Voyageur Pharmaceuticals (CVE:VM) Trading Up 50% – Here’s Why

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) traded up 50% during trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 1,942,446 shares were traded during mid-day trading, an increase of 1,795% from the average session volume of 102,479 shares. The stock had previously closed at C$0.07.

Voyageur Pharmaceuticals Stock Performance

The stock has a market cap of C$13.95 million, a price-to-earnings ratio of -10.00 and a beta of 0.32. The stock’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.06. The company has a current ratio of 0.17, a quick ratio of 0.84 and a debt-to-equity ratio of 3.21.

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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