Symbols / CMND $1.31 +5.65% Clearmind Medicine Inc.

Healthcare • Biotechnology • Canada • NCM
CMND Chart
About

Clearmind Medicine Inc., a clinical stage pharmaceutical company, develops novel psychedelic medicines to treat under-served health problems. The company develops treatments for alcohol use disorders, binge drinking, and eating disorders, as well as weight loss, obesity, and metabolic syndrome, anxiety disorders, post-traumatic stress disorder, depression, and treatment resistant depression. It develops MEAI compound for the treatment of alcohol use disorder, obesity, and metabolic disorders, as well as an alcohol substitute consumer product; and CM-CMND-001 which is in Phase I/IIa clinical trial for the treatment of alcohol use disorder. In addition, the company has a collaboration with SciSparc Ltd. to conduct a study evaluating the companies combination treatment for obesity and metabolic syndrome; Yissum Research Development Company of the Hebrew University of Jerusalem to develop, manufacture, and commercialize compounds targeted at treating post-traumatic stress disorder and other health conditions; Polyrizon Ltd. to develop novel intranasal MEAI formulation; and NeuroThera Labs Inc. to develop a therapy for weight loss and Metabolic Dysfunction-Associated Steatotic Liver Disease. The company was formerly known as Cyntar Ventures Inc. and changed its name to Clearmind Medicine Inc. in March 2021. The company was incorporated in 2017 and is headquartered in Vancouver, Canada.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 3.14M
Enterprise Value -7.75M Income -6.64M Sales
Book/sh 5.49 Cash/sh 4.95 Dividend Yield
Payout 0.00% Employees IPO
P/E Forward P/E PEG
P/S P/B 0.24 P/C
EV/EBITDA 0.99 EV/Sales Quick Ratio 3.71
Current Ratio 3.79 Debt/Eq 0.10 LT Debt/Eq
EPS (ttm) -24.12 EPS next Y EPS Growth
Revenue Growth Earnings ROA -55.22%
ROE -119.72% ROIC Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 2.39M
Shs Float 2.04M Short Float 3.07% Short Ratio 0.68
Short Interest 52W High 52.40 52W Low 0.59
Beta -1.03 Avg Volume 253.48K Volume 85.33K
Target Price Recom None Prev Close $1.24
Price $1.31 Change 5.65%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
Mean price target
2. Current target
$1.31
Latest analyst target
3. DCF / Fair value
$-40.48
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.31
Low
High
Mean
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-05-13 Rootenberg (Alan) Director of Issuer 109,167 $0.11 $11,790
2025-05-13 Rootenberg (Alan) Director of Issuer 13,454 $5.94 $79,849
2025-05-13 Rootenberg (Alan) Director of Issuer 9,461 $1.00 $9,461
2025-05-13 Rootenberg (Alan) Director of Issuer 5,827 $1.00 $5,827
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-10-31 2024-10-31 2023-10-31 2022-10-31
Total Revenue
0.00
0.00
0.00
0.00
Operating Revenue
0.00
0.00
0.00
0.00
Operating Expense
5.67
-1.35%
5.74
-8.86%
6.30
+0.83%
6.25
