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NASDAQ: MIRA
Mira Pharmaceuticals Inc Stock

$0.59-0.01 (-1.67%)
Updated Jul 12, 2024
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Why Price Moved
MIRA Price
$0.59
Fair Value Price
$0.25
Market Cap
$8.71M
52 Week Low
$0.51
52 Week High
$7.98
P/E
-0.88x
P/B
2.76x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$12.36M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.21
Operating Cash Flow
-$5M
Beta
0.6
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

MIRA Overview

MIRA Pharmaceuticals, Inc. operates as a clinical development stage biopharmaceutical company. The company focuses on the development and commercialization of a new molecular synthetic tetrahydrocannabinol (THC) analog under investigation for the treatment of adult patients with anxiety and cognitive decline typically associated with early-stage dementia. It is developing MIRA1a, a synthetic cannabinoid analog to treat anxiety and chronic pain by targeting the cannabinoid type 1 and type 2 receptors. The company was formerly known as MIRA1a Therapeutics, Inc. MIRA Pharmaceuticals, Inc. was incorporated in 2020 and is headquartered in Baltimore, Maryland.

Zen Score

Industry Average (37)
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Due Diligence Checks

MIRA ($0.59) is overvalued by 137.86% relative to our estimate of its Fair Value price of $0.25 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
MIRA ($0.59) is not significantly undervalued (137.86%) relative to our estimate of its Fair Value price of $0.25 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
MIRA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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MIRA News

Valuation

MIRA fair value

Fair Value of MIRA stock based on Discounted Cash Flow (DCF)
Price
$0.59
Fair Value
$0.25
Overvalued by
138.26%
MIRA ($0.59) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MIRA ($0.59) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MIRA is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MIRA price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.88x
Industry
43.42x
Market
32.2x

MIRA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.76x
Industry
6.82x
MIRA is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MIRA's financial health

Profit margin

Revenue
$0.0
Net Income
-$1.7M
Profit Margin
0%
MIRA's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$3.8M
Liabilities
$652.0k
Debt to equity
0.21
MIRA's short-term assets ($3.71M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MIRA's short-term assets ($3.71M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MIRA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$1.0M
Investing
$0.0
Financing
-$24.3k
MIRA's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

MIRA vs General Drug Manufacturer Stocks

TickerMarket Cap1d %P/EP/B
MIRA$8.71M-1.83%-0.88x2.76x
AMRN$320.89M+4.69%-6.01x0.59x
SCLX$351.51M-1.52%-1.48x-1.85x
OGN$5.48B+2.01%5.20x114.12x
GRFS$5.68B-6.67%85.15x0.91x

Mira Pharmaceuticals Stock FAQ

What is Mira Pharmaceuticals's quote symbol?

(NASDAQ: MIRA) Mira Pharmaceuticals trades on the NASDAQ under the ticker symbol MIRA. Mira Pharmaceuticals stock quotes can also be displayed as NASDAQ: MIRA.

If you're new to stock investing, here's how to buy Mira Pharmaceuticals stock.

What is the 52 week high and low for Mira Pharmaceuticals (NASDAQ: MIRA)?

(NASDAQ: MIRA) Mira Pharmaceuticals's 52-week high was $7.98, and its 52-week low was $0.51. It is currently -92.62% from its 52-week high and 15.49% from its 52-week low.

How much is Mira Pharmaceuticals's stock price per share?

(NASDAQ: MIRA) Mira Pharmaceuticals stock price per share is $0.59 today (as of Jul 12, 2024).

What is Mira Pharmaceuticals's Market Cap?

(NASDAQ: MIRA) Mira Pharmaceuticals's market cap is $8.71M, as of Jul 15, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Mira Pharmaceuticals's market cap is calculated by multiplying MIRA's current stock price of $0.59 by MIRA's total outstanding shares of 14,780,885.
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