Bluebird Merchant Ventures Limited (LON:BMV – Get Free Report) traded up 8.7% on Wednesday after an insider bought additional shares in the company. The company traded as high as GBX 0.85 ($0.01) and last traded at GBX 0.82 ($0.01). 5,302,611 shares traded hands during trading, a decline of 22% from the average session volume of 6,798,162 shares. The stock had previously closed at GBX 0.75 ($0.01).
Specifically, insider Aidan Bishop purchased 1,000,000 shares of the business’s stock in a transaction on Tuesday, January 21st. The shares were bought at an average cost of GBX 1 ($0.01) per share, with a total value of £10,000 ($12,351.78).
Bluebird Merchant Ventures Stock Up 3.9 %
The stock has a market cap of £6.67 million, a PE ratio of 215.00 and a beta of 0.62. The business has a 50 day moving average price of GBX 0.60 and a 200 day moving average price of GBX 0.86. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 2.29.
About Bluebird Merchant Ventures
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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