Bluebird Merchant Ventures (LON:BMV) Shares Down 11.6% – Here’s What Happened

Bluebird Merchant Ventures Limited (LON:BMVGet Free Report) shares were down 11.6% during mid-day trading on Tuesday . The stock traded as low as GBX 0.42 and last traded at GBX 0.42. Approximately 5,383,657 shares traded hands during trading, a decline of 60% from the average daily volume of 13,361,628 shares. The stock had previously closed at GBX 0.48.

Bluebird Merchant Ventures Stock Performance

The company has a market cap of £3.63 million, a P/E ratio of -1.27 and a beta of 0.62. The firm has a 50 day moving average price of GBX 0.79 and a 200-day moving average price of GBX 0.88. 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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