Voyageur Pharmaceuticals (CVE:VM) Shares Up 47.4% – Still a Buy?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s stock price was up 47.4% during mid-day trading on Friday . 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 50-day moving average of C$0.08 and a 200 day moving average of C$0.06. The company has a quick ratio of 0.84, a current ratio of 0.17 and a debt-to-equity ratio of 3.21. The stock has a market capitalization of C$19.53 million, a PE ratio of -14.00 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.

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