Bluebird Merchant Ventures (LON:BMV) Stock Price Down 12% – Here’s Why

Shares of Bluebird Merchant Ventures Limited (LON:BMVGet Free Report) fell 12% on Friday . The stock traded as low as GBX 0.52 ($0.01) and last traded at GBX 0.55 ($0.01). 2,610,299 shares traded hands during trading, a decline of 58% from the average session 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 quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 2.29. The stock has a fifty day moving average price of GBX 0.67 and a two-hundred day moving average price of GBX 1.01. The company has a market cap of £3.89 million, a price-to-earnings ratio of 215.00 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.

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