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

Shares of Bluebird Merchant Ventures Limited (LON:BMV) traded down 12% during mid-day trading on Wednesday . The stock traded as low as GBX 0.55 ($0.01) and last traded at GBX 0.55 ($0.01). 131,147 shares changed hands during trading, a decline of 98% from the average session volume of 5,373,866 shares. The stock had previously closed at GBX 0.63 ($0.01).

Bluebird Merchant Ventures Price Performance

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 business’s fifty day moving average is GBX 0.64 and its 200 day moving average is GBX 0.74. The company has a market cap of £4.99 million, a P/E ratio of 215.00 and a beta of 0.62.

Insider Buying and Selling at Bluebird Merchant Ventures

In other Bluebird Merchant Ventures news, insider Aidan Bishop bought 1,000,000 shares of Bluebird Merchant Ventures stock in a transaction dated Tuesday, January 21st. The stock was purchased at an average price of GBX 1 ($0.01) per share, for a total transaction of £10,000 ($12,792.63). Corporate insiders own 40.42% of the company’s stock.

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.