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Voyageur Pharmaceuticals (CVE:VM) Shares Up 23.6% - Time to Buy?

Voyageur Pharmaceuticals logo with Medical background

Voyageur Pharmaceuticals Ltd. (CVE:VM - Get Free Report)'s stock price shot up 23.6% during trading on Friday . The stock traded as high as C$0.36 and last traded at C$0.34. 681,632 shares were traded during trading, an increase of 253% from the average session volume of 192,957 shares. The stock had previously closed at C$0.28.

Voyageur Pharmaceuticals Stock Performance

The stock's 50 day moving average is C$0.19 and its two-hundred day moving average is C$0.16. The firm has a market capitalization of C$50.76 million, a P/E ratio of -31.33 and a beta of 0.32. The company has a debt-to-equity ratio of 4.23, a current ratio of 0.10 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.

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