Voyageur Pharmaceuticals (CVE:VM) Trading 36.8% Higher – Time to Buy?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shares were up 36.8% on Friday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 929,313 shares changed hands during trading, an increase of 383% from the average daily volume of 192,453 shares. The stock had previously closed at C$0.10.

Voyageur Pharmaceuticals Stock Performance

The company has a market capitalization of C$19.53 million, a PE ratio of -14.00 and a beta of 0.32. The firm’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 current ratio of 0.17, a quick ratio of 0.84 and a debt-to-equity ratio of 3.21.

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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