Voyageur Pharmaceuticals (CVE:VM) Shares Up 21.2% – Time to Buy?

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

Voyageur Pharmaceuticals Trading Up 21.2 %

The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.84 and a current ratio of 0.17. The firm has a market cap of C$27.89 million, a P/E ratio of -20.00 and a beta of 0.32. The firm has a 50 day simple moving average of C$0.10 and a 200 day simple moving average of C$0.07.

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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