<- Go home

Added to YB: 2026-05-07

Pitch date: 2026-05-05

MOON.V [neutral]

Blue Moon Metals Inc.

+0.31%

current return

Author Info

Shawarma Capital wraps deep research on hardware, semis, defense autonomy, and more, into long-form memos you can actually digest. Sign up for the newsletter.

Company Info

Blue Moon Metals Inc. engages in the exploration and development of mineral resource properties in Norway and the United States.

Market Cap

CAD 881.4M

Pitch Price

CAD 9.60

Price Target

59.90 (+522%)

Dividend

N/A

EV/EBITDA

-20.48

P/E

-13.78

EV/Sales

N/A

Sector

Metals and Mining

Category

special_situation

Show full summary:
Blue Moon Metals, Part 2: Nussir is funded, Springer is next, and the scenario tree just shifted

MOON.V (update): Hartree Partners paid C$9.06/share (+15% premium) Apr 22-24 to maintain stake via pre-emptive rights ahead of C$163M bought deal close May 6. Stock at $7.18. Scenario tree: bear $5 (10%), base $36 (45%), bull $72 (30%), moonshot $144 (15%). Prob-weighted EV $59.90 = 8.3x upside. Nussir funded, Springer next. Deep dive on financing waterfall, APT unit economics, Apex Ge-Ga content, dilution math, NAV.

Read full article (1 min)