Voyageur Pharmaceuticals (CVE:VM) Trading 47.4% Higher – Still a Buy?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shot up 47.4% on Saturday . The stock traded as high as C$0.14 and last traded at C$0.14. 1,312,210 shares were traded during mid-day trading, an increase of 427% from the average session volume of 249,010 shares. The stock had previously closed at C$0.10.

Voyageur Pharmaceuticals Stock Performance

The firm has a market capitalization of C$19.53 million, a price-to-earnings ratio of -14.00 and a beta of 0.32. The company has a 50-day moving average price of C$0.08 and a 200-day moving average price of C$0.06. 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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