Voyageur Pharmaceuticals (CVE:VM) Shares Up 28.6% – Here’s Why

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s share price rose 28.6% during trading on Monday . The company traded as high as C$0.21 and last traded at C$0.18. Approximately 1,188,155 shares traded hands during mid-day trading, an increase of 253% from the average daily volume of 336,778 shares. The stock had previously closed at C$0.14.

Voyageur Pharmaceuticals Stock Performance

The business has a fifty day moving average of C$0.08 and a 200-day moving average of C$0.06. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.84 and a current ratio of 0.17. The company has a market capitalization of C$18.83 million, a P/E ratio of -13.50 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.

Further Reading

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