Bluebird Merchant Ventures (LON:BMV) Shares Down 7.7% – Should You Sell?

Bluebird Merchant Ventures Limited (LON:BMV)’s share price fell 7.7% during trading on Monday . The company traded as low as GBX 0.12 and last traded at GBX 0.12. 4,078,545 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 7,674,387 shares. The stock had previously closed at GBX 0.13.

Bluebird Merchant Ventures Stock Performance

The business’s 50-day moving average price is GBX 0.15 and its 200-day moving average price is GBX 0.52. 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 £1.59 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.