Voyageur Pharmaceuticals (CVE:VM) Shares Up 50% – Here’s What Happened

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s stock price shot up 50% during mid-day trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 1,942,446 shares traded hands during 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 Up 50.0 %

The company has a quick ratio of 0.84, a current ratio of 0.17 and a debt-to-equity ratio of 3.21. The company has a market cap of C$14.64 million, a PE ratio of -10.50 and a beta of 0.32. The firm’s fifty day simple moving average is C$0.07 and its 200-day simple moving average is 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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