Voyageur Pharmaceuticals (CVE:VM) Trading 50% Higher – What’s Next?

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) traded up 50% on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. 1,942,446 shares changed hands during 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 Price Performance

The stock has a market cap of C$14.64 million, a P/E ratio of -10.50 and a beta of 0.32. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.84 and a current ratio of 0.17. The firm has a 50-day moving average price of C$0.07 and a 200-day moving average price of C$0.06.

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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