Bluebird Merchant Ventures (LON:BMV) Shares Down 0.6% – What’s Next?

Bluebird Merchant Ventures Limited (LON:BMV) shares fell 0.6% during trading on Monday . The company traded as low as GBX 0.47 ($0.01) and last traded at GBX 0.50 ($0.01). 2,100,010 shares changed hands during trading, a decline of 54% from the average session volume of 4,588,755 shares. The stock had previously closed at GBX 0.50 ($0.01).

Bluebird Merchant Ventures Price Performance

The stock’s 50-day moving average price is GBX 0.64 and its 200 day moving average price is GBX 0.70. The firm has a market cap of £3.54 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.

Insider Activity at Bluebird Merchant Ventures

In other Bluebird Merchant Ventures news, insider Aidan Bishop bought 1,000,000 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were acquired at an average price of GBX 1 ($0.01) per share, with a total value of £10,000 ($12,913.22). 40.42% of the stock is currently owned by insiders.

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.