Voyageur Pharmaceuticals (CVE:VM) Trading Up 47.4% – Here’s Why

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s share price was up 47.4% during trading on Saturday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 1,312,210 shares changed hands during mid-day trading, an increase of 427% from the average daily volume of 249,010 shares. The stock had previously closed at C$0.10.

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 business’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.06. The firm has a market cap of C$19.53 million, a price-to-earnings ratio of -14.00 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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