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

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shares rose 21.2% during trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.20. Approximately 292,294 shares traded hands during trading, a decline of 46% from the average daily volume of 538,273 shares. The stock had previously closed at C$0.17.

Voyageur Pharmaceuticals Price Performance

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 firm has a fifty day moving average of C$0.10 and a 200 day moving average of C$0.07. The company has a market capitalization of C$27.89 million, a P/E ratio of -20.00 and a beta of 0.32.

Voyageur Pharmaceuticals Company Profile

(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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