NASDAQ: MNMD
Mind Medicine Inc Stock

$6.99-0.20 (-2.78%)
Updated Jan 24, 2025
MNMD Price
$6.99
Fair Value Price
$2.19
Market Cap
$512.59M
52 Week Low
$3.64
52 Week High
$12.22
P/E
-3.51x
P/B
1.96x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$97.80M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.22
Operating Cash Flow
-$74M
Beta
1.53
Next Earnings
Feb 26, 2025
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 Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine MNMD's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

C
Value
C
Growth
C
Momentum
B
Sentiment
C
Safety
D
Financials
D
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Biotech

Industry Rating
F
MNMD
Ranked
#204 of 555

Top Ranked Stocks in Industry

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MNMD News

Overview

Due Diligence Score

Industry Average (23)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how MNMD scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MNMD ($6.99) is overvalued by 219.85% relative to our estimate of its Fair Value price of $2.19 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
MNMD ($6.99) is not significantly undervalued (219.85%) 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
There are 30 more MNMD due diligence checks available for Premium users.

Valuation

MNMD fair value

Fair Value of MNMD stock based on Discounted Cash Flow (DCF)

Price
$6.99
Fair Value
$2.19
Overvalued by
219.85%
MNMD ($6.99) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MNMD ($6.99) 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
-3.51x
Industry
-188.16x
Market
30.33x

MNMD price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
1.96x
Industry
5.04x
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
-$13.7M
Profit Margin
0%
MNMD's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$319.8M
Liabilities
$57.6M
Debt to equity
0.22
MNMD's short-term assets ($299.36M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MNMD's short-term assets ($299.36M) 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
-$17.2M
Investing
$0.0
Financing
$69.4M
MNMD's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

MNMD vs Biotech Stocks

TickerZen RatingMarket Cap1d %P/EP/B
MNMDC$512.59M-2.78%-3.51x1.96x
ANABC$512.72M+1.32%-2.77x6.08x
XERSC$514.33M+1.17%-7.84x-18.16x
TBPHC$514.85M+8.27%-10.17x2.77x
RAPPC$508.41M-2.59%N/A1.57x

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 $3.64. It is currently -42.8% from its 52-week high and 92.03% from its 52-week low.

How much is Mind Medicine stock worth today?

(NASDAQ: MNMD) Mind Medicine currently has 73,331,690 outstanding shares. With Mind Medicine stock trading at $6.99 per share, the total value of Mind Medicine stock (market capitalization) is $512.59M.

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 -19.79%, for an annualized return of -5.36% (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 $6.99 today (as of Jan 24, 2025).

What is Mind Medicine's Market Cap?

(NASDAQ: MNMD) Mind Medicine's market cap is $512.59M, as of Jan 25, 2025.

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 $6.99 by MNMD's total outstanding shares of 73,331,690.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.