Bluebird Merchant Ventures (LON:BMV) Trading 25% Higher – Still a Buy?

Bluebird Merchant Ventures Limited (LON:BMVGet Free Report)’s share price rose 25% during trading on Thursday . The stock traded as high as GBX 0.10 and last traded at GBX 0.10. Approximately 47,113,293 shares traded hands during trading, an increase of 338% from the average daily volume of 10,746,778 shares. The stock had previously closed at GBX 0.08.

Bluebird Merchant Ventures Trading Up 7.5%

The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 2.29. The firm has a fifty day simple moving average of GBX 0.15 and a two-hundred day simple moving average of GBX 0.52. The stock has a market cap of £1.73 million, a PE ratio of -0.26 and a beta of 0.62.

Bluebird Merchant Ventures Company Profile

(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.

Further Reading

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