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Bright Minds Biosciences Inc.CNSX:DRUG Stock Report

Market Cap CA$982.5m
Share Price
n/a
1Y118.2%
7D-2.6%
1D1.5%
Portfolio Value
View

Bright Minds Biosciences Inc.

CNSX:DRUG Stock Report

Market Cap: CA$982.5m

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Bright Minds Biosciences Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bright Minds Biosciences
Historical stock prices
Current Share PriceCA$101.62
52 Week HighCA$170.00
52 Week LowCA$44.69
Beta0.095
1 Month Change13.43%
3 Month Change-14.93%
1 Year Change118.21%
3 Year Change1,761.17%
5 Year Change247.42%
Change since IPO143.40%

Recent News & Updates

Analysis Article Jun 30

We're Not Very Worried About Bright Minds Biosciences' (CSE:DRUG) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Bright Minds...

Recent updates

Analysis Article Jun 30

We're Not Very Worried About Bright Minds Biosciences' (CSE:DRUG) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Bright Minds...
Analysis Article Dec 04

An Intrinsic Calculation For Bright Minds Biosciences Inc. (CSE:DRUG) Suggests It's 44% Undervalued

Key Insights Bright Minds Biosciences' estimated fair value is CA$182 based on 2 Stage Free Cash Flow to Equity Bright...
Analysis Article May 01

We Think Bright Minds Biosciences (CSE:DRUG) Can Easily Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. Indeed, Bright Minds Biosciences...
Analysis Article Oct 16

Companies Like Bright Minds Biosciences (CSE:DRUG) Can Afford To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Bright Minds...
Analysis Article Aug 19

Here's Why Bright Minds Biosciences (CSE:DRUG) Must Use Its Cash Wisely

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article Mar 07

We Think Bright Minds Biosciences (CSE:DRUG) Needs To Drive Business Growth Carefully

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article Nov 04

We're Hopeful That Bright Minds Biosciences (CSE:DRUG) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

DRUGCA BiotechsCA Market
7D-2.6%0.1%1.6%
1Y118.2%21.4%29.5%

Return vs Industry: DRUG exceeded the Canadian Biotechs industry which returned 17.6% over the past year.

Return vs Market: DRUG exceeded the Canadian Market which returned 28.2% over the past year.

Price Volatility

Is DRUG's price volatile compared to industry and market?
DRUG volatility
DRUG Average Weekly Movement10.4%
Biotechs Industry Average Movement10.4%
Market Average Movement9.4%
10% most volatile stocks in CA Market16.3%
10% least volatile stocks in CA Market3.6%

Stable Share Price: DRUG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: DRUG's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201726Ian McDonaldbrightmindsbio.com

Bright Minds Biosciences Inc., a biotechnology company, develops therapeutics to improve the lives of patients with severe and life-altering diseases in the United States. Its portfolio includes 5-HT2 Receptors, which are serotonin agonists for epilepsy and neuropsychiatric disorders; and BMB-101, which has completed phase 1 trial for undisclosed seizure disorder and is in phase 2 clinical trials for the developmental and epileptic encephalopathies and absence epilepsies. The company also develops BMB-201 and BMB-202 for the treatment of neuropsychiatric and neurology indications; and BMB-105, a 5-HT2C agonist to treat Prader Willi Syndrome.

Bright Minds Biosciences Inc. Fundamentals Summary

How do Bright Minds Biosciences's earnings and revenue compare to its market cap?
DRUG fundamental statistics
Market capCA$982.48m
Earnings (TTM)-CA$27.35m
Revenue (TTM)n/a
0.0x
P/S Ratio
-36.5x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DRUG income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$27.35m
Earnings-CA$27.35m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-2.79
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did DRUG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/27 09:11
End of Day Share Price 2026/07/27 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bright Minds Biosciences Inc. is covered by 10 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullBaird
Charles MooreBaird
Joel BeattyBaird