Voyageur Pharmaceuticals (CVE:VM) Trading 21.2% Higher – Should You Buy?

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shot up 21.2% during mid-day trading on Thursday . The company traded as high as C$0.21 and last traded at C$0.20. 292,294 shares were traded during mid-day 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 debt-to-equity ratio of 3.21, a current ratio of 0.17 and a quick ratio of 0.84. The stock has a 50 day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.07. The company has a market cap 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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