Shares of Voyageur Pharmaceuticals Ltd. (CVE:VM – Get Free Report) shot up 28.6% during mid-day trading on Monday . The stock traded as high as C$0.21 and last traded at C$0.18. 1,188,155 shares traded hands during mid-day trading, an increase of 253% from the average session volume of 336,778 shares. The stock had previously closed at C$0.14.
Voyageur Pharmaceuticals Price Performance
The stock’s 50-day simple moving average is C$0.08 and its 200 day simple moving average is C$0.06. 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 firm has a market cap of C$18.83 million, a P/E ratio of -13.50 and a beta of 0.32.
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.
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