Voyageur Pharmaceuticals (CVE:VM) Trading Down 10.7% – What’s Next?

Shares of Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report) were down 10.7% during trading on Monday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 252,156 shares were traded during trading, an increase of 149% from the average daily volume of 101,128 shares. The stock had previously closed at C$0.14.

Voyageur Pharmaceuticals Price Performance

The company has a quick ratio of 0.84, a current ratio of 0.18 and a debt-to-equity ratio of 6.05. The stock has a market cap of C$22.43 million, a PE ratio of -12.50 and a beta of 0.78. The firm has a fifty day moving average of C$0.10 and a 200 day moving average of C$0.13.

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. and changed its name to Voyageur Pharmaceuticals Ltd. in December 2019. Voyageur Pharmaceuticals Ltd. was founded in 2017 and is headquartered in Calgary, Canada.

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