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Healthcare - Biotechnology - NASDAQ - CA
$ 1.34
-9.46 %
$ 5.44 M
Market Cap
-1.09
P/E
1. INTRINSIC VALUE

Clearmind Medicine Inc., a pre-clinical pharmaceutical company, develops novel psychedelic medicines to treat under-served health problems. It develops treatments for alcohol use disorders, including binge drinking and eating disorders, as well as depression, binge eating, psychotherapy, mental health issues, and other binge behaviors. 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.[ Read More ]

The intrinsic value of one CMND stock under the base case scenario is HIDDEN Compared to the current market price of 1.34 USD, Clearmind Medicine Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CMND

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FINANCIALS
0 REVENUE
0.00%
-8.74 M OPERATING INCOME
-2.45%
-6.23 M NET INCOME
33.76%
-4.56 M OPERATING CASH FLOW
10.37%
-19 K INVESTING CASH FLOW
-149.77%
8.43 M FINANCING CASH FLOW
1107.67%
0 REVENUE
0.00%
-1.47 M OPERATING INCOME
13.54%
-2.09 M NET INCOME
-130.55%
-1.13 M OPERATING CASH FLOW
5.54%
33.8 K INVESTING CASH FLOW
31177.39%
470 K FINANCING CASH FLOW
223.53%
Balance Sheet Decomposition Clearmind Medicine Inc.
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Current Assets 4.21 M
Cash & Short-Term Investments 4.01 M
Receivables 0
Other Current Assets 204 K
Non-Current Assets 115 K
Long-Term Investments 284
PP&E 1.25 K
Other Non-Current Assets 114 K
Current Liabilities 3.61 M
Accounts Payable 448 K
Short-Term Debt 0
Other Current Liabilities 3.16 M
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Clearmind Medicine Inc.
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Revenue 0
Cost Of Revenue 56.3 K
Gross Profit -56.3 K
Operating Expenses 8.74 M
Operating Income -8.74 M
Other Expenses -2.51 M
Net Income -6.23 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-876.57% ROE
-876.57%
-276.46% ROA
-276.46%
-642.23% ROIC
-642.23%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Clearmind Medicine Inc.
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Net Income -6.23 M
Depreciation & Amortization 41.6 K
Capital Expenditures 0
Stock-Based Compensation 508
Change in Working Capital -704 K
Others 2.07 M
Free Cash Flow -4.56 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Clearmind Medicine Inc.
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CMND has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Clearmind Medicine Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Clearmind Medicine Announces IRB Approval for FDA First-In-Human Clinical Trial of CMND-100 at Second Clinical Site FDA approval for the IND submission to conduct its trial already secured Vancouver, Canada, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the "Company"), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, today announced it has received Institutional Review Board (IRB) approval from one of its clinical sites in the U.S. for part A of its Phase I/IIa clinical trial in the United States for treating patients suffering from alcohol use disorder (AUD). The multinational, multi-center trial will assess the safety, tolerability, and pharmacokinetics of Clearmind's innovative MEAI-based (5-methoxy-2-aminoindane) treatment, CMND-100. globenewswire.com - 1 month ago
Clearmind Medicine Announces the Notice of an International Patent Application for Pioneering Ibogaine Combination Therapy Innovative drug treatment developed in collaboration with SciSparc aims to enhance safety and efficacy in mental health and addiction care globenewswire.com - 2 months ago
Clearmind Medicine and Yissum File International Patent Application for Revolutionary Psychedelic Compounds for PTSD Treatment Innovative compounds designed to address critical unmet needs in PTSD treatment Vancouver, Canada, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the "Company"), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, today announced the submission of a patent application under the International Patent Cooperation Treaty (“PCT”). globenewswire.com - 2 months ago
Clearmind Medicine Announces Publication of International Patent Application for Innovative MDMA-Based Combination Treatment Pioneering Therapeutic Approach Aims to Enhance Safety and Efficacy in Mental Health and Addiction Treatments globenewswire.com - 2 months ago
Clearmind Medicine Announces Publication of its Patent Application for Innovative Ketamine-Based Combination Treatment Vancouver, Canada, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the "Company"), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, announced the publication of its patent application under the international Patent Cooperation Treaty (“PCT”) for innovative combinations of Ketamine and N-Acylethanolamines. globenewswire.com - 2 months ago
