Voyageur Pharmaceuticals (CVE:VM) Shares Up 21.4% – Here’s Why

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) traded up 21.4% during mid-day trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09. 1,238,946 shares changed hands during trading, an increase of 1,152% from the average session volume of 98,928 shares. The stock had previously closed at C$0.07.

Voyageur Pharmaceuticals Stock Performance

The company has a market capitalization of C$14.64 million, a price-to-earnings ratio of -10.50 and a beta of 0.32. The firm has a fifty day simple moving average of C$0.07 and a 200 day simple moving average of 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.

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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