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CMND

Clearmind Medicine Inc. (CMND)

$

1.04

-0.04 (-3.85%)


Key metrics

Financial statements

Free cash flow per share

Free cash flow per share

-1.0405

Market cap

Market cap

5.5 Million

Price to sales ratio

Price to sales ratio

0

Debt to equity

Debt to equity

0.0161

Current ratio

Current ratio

1.7224

Income quality

Income quality

0.9419

Average inventory

Average inventory

0

ROE

ROE

-1.4087



Technology

Technology

Technology – consumer electronics

Largecap

Largecap

With a market cap of 121,78 bil stock is ranked 1

Low risk

Low risk

ISS score of this stock is ranked 1


Company description

Profile

Clearmind Medicine Inc. is a pre-clinical pharmaceutical company that focuses on developing innovative psychedelic medicines aimed at addressing under-served health issues. With a commitment to creating treatments for alcohol use disorders, including binge drinking and eating disorders, as well as depression, psychotherapy, mental health challenges, and other binge tendencies, the company is positioned to make a significant impact in the health sector. As of the present period, the cost of revenue for the company is $26,703.00 showcasing its production and operational expenses, while the total costs and expenses amount to $2,572,563.00 reflecting its overall spending. The company also earned an interest income of $271,224.00 highlighting its financial investments. In terms of asset valuation, Clearmind Medicine Inc. reported depreciation and amortization expenses of $51,072.00 which accounts for the wear and tear of its assets. Furthermore, the company's stock is identified with the symbol '$CMND' in the market, making it recognizable to investors and market analysts. Currently, the stock is affordable at $1.04 making it suitable for budget-conscious investors looking for entry points in the market. However, it is essential to note that the stock has a low average trading volume of 111,628.00 indicating lower market activity, which can affect liquidity. With a market capitalization of $5,314,502.00 the company is classified as a small-cap player in the industry. It is a key player in the Biotechnology industry, contributing significantly to the overall market landscape and addressing critical health needs. Additionally, it belongs to the Healthcare sector, which drives innovation and growth within its niche. Clearmind Medicine Inc. continues to explore new avenues for development, which could lead to advancements in treatments and potentially transformative healthcare solutions for patients facing mental health and substance use challenges.

What is Clearmind Medicine Inc. (CMND)'s current stock price?

The current stock price of Clearmind Medicine Inc. (CMND) is $1.03 as of 2025-04-01. Prices may fluctuate during the trading day. For real-time updates, check your brokerage platform or financial news websites.

Analysts predict Clearmind Medicine Inc. stock to fluctuate between $0.95 (low) and $2.30 (high) in the next 365 days, reflecting market expectations and potential volatility.

As of 2025-04-01, Clearmind Medicine Inc.'s market cap is $5,314,502, based on 5,134,785 outstanding shares.

Compared to Meta Platforms, Inc. Class A Common Stock, Clearmind Medicine Inc. has a Lower Market-Cap, indicating a difference in performance.

To buy Clearmind Medicine Inc. (CMND) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for CMND. Place an order (Market, Limit, etc.).

The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.

Revenue: $0 | EPS: -$1.70 | Growth: -96.02%.

Visit https://www.clearmindmedicine.com/investor-relations for detailed financial reports.

You can explore historical data from here

All-time high: $183 (2022-11-15) | All-time low: $0.92 (2024-01-23).

Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.


News

CMND

globenewswire.com

Clearmind Medicine's FDA-Approved Clinical Trial for CMND-100 Moves Forward as Drug Arrives in the U.S., Advancing Toward Key Milestones

Vancouver, Canada, March 21, 2025 (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 today that its innovative drug candidate, CMND-100, has arrived in the United States following successful manufacturing. This marks a key milestone as the Company prepares to initiate its FDA-approved Phase I/IIa clinical trial for the treatment of Alcohol Use Disorder (AUD), a condition affecting over 28 million adults in the U.S. alone.

CMND

globenewswire.com

Clearmind to Evaluate Intranasal Delivery of Its Psychedelic Drug Combination

Aiming to improve bioavailability and optimize the therapeutic effect of Clearmind's psychedelic-based treatments Vancouver, Canada, March 19, 2025 (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 today that it has signed a non-binding Letter of Intent (LOI) with Polyrizon Ltd. (Nasdaq: PLRZ) (“Polyrizon”), a development stage biotech company specializing in the development of innovative intranasal hydrogels, to develop a novel intranasal formulation for its psychedelic-based treatment applications.

