Bluebird Merchant Ventures Limited (LON:BMV – Get Free Report) dropped 9% during mid-day trading on Wednesday . The company traded as low as GBX 0.13 and last traded at GBX 0.13. Approximately 4,403,673 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 8,679,271 shares. The stock had previously closed at GBX 0.15.
Bluebird Merchant Ventures Price Performance
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 fifty day simple moving average of GBX 0.17 and a 200 day simple moving average of GBX 0.59. The company has a market capitalization of £2.58 million, a PE ratio of -0.39 and a beta of 0.62.
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.
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