Bluebird Merchant Ventures Limited (LON:BMV – Get Free Report) shares dropped 30% on Wednesday . The company traded as low as GBX 0.06 and last traded at GBX 0.07. Approximately 54,647,676 shares traded hands during mid-day trading, an increase of 354% from the average daily volume of 12,040,229 shares. The stock had previously closed at GBX 0.10.
Bluebird Merchant Ventures Stock Up 14.3%
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 50-day moving average price of GBX 0.15 and a 200-day moving average price of GBX 0.48. The firm has a market capitalization of £1.61 million, a PE ratio of -0.24 and a beta of 0.62.
Bluebird Merchant Ventures Company Profile
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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