Clearmind Medicine Granted U.S. Patent Approval for Binge Behavior Treatment Vancouver, Canada, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the "Company"), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, today announced that it has received a new patent approval from the United States Patent and Trademark Office, marking another significant advancement in its proprietary MEAI-based binge behavior regulator program. globenewswire.com - 2 months ago
Clearmind Medicine and Yissum Expand Collaboration with International Patent Application for Generation 3.0 Psychedelic Compounds to Treat Mental Disorders Vancouver, Canada, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the "company"), a biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, today announced the submission of a patent application under the international Patent Cooperation Treaty (“PCT”) as part of the company's ongoing collaboration with the with Yissum Research Development Company of the Hebrew University of Jerusalem (“Yissum”) pursuant to the exclusive licensing agreement that the Company entered into with Yissum. globenewswire.com - 3 months ago
Clearmind Medicine: New Scientific Publication Shows MEAI's Potential as a Novel Weight Loss Drug Vancouver, Canada, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the "Company"), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, today announced that a new article published by Baraghithy et al, revealed promising results from a recent study on 5-methoxy-2-aminoindane (MEAI) for combating obesity. The study was meticulously conducted by a team of experts led by Prof. Joseph Tam, head of the Obesity and Metabolism Laboratory at the School of Pharmacy in the Hebrew University of Jerusalem. globenewswire.com - 3 months ago
Clearmind Medicine Signs an Agreement to Source Manufacturers and Distributors for its Alcohol Substitute Beverage Product Vancouver, Canada, July 19, 2024 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the "Company"), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, has announced a strategic engagement with JS First Sdn. Bhd (“JS First”). This partnership aims to source global manufacturers and distributors for Clearmind's groundbreaking MEAI-based alcohol substitute beverages, marking a significant step towards international expansion. globenewswire.com - 3 months ago
Clearmind Medicine Obtains IND Approval from the FDA to Start the Phase I/IIa Clinical Trial with its Innovative Treatment for Alcoholism Vancouver, Canada, July 16, 2024 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the "Company"), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, today announced that  the U.S. Food and Drug Administration (FDA) has cleared the Company's Investigational New Drug (IND) application for its proprietary MEAI-based (5-methoxy-2-aminoindane) CMND-100 oral capsule, allowing the Company to proceed with a Phase I/IIa clinical trial in the United States for treating patients with alcohol use disorder (AUD). While the Phase I/IIa clinical trial was already approved in Israel, clearance from the FDA will allow the trial to be initiated in the US. globenewswire.com - 4 months ago
Clearmind Medicine Announces Submission of US Patent Application for Treating Metabolic Syndrome and Weight-loss Vancouver, Canada, July 16, 2024 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the "Company"), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, announced that it has submitted an additional patent application with the United States Patent and Trademark Office (“USPTO”), as part of its ongoing collaborations with SciSparc Ltd. (Nasdaq: SPRC) (“SciSparc”), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system, and with invented with Prof. Joseph Tam from the Hebrew University's technology transfer company, Yissum. globenewswire.com - 4 months ago
Clearmind Medicine to Present Groundbreaking Research at Psychedelic Medicine – Israel 2024 Conference Vancouver, Canada, July 12, 2024 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the "Company"), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, announces its participation in the upcoming Psychedelic Medicine – Israel 2024 conference. This event will take place in Tel Aviv, Israel from July 28th to 30th, bringing together leading experts and researchers from around the world in the field of psychedelic medicine. globenewswire.com - 4 months ago
8. Profile Summary

Clearmind Medicine Inc. CMND

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COUNTRY CA
INDUSTRY Biotechnology
MARKET CAP $ 5.44 M
Dividend Yield 0.00%
Description Clearmind Medicine Inc., a pre-clinical pharmaceutical company, develops novel psychedelic medicines to treat under-served health problems. It develops treatments for alcohol use disorders, including binge drinking and eating disorders, as well as depression, binge eating, psychotherapy, mental health issues, and other binge behaviors. 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.
Contact 1220 West 6th Avenue, Vancouver, BC, V6H 1A5 https://www.clearmindmedicine.com
IPO Date Nov. 15, 2022
Employees 4
Officers Dr. Adi Zuloff-Shani Ph.D. Chief Executive Officer Mr. Gilad Babchuk Head of Strategy & Communication Prof. Mark Haden M.S.W. Vice President of Business Development