Voyageur Pharmaceuticals (CVE:VM) Trading 50% Higher – Time to Buy?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shot up 50% during trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. 1,942,446 shares were traded 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 company has a current ratio of 0.17, a quick ratio of 0.84 and a debt-to-equity ratio of 3.21. The business’s fifty day moving average is C$0.07 and its 200 day moving average is C$0.06. The company has a market cap of C$14.64 million, a P/E ratio of -10.50 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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