Bluebird Merchant Ventures (LON:BMV) Stock Price Down 28.9% – Here’s Why

by · The Cerbat Gem

Bluebird Merchant Ventures Limited (LON:BMV – Get Free Report)’s stock price was down 28.9% on Thursday . The company traded as low as GBX 0.13 and last traded at GBX 0.17. Approximately 23,825,170 shares were traded during mid-day trading, an increase of 92% from the average daily volume of 12,430,355 shares. The stock had previously closed at GBX 0.24.

Bluebird Merchant Ventures Trading Up 8.7%

The company has a fifty day simple moving average of GBX 0.38 and a 200-day simple moving average of GBX 0.82. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 2.29. The stock has a market cap of £1.50 million, a price-to-earnings ratio of -0.53 and a beta of 0.62.

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.

Recommended Stories