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NASDAQ: MNMD
Mind Medicine Inc Stock

$8.46-0.41 (-4.62%)
Updated Apr 24, 2024
MNMD Price
$8.46
Fair Value Price
$2.19
Market Cap
$349.69M
52 Week Low
$2.41
52 Week High
$12.22
P/E
-3.47x
P/B
4.48x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$95.73M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.59
Operating Cash Flow
-$64M
Beta
1.51
Next Earnings
May 2, 2024
Ex-Dividend
N/A
Next Dividend
N/A

MNMD Overview

Mind Medicine (MindMed) Incorporated develops products to treat brain health disorders related to psychiatry, addiction, pain, and neurology. Its MM-120 offering is in a phase 2 clinical study for the treatment of generalized anxiety disorder, attention deficit hyperactivity disorder, and chronic pain. MM-110 is an a3ß4 nicotinic cholinergic receptor antagonist that has completed aphase 1 study for the treatment of opioid withdrawal. It is also developing MM-402, a treatment for core symptoms of autism spectrum disorder. MindMed is founded in 2002 and is headquartered in Vancouver, Canada.

Zen Score

Industry Average (23)
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Due Diligence Checks

MNMD ($8.46) is overvalued by 287.11% relative to our estimate of its Fair Value price of $2.19 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
MNMD ($8.46) is not significantly undervalued (287.11%) relative to our estimate of its Fair Value price of $2.19 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
MNMD is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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MNMD News

Valuation

MNMD fair value

Fair Value of MNMD stock based on Discounted Cash Flow (DCF)
Price
$8.46
Fair Value
$2.19
Overvalued by
287.11%
MNMD ($8.46) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MNMD ($8.46) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MNMD is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MNMD price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-3.47x
Industry
15.69x
Market
41.27x

MNMD price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
4.48x
Industry
5.86x
MNMD is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MNMD's financial health

Profit margin

Revenue
$0.0
Net Income
-$23.9M
Profit Margin
0%
MNMD's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$124.5M
Liabilities
$46.4M
Debt to equity
0.59
MNMD's short-term assets ($103.87M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MNMD's short-term assets ($103.87M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MNMD's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$20.6M
Investing
$0.0
Financing
$2.6M
MNMD's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

MNMD vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
MNMD$349.69M-4.62%-3.47x4.48x
MRSN$349.35M-10.28%-1.95x9.47x
RANI$350.60M+4.48%-5.26x27.25x
AURA$351.48M-1.66%-3.68x1.56x
CRBU$347.71M-3.27%-2.79x0.94x

Mind Medicine Stock FAQ

What is Mind Medicine's quote symbol?

(NASDAQ: MNMD) Mind Medicine trades on the NASDAQ under the ticker symbol MNMD. Mind Medicine stock quotes can also be displayed as NASDAQ: MNMD.

If you're new to stock investing, here's how to buy Mind Medicine stock.

What is the 52 week high and low for Mind Medicine (NASDAQ: MNMD)?

(NASDAQ: MNMD) Mind Medicine's 52-week high was $12.22, and its 52-week low was $2.41. It is currently -30.77% from its 52-week high and 251.04% from its 52-week low.

How much is Mind Medicine stock worth today?

(NASDAQ: MNMD) Mind Medicine currently has 41,334,307 outstanding shares. With Mind Medicine stock trading at $8.46 per share, the total value of Mind Medicine stock (market capitalization) is $349.69M.

Mind Medicine stock was originally listed at a price of $8.72 in Mar 4, 2020. If you had invested in Mind Medicine stock at $8.72, your return over the last 4 years would have been -2.93%, for an annualized return of -0.74% (not including any dividends or dividend reinvestments).

How much is Mind Medicine's stock price per share?

(NASDAQ: MNMD) Mind Medicine stock price per share is $8.46 today (as of Apr 24, 2024).

What is Mind Medicine's Market Cap?

(NASDAQ: MNMD) Mind Medicine's market cap is $349.69M, as of Apr 25, 2024.

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

Mind Medicine's market cap is calculated by multiplying MNMD's current stock price of $8.46 by MNMD's total outstanding shares of 41,334,307.
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