Voyageur Pharmaceuticals (CVE:VM) Trading Up 10.5% – What’s Next?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shot up 10.5% during mid-day trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.11. 572,213 shares were traded during mid-day trading, an increase of 353% from the average session volume of 126,331 shares. The stock had previously closed at C$0.10.

Voyageur Pharmaceuticals Stock Performance

The stock has a market capitalization of C$19.53 million, a price-to-earnings ratio of -14.00 and a beta of 0.32. 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 firm has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.06.

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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