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

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shares rose 21.2% during trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.20. Approximately 292,294 shares were traded during mid-day 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 Stock 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 business has a fifty day simple moving average of C$0.10 and a 200-day simple moving average of C$0.07. The firm has a market cap of C$27.89 million, a P/E ratio of -20.00 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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