Voyageur Pharmaceuticals (CVE:VM) Stock Price Up 17.6% – Here’s Why

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s share price was up 17.6% during trading on Monday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 134,500 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 256,409 shares. The stock had previously closed at C$0.17.

Voyageur Pharmaceuticals Stock Performance

The company has a debt-to-equity ratio of 4.23, a current ratio of 0.10 and a quick ratio of 0.84. The business has a 50 day moving average price of C$0.16 and a 200 day moving average price of C$0.10. The stock has a market capitalization of C$27.27 million, a PE ratio of -16.84 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.

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