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

Bluebird Merchant Ventures Limited (LON:BMV) fell 0.6% during mid-day trading on Monday . The stock traded as low as GBX 0.47 ($0.01) and last traded at GBX 0.50 ($0.01). 2,100,010 shares traded hands during mid-day 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 company has a market cap of £3.54 million, a P/E ratio of 215.00 and a beta of 0.62. The company has a fifty day simple moving average of GBX 0.64 and a 200-day simple moving average of GBX 0.70. The company has a debt-to-equity ratio of 2.29, a current ratio of 0.08 and a quick ratio of 0.08.

Insider Buying and Selling at Bluebird Merchant Ventures

In related news, insider Aidan Bishop purchased 1,000,000 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were bought 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 owned by corporate insiders.

About Bluebird Merchant Ventures

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.