Voyageur Pharmaceuticals (CVE:VM) Trading Up 50% – Should You Buy?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) rose 50% on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 1,942,446 shares were traded during trading, an increase of 1,795% from the average daily volume of 102,479 shares. The stock had previously closed at C$0.07.

Voyageur Pharmaceuticals Stock Performance

The stock has a 50 day moving average price of C$0.07 and a two-hundred day moving average price of 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 company has a market capitalization 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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