Mind Medicine (MindMed) Inc. , a clinical stage biopharmaceutical company, develops novel products to treat brain health disorders related to psychiatry, addiction, pain, and neurology.
Mind Medicine stock last closed at $3.66, down 3.17% from the previous day, and has decreased 71.37% in one year. It has underperformed other stocks in the Biotechnology industry by 0.58 percentage points. Mind Medicine stock is currently +72.64% from its 52-week low of $2.12, and -81.65% from its 52-week high of $19.95.
As of Jun 9, 2023, there are 38.6M shares of MNMD outstanding. The market value of MNMD is $141.26M. In the last 24 hours, 327,798 MNMD shares were traded.
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Once you have chosen the best place to buy Mind Medicine stock, it's important to analyze their stock before you invest, so you can wrap your head around the risk and upside.
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You can see all of the due diligence checks on MNMD's stock page.
You can use a variety of different financial metrics, analyses, models, and charts to gauge MNMD's fair value.
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You can access more valuation analysis on MNMD's stock here.
Out of 5 sell side analysts who monitor MNMD, the consensus analyst rating on MNMD is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Charles Duncan, a top 2% analyst from Cantor Fitzgerald reiterates MNMD with a strong buy rating and maintains their MNMD price target from $7.00 to $7.00, on May 18, 2023.
Elemer Piros, a bottom 5% analyst from EF Hutton reiterates MNMD with a strong buy rating and maintains their MNMD price target from $21.00 to $21.00, on May 18, 2023.
Patrick Trucchio, a bottom 1% analyst from HC Wainwright & Co. reiterates MNMD with a buy rating and maintains their MNMD price target from $75.00 to $75.00, on May 9, 2023.
Francois Brisebois, a bottom 3% analyst from Oppenheimer reiterates MNMD with a buy rating and maintains their MNMD price target from $22.00 to $22.00, on Apr 14, 2023.
Brian Abrahams, a top 1% analyst from RBC Capital reiterates MNMD with a buy rating and maintains their MNMD price target from $5.00 to $5.00, on Mar 10, 2023.
You can dive deeper into what analysts are forecasting on the Mind Medicine stock forecast page.
In the past 12 months, insiders at MNMD have sold more shares than they have bought.
Robert Barrow, Chief Executive Officer of MNMD, was the latest MNMD insider to sell. They sold $29,038.23 worth of MNMD stock on Mar 1, 2023.
Dig into more about who owns MNMD shares here.
No, Mind Medicine doesn't provide an income stream by paying out dividends.
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