Bluebird Merchant Ventures (LON:BMV) Shares Down 7.5% – Here’s Why

Bluebird Merchant Ventures Limited (LON:BMVGet Free Report)’s stock price dropped 7.5% during trading on Tuesday . The stock traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). Approximately 11,907,620 shares were traded during trading, an increase of 66% from the average daily volume of 7,178,260 shares. The stock had previously closed at GBX 0.87 ($0.01).

Bluebird Merchant Ventures Price Performance

The firm has a market capitalization of £5.97 million, a price-to-earnings ratio of 215.00 and a beta of 0.62. The company has a current ratio of 0.41, a quick ratio of 0.08 and a debt-to-equity ratio of 1.83. The business has a 50-day moving average price of GBX 0.93 and a two-hundred day moving average price of GBX 1.10.

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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