Voyageur Pharmaceuticals (CVE:VM) Shares Up 50% – Here’s What Happened

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) rose 50% during trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 1,942,446 shares were traded during trading, an increase of 1,795% from the average daily volume of 102,479 shares. The stock had previously closed at C$0.07.

Voyageur Pharmaceuticals Price Performance

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$13.95 million, a PE ratio of -10.00 and a beta of 0.32. The stock’s 50-day moving average is C$0.07 and its 200 day moving average is C$0.06.

Voyageur Pharmaceuticals Company Profile

(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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