Voyageur Pharmaceuticals (CVE:VM) Trading Up 15.8% – Time to Buy?

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shot up 15.8% during trading on Monday . The company traded as high as C$0.22 and last traded at C$0.22. 620,065 shares changed hands during trading, an increase of 44% from the average session volume of 429,643 shares. The stock had previously closed at C$0.19.

Voyageur Pharmaceuticals Price Performance

The stock has a market cap of C$29.29 million, a PE ratio of -21.00 and a beta of 0.32. 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 company’s fifty day moving average is C$0.09 and its 200 day moving average is C$0.07.

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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