Voyageur Pharmaceuticals (CVE:VM) Stock Price Down 9.5% – What’s Next?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) fell 9.5% during mid-day trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10. 167,544 shares were traded during trading, an increase of 63% from the average session volume of 102,479 shares. The stock had previously closed at C$0.11.

Voyageur Pharmaceuticals Price Performance

The company’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.06. 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 market cap of C$13.25 million, a P/E ratio of -9.50 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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