Voyageur Pharmaceuticals (CVE:VM) Stock Price Up 50% – Here’s Why

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

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 company has a market capitalization of C$13.95 million, a P/E ratio of -10.00 and a beta of 0.32. The business’s fifty day simple moving average is C$0.07 and its 200-day simple moving average is C$0.06.

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.

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