Voyageur Pharmaceuticals (CVE:VM) Shares Up 50% – Time to Buy?

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) were up 50% during trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 1,942,446 shares traded 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 Stock Up 50.0 %

The business’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.06. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.84 and a current ratio of 0.17. The firm has a market capitalization 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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