Voyageur Pharmaceuticals (CVE:VM) Stock Price Up 47.4% – Here’s What Happened

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) was up 47.4% during mid-day trading on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 1,312,210 shares changed hands during trading, an increase of 427% from the average daily volume of 249,010 shares. The stock had previously closed at C$0.10.

Voyageur Pharmaceuticals Stock Performance

The company’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.06. 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 capitalization of C$19.53 million, a P/E ratio of -14.00 and a beta of 0.32.

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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