Voyageur Pharmaceuticals (CVE:VM) Shares Up 12.1% – Here’s What Happened

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s stock price shot up 12.1% on Thursday . The stock traded as high as C$0.19 and last traded at C$0.19. 109,894 shares changed hands during trading, a decline of 79% from the average session volume of 527,897 shares. The stock had previously closed at C$0.17.

Voyageur Pharmaceuticals Stock Performance

The firm has a 50 day moving average of C$0.10 and a two-hundred day moving average of C$0.07. The stock has a market cap of C$27.89 million, a P/E ratio of -20.00 and a beta of 0.32. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.84 and a current ratio of 0.17.

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.

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