Voyageur Pharmaceuticals (CVE:VM) Trading 21.4% Higher – Here’s Why

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s stock price rose 21.4% during trading on Monday . The stock traded as high as C$0.21 and last traded at C$0.17. Approximately 1,548,155 shares changed hands during trading, an increase of 298% from the average daily volume of 388,528 shares. The stock had previously closed at C$0.14.

Voyageur Pharmaceuticals Price Performance

The company has a debt-to-equity ratio of 3.21, a current ratio of 0.17 and a quick ratio of 0.84. The stock has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.06. The company has a market cap of C$18.83 million, a price-to-earnings ratio of -13.50 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.

Read More

Receive News & Ratings for Voyageur Pharmaceuticals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Voyageur Pharmaceuticals and related companies with MarketBeat.com's FREE daily email newsletter.