Bluebird Merchant Ventures (LON:BMV) Shares Down 7.7% – Here’s Why

Bluebird Merchant Ventures Limited (LON:BMV)’s share price was down 7.7% during mid-day trading on Monday . The company traded as low as GBX 0.12 and last traded at GBX 0.12. Approximately 4,078,545 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 7,674,387 shares. The stock had previously closed at GBX 0.13.

Bluebird Merchant Ventures Trading Down 19.2%

The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.08 and a current ratio of 0.08. The firm has a market capitalization of £2.11 million, a price-to-earnings ratio of -0.32 and a beta of 0.62. The business has a fifty day moving average price of GBX 0.16 and a 200 day moving average price of GBX 0.54.

About Bluebird Merchant Ventures

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.