Voyageur Pharmaceuticals (CVE:VM) Trading Down 31.3% – What’s Next?

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

Voyageur Pharmaceuticals Stock Performance

The company’s 50-day moving average is C$0.11 and its two-hundred day moving average is C$0.08. The company has a market capitalization of C$25.10 million, a P/E ratio of -18.00 and a beta of 0.32. The company has a quick ratio of 0.84, a current ratio of 0.17 and a debt-to-equity ratio of 3.21.

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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