Zomedica Pharmaceuticals (CVE:ZOM) Trading 69.2% Higher

Zomedica Pharmaceuticals Corp (CVE:ZOM) traded up 69.2% on Thursday . The stock traded as high as C$0.55 and last traded at C$0.55. 116,904 shares were traded during trading, an increase of 995% from the average session volume of 10,672 shares. The stock had previously closed at C$0.33.

Separately, HC Wainwright reiterated a “buy” rating on shares of Zomedica Pharmaceuticals in a research report on Wednesday, June 5th.

The stock has a market cap of $46.46 million and a price-to-earnings ratio of -1.15.

Zomedica Pharmaceuticals (CVE:ZOM) last announced its quarterly earnings results on Friday, May 10th. The company reported C($0.16) earnings per share for the quarter.

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Zomedica Pharmaceuticals Company Profile (CVE:ZOM)

Zomedica Pharmaceuticals Corp., a development stage veterinary diagnostic and pharmaceutical company, engages in the discovery, development, and commercialization of pharmaceuticals for the companion pet. Its lead drug product candidate is ZM-007, an oral suspension formulation of metronidazole for the treatment of acute diarrhea in small dog breeds and puppies.

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