Profitability
This table compares Clearmind Medicine and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Clearmind Medicine | N/A | -129.21% | -61.15% |
Clearmind Medicine Competitors | -3,409.82% | -236.05% | -32.89% |
Insider & Institutional Ownership
96.1% of Clearmind Medicine shares are held by institutional investors. Comparatively, 44.1% of shares of all “Pharmaceutical preparations” companies are held by institutional investors. 13.7% of shares of all “Pharmaceutical preparations” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Valuation and Earnings
This table compares Clearmind Medicine and its peers top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Clearmind Medicine | N/A | -$5.26 million | -0.66 |
Clearmind Medicine Competitors | $9.20 billion | $138.93 million | -7.44 |
Volatility and Risk
Clearmind Medicine has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500. Comparatively, Clearmind Medicine’s peers have a beta of 3.67, suggesting that their average stock price is 267% more volatile than the S&P 500.
Summary
Clearmind Medicine peers beat Clearmind Medicine on 5 of the 9 factors compared.
About Clearmind Medicine
Clearmind Medicine Inc., a clinical pharmaceutical company, develops novel psychedelic medicines to treat under-served health problems in Canada and internationally. It develops treatments for alcohol use disorders, mental health disorder, binge drinking, obesity and metabolic disorder, and eating disorders, as well as depression, binge eating, psychotherapy, and other addiction and binge behaviors. The company also develops MEAI compound which is in IND-enabling study for the treatment of alcohol use disorder; and is in pre-clinical study for treatment of obesity, weight loss, metabolic disorder, and addiction. In addition, it has a collaboration with SciSparc Ltd. to conduct a study evaluating the companies combination treatment for obesity and metabolic syndrome; and with Yissum Research Development Company of the Hebrew University of Jerusalem for the discovery and development of novel psychedelic-derived therapeutics to treat mental disorders. The company was formerly known as Cyntar Ventures Inc. and changed its name to Clearmind Medicine Inc. in March 2021. Clearmind Medicine Inc. was incorporated in 2017 and is based in Vancouver, Canada.
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