Bluebird Merchant Ventures (LON:BMV) Shares Down 9.4% – Here’s What Happened

Bluebird Merchant Ventures Limited (LON:BMVGet Free Report)’s stock price traded down 9.4% during mid-day trading on Tuesday . The stock traded as low as GBX 0.16 and last traded at GBX 0.16. 4,358,568 shares traded hands during trading, a decline of 65% from the average session volume of 12,628,990 shares. The stock had previously closed at GBX 0.18.

Bluebird Merchant Ventures Stock Performance

The firm has a fifty day moving average of GBX 0.33 and a 200-day moving average of GBX 0.82. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 2.29. The firm has a market cap of £1.36 million, a P/E ratio of -0.48 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.

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