Voyageur Pharmaceuticals (CVE:VM) Trading Up 50% – Should You Buy?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s share price shot up 50% on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 1,942,446 shares changed hands during mid-day trading, an increase of 1,795% from the average session volume of 102,479 shares. The stock had previously closed at C$0.07.

Voyageur Pharmaceuticals Stock Performance

The company has a debt-to-equity ratio of 3.21, a current ratio of 0.17 and a quick ratio of 0.84. The company has a market cap of C$13.95 million, a price-to-earnings ratio of -10.00 and a beta of 0.32. The firm has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of C$0.06.

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.

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