Voyageur Pharmaceuticals (CVE:VM) Shares Up 36.8% – What’s Next?

Voyageur Pharmaceuticals Ltd. (CVE:VM)’s share price was up 36.8% during mid-day trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 929,313 shares changed hands during trading, an increase of 383% from the average daily volume of 192,453 shares. The stock had previously closed at C$0.10.

Voyageur Pharmaceuticals Stock Up 47.4 %

The company has a quick ratio of 0.84, a current ratio of 0.17 and a debt-to-equity ratio of 3.21. The stock has a market capitalization of C$19.53 million, a P/E ratio of -14.00 and a beta of 0.32. The company has a fifty day moving average price of C$0.08 and a 200-day moving average price of C$0.06.

About Voyageur Pharmaceuticals

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.