Voyageur Pharmaceuticals (CVE:VM) Trading Up 21.2% – Here’s Why

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) were up 21.2% on Friday . The company traded as high as C$0.21 and last traded at C$0.20. Approximately 292,294 shares were traded during trading, a decline of 46% from the average daily volume of 538,273 shares. The stock had previously closed at C$0.17.

Voyageur Pharmaceuticals Trading Up 21.2 %

The firm’s 50 day simple moving average is C$0.10 and its 200-day simple moving average is C$0.07. The company has a market capitalization of C$27.89 million, a PE ratio of -20.00 and a beta of 0.32. The company has a quick ratio of 0.84, a current ratio of 0.17 and a debt-to-equity ratio of 3.21.

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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