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Mindset Pharma CNSX:MSET Stock Report

Last Price

CA$0.74

Market Cap

CA$75.0m

7D

-1.3%

1Y

76.2%

Updated

28 Oct, 2023

Data

Company Financials +

MSET Stock Overview

Mindset Pharma Inc. develops and sells psychedelic medicines to treat neurological and psychiatric disorders in Canada. More details

MSET fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health2/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Mindset Pharma Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mindset Pharma
Historical stock prices
Current Share PriceCA$0.74
52 Week HighCA$0.75
52 Week LowCA$0.22
Beta-0.098
1 Month Change1.37%
3 Month Change45.10%
1 Year Change76.19%
3 Year Changen/a
5 Year Changen/a
Change since IPO-26.00%

Recent News & Updates

Is Mindset Pharma (CSE:MSET) In A Good Position To Deliver On Growth Plans?

Jun 02
Is Mindset Pharma (CSE:MSET) In A Good Position To Deliver On Growth Plans?

Recent updates

Is Mindset Pharma (CSE:MSET) In A Good Position To Deliver On Growth Plans?

Jun 02
Is Mindset Pharma (CSE:MSET) In A Good Position To Deliver On Growth Plans?

Companies Like Mindset Pharma (CSE:MSET) Can Afford To Invest In Growth

Sep 18
Companies Like Mindset Pharma (CSE:MSET) Can Afford To Invest In Growth

We're Interested To See How Mindset Pharma (CSE:MSET) Uses Its Cash Hoard To Grow

Jun 05
We're Interested To See How Mindset Pharma (CSE:MSET) Uses Its Cash Hoard To Grow

Shareholder Returns

MSETCA PharmaceuticalsCA Market
7D-1.3%1.7%-1.4%
1Y76.2%-27.5%15.9%

Return vs Industry: MSET exceeded the Canadian Pharmaceuticals industry which returned -29.5% over the past year.

Return vs Market: MSET exceeded the Canadian Market which returned -0.7% over the past year.

Price Volatility

Is MSET's price volatile compared to industry and market?
MSET volatility
MSET Average Weekly Movement6.6%
Pharmaceuticals Industry Average Movement12.0%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: MSET's share price has been volatile over the past 3 months.

Volatility Over Time: MSET's weekly volatility has decreased from 13% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aJames Lanthierwww.mindsetpharma.com

Mindset Pharma Inc. develops and sells psychedelic medicines to treat neurological and psychiatric disorders in Canada. It focuses on developing MSP-1014, a psychedelic drug candidate. The company is based in Toronto, Canada.

Mindset Pharma Inc. Fundamentals Summary

How do Mindset Pharma's earnings and revenue compare to its market cap?
MSET fundamental statistics
Market capCA$74.96m
Earnings (TTM)-CA$6.11m
Revenue (TTM)CA$7.75m

9.7x

P/S Ratio

-12.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MSET income statement (TTM)
RevenueCA$7.75m
Cost of RevenueCA$0
Gross ProfitCA$7.75m
Other ExpensesCA$13.86m
Earnings-CA$6.11m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.06
Gross Margin100.00%
Net Profit Margin-78.82%
Debt/Equity Ratio0%

How did MSET perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/28 16:13
End of Day Share Price 2023/10/26 00:00
Earnings2023/03/31
Annual Earnings2022/06/30

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 here.

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 .

Analyst Sources

Mindset Pharma Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stefan QuennevilleEchelon Wealth Partners Inc.
Patrick TrucchioH.C. Wainwright & Co.