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

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s stock price shot up 21.2% during trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.20. 292,294 shares were traded during trading, a decline of 46% from the average session 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 business has a 50-day moving average price of C$0.10 and a two-hundred day moving average price of C$0.07. The firm has a market capitalization of C$27.89 million, a price-to-earnings ratio of -20.00 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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