Voyageur Pharmaceuticals (CVE:VM) Trading Up 47.4% – Here’s Why

Voyageur Pharmaceuticals Ltd. (CVE:VM)’s share price was up 47.4% during trading on Saturday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 1,312,210 shares were traded during mid-day trading, an increase of 427% from the average daily volume of 249,010 shares. The stock had previously closed at C$0.10.

Voyageur Pharmaceuticals Trading Up 47.4 %

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 company has a market capitalization of C$19.53 million, a P/E ratio of -14.00 and a beta of 0.32. The stock has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.06.

Voyageur Pharmaceuticals Company Profile

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.