Bluebird Merchant Ventures (LON:BMV) Trading 25% Higher – Here’s What Happened

Shares of Bluebird Merchant Ventures Limited (LON:BMVGet Free Report) were up 25% during mid-day trading on Friday . The stock traded as high as GBX 0.20 and last traded at GBX 0.20. Approximately 9,344,910 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 12,600,410 shares. The stock had previously closed at GBX 0.16.

Bluebird Merchant Ventures Stock Up 18.8%

The company has a market capitalization of £1.64 million, a PE ratio of -0.58 and a beta of 0.62. 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 business has a fifty day moving average of GBX 0.31 and a 200 day moving average of GBX 0.80.

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.

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