Voyageur Pharmaceuticals (CVE:VM) Stock Price Down 31.3% – Here’s Why

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) traded down 31.3% on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.17. 1,643,425 shares were traded during mid-day trading, an increase of 205% from the average session volume of 538,457 shares. The stock had previously closed at C$0.24.

Voyageur Pharmaceuticals Stock Performance

The company has a debt-to-equity ratio of 3.21, a current ratio of 0.17 and a quick ratio of 0.84. The stock has a market cap of C$23.01 million, a PE ratio of -16.50 and a beta of 0.32. The business has a 50 day moving average price of C$0.10 and a two-hundred day moving average price of C$0.07.

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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