Voyageur Pharmaceuticals (CVE:VM) Shares Down 31.3% – Here’s What Happened

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s stock price dropped 31.3% during trading on Thursday . The company traded as low as C$0.14 and last traded at C$0.17. Approximately 1,643,425 shares were traded during mid-day trading, an increase of 198% from the average daily volume of 550,572 shares. The stock had previously closed at C$0.24.

Voyageur Pharmaceuticals Price Performance

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’s fifty day moving average price is C$0.11 and its two-hundred day moving average price is C$0.08. The firm has a market capitalization of C$25.10 million, a price-to-earnings ratio of -18.00 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.

Further Reading

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