Voyageur Pharmaceuticals (CVE:VM) Shares Up 21.2% – Still a Buy?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) shot up 21.2% on Thursday . The stock traded as high as C$0.21 and last traded at C$0.20. 283,894 shares changed hands during trading, a decline of 47% from the average session volume of 537,850 shares. The stock had previously closed at C$0.17.

Voyageur Pharmaceuticals Price Performance

The stock has a fifty day moving average of C$0.10 and a 200-day moving average of C$0.07. The firm has a market capitalization of C$27.89 million, a P/E ratio of -20.00 and a beta of 0.32. The company has a quick ratio of 0.84, a current ratio of 0.17 and a debt-to-equity ratio of 3.21.

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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