Bluebird Merchant Ventures (LON:BMV) Trading 17.6% Higher – Here’s Why

Bluebird Merchant Ventures Limited (LON:BMVGet Free Report) rose 17.6% during trading on Wednesday . The company 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 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 Stock Performance

The company has a market capitalization of £5.12 million, a price-to-earnings ratio of 215.00 and a beta of 0.62. The company’s fifty day simple moving average is GBX 0.59 and its two-hundred day simple moving average is GBX 0.89. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.08 and a current ratio of 0.08.

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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