Bluebird Merchant Ventures (LON:BMV) Stock Price Up 25% – Still a Buy?

Bluebird Merchant Ventures Limited (LON:BMVGet Free Report)’s stock price rose 25% during mid-day trading on Thursday . The company traded as high as GBX 0.10 and last traded at GBX 0.10. Approximately 47,113,293 shares changed 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 Price Performance

The firm has a fifty day moving average of GBX 0.15 and a two-hundred day moving average of GBX 0.52. 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 company has a market capitalization of £1.73 million, a PE ratio of -0.26 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.

Further Reading

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