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NASDAQ: PMN
Promis Neurosciences Inc Stock

$2.05-0.01 (-0.49%)
Updated Apr 23, 2024
PMN Price
$2.05
Fair Value Price
$0.75
Market Cap
$38.87M
52 Week Low
$0.95
52 Week High
$8.95
P/E
-1.92x
P/B
10.36x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$13.21M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
2.63
Operating Cash Flow
-$11M
Beta
0.49
Next Earnings
May 13, 2024
Ex-Dividend
N/A
Next Dividend
N/A

PMN Overview

ProMIS Neurosciences, Inc. discovers and develops precision medicine solutions for the treatment of neurodegenerative diseases, primarily Alzheimer's disease (AD), amyotrophic lateral sclerosis (ALS), and multiple system atrophy (MSA) in Canada. The company's proprietary discovery platform comprises ProMIS and Collective Coordinates algorithms to predict novel targets known as disease specific epitopes on the molecular surface of misfolded proteins. Its lead product candidates include PMN310, a monoclonal antibody (mAb) for toxic oligomers in AD; PMN267, a superoxide dismustase 1 and TAR-DNA binding protein 43 in ALS, as well as alpha synuclein in Parkinson's disease and Lewy body dementia; and PMN442, a mAb targeting toxic a-syn oligomers and seeding fibrils in MSA. The company was formerly known as Amorfix Life Sciences Ltd. and changed its name to ProMIS Neurosciences, Inc. in July 2015. ProMIS Neurosciences, Inc. was incorporated in 2004 and is headquartered in Toronto, Canada.

Zen Score

Industry Average (23)
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Due Diligence Checks

PMN ($2.05) is overvalued by 173.33% relative to our estimate of its Fair Value price of $0.75 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
PMN ($2.05) is not significantly undervalued (173.33%) relative to our estimate of its Fair Value price of $0.75 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
PMN is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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PMN News

Valuation

PMN fair value

Fair Value of PMN stock based on Discounted Cash Flow (DCF)
Price
$2.05
Fair Value
$0.75
Overvalued by
173.33%
PMN ($2.05) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
PMN ($2.05) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
PMN is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

PMN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-1.92x
Industry
16.46x
Market
41.92x

PMN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
10.36x
Industry
5.93x
PMN is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

PMN's financial health

Profit margin

Revenue
$0.0
Net Income
-$3.6M
Profit Margin
0%
PMN's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$13.6M
Liabilities
$9.9M
Debt to equity
2.63
PMN's short-term assets ($13.62M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
PMN's short-term assets ($13.62M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
PMN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$3.8M
Investing
-$1.3k
Financing
-$510.6k
PMN's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

PMN vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
PMN$38.87M-0.49%-1.92x10.36x
ICCC$38.99M0.00%-6.71x1.56x
CARA$38.64M-3.15%-0.32x0.68x
MTNB$39.36M+0.56%-1.65x2.05x
MRKR$39.40M+5.61%-4.71x2.80x

Promis Neurosciences Stock FAQ

What is Promis Neurosciences's quote symbol?

(NASDAQ: PMN) Promis Neurosciences trades on the NASDAQ under the ticker symbol PMN. Promis Neurosciences stock quotes can also be displayed as NASDAQ: PMN.

If you're new to stock investing, here's how to buy Promis Neurosciences stock.

What is the 52 week high and low for Promis Neurosciences (NASDAQ: PMN)?

(NASDAQ: PMN) Promis Neurosciences's 52-week high was $8.95, and its 52-week low was $0.95. It is currently -77.09% from its 52-week high and 115.79% from its 52-week low.

How much is Promis Neurosciences stock worth today?

(NASDAQ: PMN) Promis Neurosciences currently has 18,961,116 outstanding shares. With Promis Neurosciences stock trading at $2.05 per share, the total value of Promis Neurosciences stock (market capitalization) is $38.87M.

Promis Neurosciences stock was originally listed at a price of $9.25 in Jul 8, 2022. If you had invested in Promis Neurosciences stock at $9.25, your return over the last 1 years would have been -77.84%, for an annualized return of -77.84% (not including any dividends or dividend reinvestments).

How much is Promis Neurosciences's stock price per share?

(NASDAQ: PMN) Promis Neurosciences stock price per share is $2.05 today (as of Apr 23, 2024).

What is Promis Neurosciences's Market Cap?

(NASDAQ: PMN) Promis Neurosciences's market cap is $38.87M, as of Apr 24, 2024.

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

Promis Neurosciences's market cap is calculated by multiplying PMN's current stock price of $2.05 by PMN's total outstanding shares of 18,961,116.
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