Voyageur Pharmaceuticals (CVE:VM) Shares Down 31.3% – Here’s What Happened

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s stock price dropped 31.3% on Thursday . The company traded as low as C$0.14 and last traded at C$0.17. Approximately 1,643,425 shares changed hands during mid-day trading, an increase of 198% from the average daily volume of 550,572 shares. The stock had previously closed at C$0.24.

Voyageur Pharmaceuticals Stock Performance

The company has a current ratio of 0.17, a quick ratio of 0.84 and a debt-to-equity ratio of 3.21. The company’s 50 day moving average is C$0.10 and its 200-day moving average is C$0.07. The company has a market capitalization of C$23.01 million, a P/E ratio of -16.50 and a beta of 0.32.

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.

Further Reading

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