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

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) rose 50% during mid-day trading on Thursday . The company 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 1,795% from the average daily volume of 102,479 shares. The stock had previously closed at C$0.07.

Voyageur Pharmaceuticals Trading Up 11.1 %

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 market cap of C$13.95 million, a P/E ratio of -10.00 and a beta of 0.32. The firm’s 50-day simple moving average is C$0.07 and its 200 day simple moving average is C$0.06.

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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