Voyageur Pharmaceuticals (CVE:VM) Trading Up 21.2% – Here’s Why

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) were up 21.2% during trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.20. Approximately 283,894 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 537,850 shares. The stock had previously closed at C$0.17.

Voyageur Pharmaceuticals Stock Down 10.0 %

The company has a current ratio of 0.17, a quick ratio of 0.84 and a debt-to-equity ratio of 3.21. The business has a 50-day moving average price of C$0.11 and a 200 day moving average price of C$0.08. The stock has a market capitalization of C$25.10 million, a P/E ratio of -18.00 and a beta of 0.32.

About Voyageur Pharmaceuticals

(Get Free Report)

Voyageur Pharmaceuticals Ltd., together with its subsidiaries, engages in the acquiring, exploring, and developing raw materials for pharmaceutical products, primarily in the province of British Columbia, Canada, and the state of Utah. The company develops barium and iodine-based APIs. The company was formerly known as Voyageur Minerals Ltd.

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