Voyageur Pharmaceuticals (CVE:VM) Trading 50% Higher – Still a Buy?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shares 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 changed hands 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 Up 11.1 %

The business has a 50-day moving average price of C$0.07 and a 200 day moving average price of C$0.06. The company has a current ratio of 0.17, a quick ratio of 0.84 and a debt-to-equity ratio of 3.21. The stock has a market capitalization of C$13.95 million, a P/E ratio of -10.00 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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