9M) and negative free cash flow (~-21.3M) in TTM (Trailing-Twelve-Months), implying meaningful cash burn. While free cash flow as a share of net loss is above 1 (cash outflow larger than the accounting loss), this points to heavier cash usage rather than improving cash efficiency. Free cash flow growth appears positive versus the prior period in the dataset, but absolute cash burn remains substantial and is the central near-term financial risk.

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: Neutral
• Last Price: 5.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MOON, the sentiment is Neutral. The current price of 5.76 is below the 20-day moving average (MA) of 5.92, above the 50-day MA of 5.05, and above the 200-day MA of 3.79, indicating a neutral trend. The MACD of 0.27 indicates Positive momentum. The RSI at 52.24 is Neutral, neither overbought nor oversold. The STOCH value of 17.83 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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%
REG	59 Neutral	C$631.49M	-179.00	-6.29%	―	―	-67.96%
OM	54 Neutral	C$738.18M	-26.15	-19.38%	―	―	-57.63%
AHR	53 Neutral	C$281.66M	-100.00	-385.36%	―	―	-267.65%
MOON	49 Neutral	C$367.92M	-14.35	-22.37%	―	―	-248.35%
AAG	44 Neutral	C$361.43M	-22.77	-52.22%	―	―	-60.82%
SFR	44 Neutral	C$347.94M	-12.41	―	―	―	-42.50%

Blue Moon Metals Corporate Events

Blue Moon Metals Secures Nasdaq Listing and Adds Veteran Financier to Board

Blue Moon Metals will begin trading its common shares on the Nasdaq Capital Market under the ticker BMM while maintaining listings on the TSX Venture Exchange and Frankfurt Stock Exchange, a move aimed at boosting its visibility and access to U.S. capital and investors. Concurrently, the company has appointed U.S.-based finance veteran Peter Madsen to its board of directors to support its U.S. growth strategy, which centers on acquiring the Springer processing plant in Nevada to serve as a hub for high-grade ores from its Blue Moon Mine in California, upgrading historical tungsten-molybdenum resources at Springer, and pursuing additional high-grade critical metals underground mines in the Western United States to enhance production potential and market liquidity.

The most recent analyst rating on (TSE:MOON) stock is a Hold 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 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.