Voyageur Pharmaceuticals (CVE:VM) Trading 47.4% Higher – What’s Next?

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

Voyageur Pharmaceuticals Stock Up 47.4 %

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 business’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.06. The firm has a market cap of C$19.53 million, a P/E ratio of -14.00 and a beta of 0.32.

Voyageur Pharmaceuticals Company Profile

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.