Bluebird Merchant Ventures (LON:BMV) Trading Down 7.5% – Here’s What Happened

Bluebird Merchant Ventures Limited (LON:BMVGet Free Report) shares dropped 7.5% during mid-day trading on Friday . The stock traded as low as GBX 0.37 and last traded at GBX 0.37. Approximately 383,417 shares were traded during trading, a decline of 97% from the average daily volume of 12,538,350 shares. The stock had previously closed at GBX 0.40.

Bluebird Merchant Ventures Trading Down 8.8%

The firm has a market capitalization of £3.15 million, a PE ratio of -1.11 and a beta of 0.62. The company’s 50-day moving average price is GBX 0.53 and its 200-day moving average price is GBX 0.85. 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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