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

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) was up 50% on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 1,942,446 shares changed hands during trading, an increase of 1,822% from the average daily volume of 101,063 shares. The stock had previously closed at C$0.07.

Voyageur Pharmaceuticals Stock Up 11.1 %

The firm’s fifty day moving average is C$0.07 and its 200-day moving average is C$0.06. The company has a market capitalization of C$13.95 million, a P/E ratio of -10.00 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.

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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