Voyageur Pharmaceuticals (CVE:VM) Trading Down 31.3% – What’s Next?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shares were down 31.3% during mid-day trading on Thursday . The company traded as low as C$0.14 and last traded at C$0.17. Approximately 1,643,425 shares traded hands during trading, an increase of 198% from the average daily volume of 550,572 shares. The stock had previously closed at C$0.24.

Voyageur Pharmaceuticals Stock Performance

The company has a quick ratio of 0.84, a current ratio of 0.17 and a debt-to-equity ratio of 3.21. The firm has a 50 day moving average of C$0.11 and a 200-day moving average of C$0.08. The company has a market cap of C$25.10 million, a P/E ratio of -18.00 and a beta of 0.32.

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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