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

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) rose 47.4% during trading on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 1,312,210 shares traded hands during mid-day 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 Price Performance

The company has a quick ratio of 0.84, a current ratio of 0.17 and a debt-to-equity ratio of 3.21. The company has a market capitalization of C$19.53 million, a price-to-earnings ratio of -14.00 and a beta of 0.32. The stock’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.06.

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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