Bluebird Merchant Ventures (LON:BMV) Trading 17.6% Higher – Still a Buy?

Bluebird Merchant Ventures Limited (LON:BMVGet Free Report)’s stock price was up 17.6% during mid-day trading on Wednesday . The stock traded as high as GBX 0.55 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 27,278,088 shares traded hands during mid-day trading, an increase of 394% from the average daily volume of 5,523,270 shares. The stock had previously closed at GBX 0.43 ($0.01).

Bluebird Merchant Ventures Price Performance

The business’s 50 day moving average price is GBX 0.59 and its 200-day moving average price is GBX 0.89. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 2.29. The company has a market cap of £5.12 million, a PE ratio of 215.00 and a beta of 0.62.

About Bluebird Merchant Ventures

(Get Free Report)

Bluebird Merchant Ventures Limited, together with its subsidiaries, engages in mining and developing of mineral properties. The company primarily explores for gold and silver deposits. It holds interests in the Gubong project and Kochang project located in South Korea. The company was incorporated in 2014 and is based in Road Town, the British Virgin Islands.

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