Blue Moon Metals shares up 16.67% intraday after acquiring Teck Resources' Apex mine and analyst upgrades target price to $6.60.

Blue Moon Metals surged 16.67% intraday, driven by its acquisition of Teck Resources’ Apex germanium-copper-gallium mine to strengthen North America’s critical mineral supply chain and a revised $6.6 buy rating from BMO analyst Eric Winmill, who cited a 78.6% success rate and 65.8% average return in recent recommendations. The move follows a 30% monthly and near-80% annual rise in tungsten prices in February 2026 due to global supply-demand imbalances and overseas price pressures.