Research And Development
2.06
+48.72%
1.38
-10.45%
1.54
-49.88%
3.08
Selling General And Administration
3.57
-17.35%
4.32
-8.47%
4.72
+52.21%
3.10
General And Administrative Expense
3.57
-17.35%
4.32
-8.47%
4.72
+52.21%
3.10
Salaries And Wages
0.79
-32.82%
1.18
+317.82%
0.28
-72.89%
1.04
Other Gand A
2.51
-10.76%
2.82
-30.91%
4.08
+112.97%
1.91
Total Expenses
5.67
-1.35%
5.74
-8.86%
6.30
+0.83%
6.25
Operating Income
-5.67
+1.35%
-5.74
+8.86%
-6.30
-0.83%
-6.25
EBITDA
-3.72
+22.38%
-4.79
+43.88%
-8.54
-26.12%
-6.77
Normalized EBITDA
-5.69
-5.01%
-5.42
+12.20%
-6.18
-0.12%
-6.17
Reconciled Depreciation
0.05
-3.33%
0.05
-11.19%
0.06
-30.77%
0.08
EBIT
-3.77
+22.18%
-4.84
+43.67%
-8.59
-25.43%
-6.85
Total Unusual Items
1.98
+212.16%
0.63
+126.84%
-2.36
-293.75%
-0.60
Total Unusual Items Excluding Goodwill
1.98
+212.16%
0.63
+126.84%
-2.36
-293.75%
-0.60
Special Income Charges
0.00
0.00
Impairment Of Capital Assets
0.00
0.00
Net Income
-3.86
+26.60%
-5.25
+39.05%
-8.62
-25.03%
-6.89
Pretax Income
-3.79
+22.35%
-4.88
+43.32%
-8.60
-25.32%
-6.87
Net Non Operating Interest Income Expense
0.11
-51.77%
0.24
+297.24%
0.06
+510.45%
-0.01
Interest Expense Non Operating
0.02
-45.97%
0.04
+231.94%
0.01
-24.44%
0.01
Net Interest Income
0.11
-51.77%
0.24
+297.24%
0.06
+510.45%
-0.01
Interest Expense
0.02
-45.97%
0.04
+231.94%
0.01
-24.44%
0.01
Interest Income Non Operating
0.13
-51.00%
0.27
+287.09%
0.07
0.00
Interest Income
0.13
-51.00%
0.27
+287.09%
0.07
0.00
Other Income Expense
1.77
+179.12%
0.63
+126.84%
-2.36
-293.75%
-0.60
Other Non Operating Income Expenses
-0.21
Gain On Sale Of Security
1.98
+212.16%
0.63
+126.84%
-2.36
-293.75%
-0.60
Tax Provision
0.07
-81.36%
0.38
+2075.72%
0.02
-41.82%
0.03
Tax Rate For Calcs
0.00
+0.00%
0.00
-62.50%
0.00
+52.61%
0.00
Tax Effect Of Unusual Items
0.30
+212.16%
0.09
+110.06%
-0.94
-500.92%
-0.16
Net Income Including Noncontrolling Interests
-3.86
+26.60%
-5.25
+39.05%
-8.62
-25.03%
-6.89
Net Income From Continuing Operation Net Minority Interest
-3.86
+26.60%
-5.25
+39.05%
-8.62
-25.03%
-6.89
Net Income From Continuing And Discontinued Operation
-3.86
+26.60%
-5.25
+39.05%
-8.62
-25.03%
-6.89
Net Income Continuous Operations
-3.86
+26.60%
-5.25
+39.05%
-8.62
-25.03%
-6.89
Normalized Income
-5.54
+4.42%
-5.79
+19.60%
-7.21
-11.66%
-6.45
Net Income Common Stockholders
-3.86
+26.60%
-5.25
+39.05%
-8.62
-25.03%
-6.89
Diluted EPS
-30.35
+55.24%
-67.80
+96.02%
-1,703.04
+73.32%
-6,383.87
Basic EPS
-30.35
+55.24%
-67.80
+96.02%
-1,703.04
+73.32%
-6,383.87
Basic Average Shares
0.13
+63.98%
0.08
+1431.07%
0.01
+367.41%
0.00
Diluted Average Shares
0.13
+63.98%
0.08
+1431.07%
0.01
+367.41%
0.00
Diluted NI Availto Com Stockholders
-3.86
+26.60%
-5.25
+39.05%
-8.62
-25.03%
-6.89
Depreciation Amortization Depletion Income Statement
0.04
-4.17%
0.04
+7.49%
0.04
-45.34%
0.07
Depreciation And Amortization In Income Statement
0.04
-4.17%
0.04
+7.49%
0.04
-45.34%
0.07
Depreciation Income Statement
