Voyageur Pharmaceuticals (CVE:VM) Shares Up 50% – What’s Next?

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) traded up 50% during trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 1,942,446 shares traded hands during mid-day 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 Trading Up 50.0 %

The company’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.06. The company has a debt-to-equity ratio of 3.21, a current ratio of 0.17 and a quick ratio of 0.84. The firm has a market cap of C$14.64 million, a price-to-earnings ratio of -10.50 and a beta of 0.32.

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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