Voyageur Pharmaceuticals (CVE:VM) Trading Up 21.2% – What’s Next?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s stock price rose 21.2% on Thursday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 216,394 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 534,421 shares. The stock had previously closed at C$0.17.

Voyageur Pharmaceuticals Stock 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 company’s 50-day moving average is C$0.10 and its two-hundred day moving average is C$0.07. The stock has a market capitalization of C$27.89 million, a P/E 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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