0.04
-4.17%
0.04
+7.49%
0.04
-45.34%
0.07
Insurance And Claims
0.27
-18.39%
0.33
-9.55%
0.36
+143.46%
0.15
Total Other Finance Cost
-0.06
-658.59%
0.01
Line Item Trend 2025-10-31 2024-10-31 2023-10-31 2022-10-31
Total Assets
6.08
-16.16%
7.26
+21.87%
5.95
+620.38%
0.83
Current Assets
5.95
-16.09%
7.09
+22.33%
5.79
+1233.03%
0.43
Cash Cash Equivalents And Short Term Investments
5.59
-18.62%
6.86
+24.47%
5.51
+1609.58%
0.32
Cash And Cash Equivalents
3.92
-40.32%
6.57
+21.12%
5.43
+4114.84%
0.13
Cash Financial
0.18
Other Short Term Investments
1.66
+474.46%
0.29
+236.06%
0.09
-55.56%
0.19
Receivables
0.32
+78.19%
0.18
-24.74%
0.24
+145.42%
0.10
Accounts Receivable
Other Receivables
0.04
-26.94%
0.05
-52.99%
0.10
+104.82%
0.05
Prepaid Assets
0.04
-9.56%
0.04
+9.30%
0.04
+183.63%
0.01
Total Non Current Assets
0.14
-19.05%
0.17
+5.33%
0.16
-59.48%
0.39
Net PPE
0.02
-66.32%
0.05
+2891.49%
0.00
-96.45%
0.05
Gross PPE
0.02
-66.32%
0.05
+2891.49%
0.00
-96.45%
0.05
Accumulated Depreciation
-0.03
-93.99%
-0.01
Properties
0.00
0.00
0.00
0.00
Buildings And Improvements
0.02
-66.32%
0.05
0.00
-100.00%
0.04
Other Properties
0.00
-86.61%
0.01
Goodwill And Other Intangible Assets
0.10
-10.11%
0.11
-9.21%
0.12
-8.41%
0.13
Other Intangible Assets
0.18
Non Current Deferred Assets
0.00
-100.00%
0.20
Other Non Current Assets
0.02
+186.11%
0.01
-80.93%
0.04
+157.11%
0.01
Total Liabilities Net Minority Interest
4.89
+17.90%
4.15
-16.54%
4.97
+157.18%
1.93
Current Liabilities
4.89
+18.37%
4.13
-16.87%
4.97
+157.18%
1.93
Payables And Accrued Expenses
0.74
+29.11%
0.58
-12.80%
0.66
-58.87%
1.60
Payables
0.74
+29.11%
0.58
-12.80%
0.66
-58.87%
1.60
Accounts Payable
0.68
+29.67%
0.53
-14.74%
0.62
-55.83%
1.40
Current Debt And Capital Lease Obligation
1.78
+4743.61%
0.04
0.04
Current Debt
1.76
Other Current Borrowings
1.76
Current Capital Lease Obligation
0.02
-48.81%
0.04
0.00
-100.00%
0.04
Other Current Liabilities
2.37
-32.69%
3.52
-18.34%
4.31
+1383.43%
0.29
Total Non Current Liabilities Net Minority Interest
0.00
-100.00%
0.02
0.00
0.00
Long Term Debt And Capital Lease Obligation
0.00
-100.00%
0.02
0.00
Long Term Capital Lease Obligation
0.00
-100.00%
0.02
0.00
Stockholders Equity
1.19
-61.62%
3.11
+215.98%
0.98
+188.92%
-1.11
Common Stock Equity
1.19
-61.62%
3.11
+215.98%
0.98
+188.92%
-1.11
Capital Stock
26.40
+9.25%
24.17
+41.08%
17.13
+155.44%
6.71
Common Stock
26.40
+9.25%
24.17
+41.08%
17.13
+155.44%
6.71
Share Issued
0.16
+48.25%
0.11
+602.29%
0.02
+1281.53%
0.00
Ordinary Shares Number
0.16
+48.25%
0.11
+602.29%
0.02
+1281.53%
0.00
Retained Earnings
-27.88
-16.06%
-24.02
-28.00%
-18.77
-84.96%
-10.15
Gains Losses Not Affecting Retained Earnings
-0.02
+0.00%
-0.02
+0.00%
-0.02
+0.00%
-0.02
Other Equity Adjustments
-0.02
+0.00%
-0.02
+0.00%
-0.02
+0.00%
-0.02
Total Equity Gross Minority Interest
1.19
-61.62%
3.11
+215.98%
0.98
+188.92%
-1.11
Total Capitalization
1.19
-61.62%
3.11
+215.98%
0.98
