Voyageur Pharmaceuticals (CVE:VM) Trading Up 50% – Still a Buy?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s share price traded up 50% on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 1,942,446 shares changed hands during trading, an increase of 1,795% from the average session volume of 102,479 shares. The stock had previously closed at C$0.07.

Voyageur Pharmaceuticals Stock Performance

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