Bluebird Merchant Ventures (LON:BMV) Shares Down 12% – What’s Next?

Bluebird Merchant Ventures Limited (LON:BMVGet Free Report) shares dropped 12% during trading on Friday . The company traded as low as GBX 0.52 ($0.01) and last traded at GBX 0.55 ($0.01). Approximately 2,610,299 shares changed hands during trading, a decline of 58% from the average daily volume of 6,183,674 shares. The stock had previously closed at GBX 0.63 ($0.01).

Bluebird Merchant Ventures Stock Down 12.8 %

The company has a market capitalization of £3.89 million, a price-to-earnings ratio of 215.00 and a beta of 0.62. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 2.29. The business has a fifty day simple moving average of GBX 0.67 and a two-hundred day simple moving average of GBX 1.01.

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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