Voyageur Pharmaceuticals (CVE:VM) Stock Price Up 24.2% – What’s Next?

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shot up 24.2% during trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.21. 280,394 shares traded hands during trading, a decline of 48% from the average session volume of 537,707 shares. The stock had previously closed at C$0.17.

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 has a 50-day moving average price of C$0.10 and a two-hundred day moving average price of C$0.07. The firm has a market capitalization of C$27.89 million, a price-to-earnings ratio of -20.00 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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