Voyageur Pharmaceuticals (CVE:VM) Trading 21.2% Higher – Here’s What Happened

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) rose 21.2% during trading on Friday . The company traded as high as C$0.21 and last traded at C$0.20. Approximately 292,294 shares traded hands 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 Stock Down 10.0 %

The company’s 50-day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.08. The firm has a market capitalization of C$25.10 million, a P/E ratio of -18.00 and a beta of 0.32. The company has a debt-to-equity ratio of 3.21, a current ratio of 0.17 and a quick ratio of 0.84.

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.

Further Reading

Receive News & Ratings for Voyageur Pharmaceuticals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Voyageur Pharmaceuticals and related companies with MarketBeat.com's FREE daily email newsletter.