CMND

globenewswire.com

Clearmind Medicine Announces Initiation of First in Human Clinical Trial with CMND-100 in Alcohol Use Disorder Patients

Study represents the first clinical application of CMND-100, the Company's proprietary drug platform Vancouver, Canada, March 18, 2025 (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 today that it initiated its Phase I/IIa clinical trial investigating the safety, tolerability and full pharmacokinetic profile of its innovative treatment, CMND-100, in Alcohol Use Disorder (AUD) patients. This study is the first clinical application of the Company's proprietary CMND-100 platform and marks a significant milestone in the Company's mission to provide innovative solutions for addictions, weight loss and mental health disorders.

CMND

thenewswire.com

Impact Acquisition Enters Into Definitive Agreement to Complete Qualifying Transaction with Jeffs Brands and Fort Products

February 6, 2025 – TheNewswire - Vancouver, British Columbia – Impact Acquisition Corp. (TSXV: IMPC.P) (“ Impact ”, the “ Company ” or the “ Resulting Issuer ”) is pleased to announce that further to its press release on January 3, 2025, the Company, Jeffs' Brands Ltd, a corporation incorporated under the laws of the State of Israel and listed on the NASDAQ under the trading symbol “JFBR” (“ Jeffs Brands ” or “ JFBR ”), and Jeffs Brands' wholly owned subsidiary, Fort Products Limited (the “ Target ” or “ Fort Products ”) has entered into a definitive agreement dated February 6, 2025 (the “ Definitive Agreement ”), in respect of an arm's length share sale transaction involving the Target Shares (as defined below) (the “ Proposed Transaction ”), which will result in the reverse takeover of the Company by Jeffs Brands. The Proposed Transaction is expected to constitute the Company's “Qualifying Transaction” as such term is defined in policies of the TSX Venture Exchange (the “ Exchange ”). The Proposed Transaction

CMND

globenewswire.com

Clearmind Medicine Announces Publication of Patent for Binge Behavior Psychedelic Combination Treatment in Mexico

Vancouver, Canada, Feb. 04, 2025 (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 today a patent publication by the Instituto Mexicano de la Propriedad Industrial (IMPI), the National Mexico Patent Office. The patent refers to the Company's innovative combination therapy of MEAI and N-Acylethanolamines, addressing binge behavior, including alcohol consumption, eating, tobacco consumption, shopping and sexual conduct.

CMND

globenewswire.com

Clearmind Medicine Announces Shareholders Meeting Results

Vancouver, Canada, Jan. 07, 2025 (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, is pleased to announce that all of the matters put forward before shareholders for consideration and approval at its meeting held on January 6, 2025 (the “Meeting”), as set out in the Company's Management Information Circular dated December 1, 2024, were approved by the requisite majority of votes cast at the Meeting, including a resolution fixing the board of directors at five members, the election of directors of the Company for the ensuing year, to appoint Brightman Almagor Zohar & Co., a firm in the Deloitte Global Network, as auditor of the Company, a resolution to establish and approve an omnibus equity incentive plan and a resolution allowing the directors, if they deem such an action to be in the best interest of shareholders, effect a consolidation (the “Consolidation”) of the common shares in the capital of the Company (the “Shares”) on the basis of fifty (50) pre-Consolidation Shares for one (1) post-Consolidation Share, or such other lesser consolidation ratio as determined by the Company's board of directors.

CMND

globenewswire.com

Clearmind Medicine Announces the Publication of European Patent Application for Binge Behavior Psychedelic Combination Treatment

Vancouver, Canada, Jan. 06, 2025 (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 publication of a European patent application with the European Patent office for its innovative combination therapy of MEAI and N-Acylethanolamines, addressing binge behavior, including alcohol consumption, eating, tobacco consumption, shopping and sexual conduct.

CMND

globenewswire.com

Clearmind Medicine Granted Patent for Binge Behavior Treatment by the Macau International Intellectual Property Office

Vancouver, Canada, Jan. 02, 2025 (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 advancement in its proprietary MEAI- based binge behavior regulator program through the granting of patent approval from the Macau International Intellectual Property Office.

CMND

globenewswire.com

Clearmind Medicine Looks to Move Forward with its Novel Psychedelic MEAI- Based Alcohol Substitute

Company recently signed a non-binding term sheet with Dr Glitter Pty Ltd for mutual development in ActivCrystal™ Format

CMND

globenewswire.com

Clearmind Medicine Receives IRB Approval for its FDA-Regulated Clinical Trial

Vancouver, Canada, Dec. 24, 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 for its Phase I/IIa clinical trial of CMND-100, targeting alcohol use disorder (AUD).

See all news

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