Voyageur Pharmaceuticals (CVE:VM) Shares Down 31.3% – Here’s Why

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s stock price was down 31.3% on Thursday . The company traded as low as C$0.14 and last traded at C$0.17. Approximately 1,643,425 shares were traded during trading, an increase of 198% from the average daily volume of 550,572 shares. The stock had previously closed at C$0.24.

Voyageur Pharmaceuticals Stock Performance

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 market capitalization of C$23.01 million, a price-to-earnings ratio of -16.50 and a beta of 0.32. The stock’s 50 day moving average price is C$0.10 and its two-hundred day moving average price is C$0.07.

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.

Further Reading

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