Shares of Voyageur Pharmaceuticals Ltd. (CVE:VM – Get Free Report) were down 11.5% during mid-day trading on Saturday . The stock traded as low as C$0.27 and last traded at C$0.27. Approximately 407,425 shares changed hands during trading, an increase of 105% from the average daily volume of 198,342 shares. The stock had previously closed at C$0.31.
Voyageur Pharmaceuticals Stock Performance
The company’s fifty day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.17. The company has a market capitalization of C$40.91 million, a price-to-earnings ratio of -25.25 and a beta of 0.32. The company has a debt-to-equity ratio of 4.23, a quick ratio of 0.84 and a current ratio of 0.10.
About Voyageur Pharmaceuticals
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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