Voyageur Pharmaceuticals (CVE:VM) Trading Up 47.4% – Here’s What Happened

by · The Cerbat Gem

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shares rose 47.4% on Saturday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 1,312,210 shares changed hands during mid-day trading, an increase of 427% from the average daily volume of 249,010 shares. The stock had previously closed at C$0.10.

Voyageur Pharmaceuticals Price Performance

The company’s 50-day moving average price is C$0.08 and its 200-day moving average price 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 company has a market cap of C$19.53 million, a P/E ratio of -14.00 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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