Voyageur Pharmaceuticals (CVE:VM) Trading 47.4% Higher – Here’s What Happened

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shares traded up 47.4% during trading on Friday . The company traded as high as C$0.14 and last traded at C$0.14. 1,229,210 shares traded hands during trading, an increase of 502% from the average session volume of 204,168 shares. The stock had previously closed at C$0.10.

Voyageur Pharmaceuticals Price Performance

The firm’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.06. The company has a market capitalization of C$19.53 million, a PE ratio of -14.00 and a beta of 0.32. The company has a quick ratio of 0.84, a current ratio of 0.17 and a debt-to-equity ratio of 3.21.

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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