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

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s share price shot up 50% during trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 1,942,446 shares traded 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 Price Performance

The company’s 50 day moving average price is C$0.07 and its 200-day moving average price is C$0.06. The company has a market cap of C$13.95 million, a price-to-earnings ratio of -10.00 and a beta of 0.32. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.84 and a current ratio of 0.17.

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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