+188.92%
-1.11
Working Capital
1.06
-64.24%
2.96
+258.50%
0.82
+155.07%
-1.50
Invested Capital
2.95
-4.98%
3.11
+215.98%
0.98
+188.92%
-1.11
Total Debt
1.78
+3247.38%
0.05
0.00
-100.00%
0.04
Capital Lease Obligations
0.02
-64.62%
0.05
0.00
-100.00%
0.04
Net Tangible Assets
1.10
-63.48%
3.00
+247.07%
0.86
+169.90%
-1.24
Tangible Book Value
1.10
-63.48%
3.00
+247.07%
0.86
+169.90%
-1.24
Duefrom Related Parties Current
0.29
+117.30%
0.13
-3.06%
0.14
+189.44%
0.05
Dueto Related Parties Current
0.06
+23.02%
0.05
+15.39%
0.04
-79.45%
0.21
Other Equity Interest
2.69
-9.80%
2.98
+12.94%
2.64
+12.13%
2.36
Line Item Trend 2025-10-31 2024-10-31 2023-10-31 2022-10-31
Operating Cash Flow
-4.73
+2.56%
-4.86
+22.90%
-6.30
-69.19%
-3.72
Cash Flow From Continuing Operating Activities
-4.73
+2.56%
-4.86
+22.90%
-6.30
-69.19%
-3.72
Net Income From Continuing Operations
-3.86
+26.60%
-5.25
+39.05%
-8.62
-25.03%
-6.89
Depreciation Amortization Depletion
0.05
-3.33%
0.05
-11.19%
0.06
-30.77%
0.08
Depreciation
0.04
-4.17%
0.04
-13.89%
0.05
-31.77%
0.07
Amortization Cash Flow
0.01
-0.27%
0.01
+0.27%
0.01
-26.14%
0.01
Depreciation And Amortization
0.05
-3.33%
0.05
-11.19%
0.06
-30.77%
0.08
Amortization Of Intangibles
0.01
-0.27%
0.01
+0.27%
0.01
-26.14%
0.01
Other Non Cash Items
0.21
+3855.70%
0.01
+85.28%
0.00
-79.86%
0.01
Stock Based Compensation
0.81
-19.32%
1.00
+19.66%
0.83
-30.87%
1.21
Asset Impairment Charge
0.00
0.00
Deferred Tax
0.07
-32.19%
0.10
+497.97%
0.02
-41.82%
0.03
Deferred Income Tax
0.07
-32.19%
0.10
+497.97%
0.02
-41.82%
0.03
Operating Gains Losses
-1.13
-61.34%
-0.70
-130.94%
2.27
+680.59%
0.29
Gain Loss On Investment Securities
-1.13
-59.45%
-0.71
-132.32%
2.19
+653.69%
0.29
Unrealized Gain Loss On Investment Securities
-0.84
-1330.62%
0.07
-36.25%
0.11
-65.07%
0.31
Net Foreign Currency Exchange Gain Loss
-0.00
-159.73%
0.01
-92.26%
0.08
0.00
Change In Working Capital
-0.04
+69.58%
-0.13
+86.57%
-0.97
-178.36%
1.24
Change In Receivables
0.02
-73.44%
0.06
+142.01%
-0.15
-875.51%
0.02
Change In Prepaid Assets
0.00
+220.38%
-0.00
+85.88%
-0.03
-125.37%
0.10
Change In Payables And Accrued Expense
0.08
+141.69%
-0.20
+67.99%
-0.62
-167.93%
0.91
Change In Payable
-0.79
-170.57%
1.12
Change In Account Payable
-0.62
-167.73%
0.92
Change In Other Working Capital
-0.14
-2094.63%
0.01
+104.30%
-0.17
-183.74%
0.20
Investing Cash Flow
-0.54
-127.65%
-0.24
-807.80%
-0.03
-371.47%
-0.01
Cash Flow From Continuing Investing Activities
-0.54
-127.65%
-0.24
-807.80%
-0.03
-371.47%
-0.01
Net PPE Purchase And Sale
0.00
0.00
+100.00%
-0.01
Purchase Of PPE
0.00
0.00
+100.00%
-0.01
Capital Expenditure
-0.01
Net Investment Purchase And Sale
-0.53
-94.38%
-0.27
0.00
0.00
Purchase Of Investment
-0.71
-103.94%
-0.35
0.00
0.00
Sale Of Investment
0.19
+137.03%
0.08
0.00
0.00
Net Intangibles Purchase And Sale
0.00
0.00
Purchase Of Intangibles
0.00
0.00
Net Other Investing Changes
-0.01
-139.93%
0.03
+228.88%
-0.03
Financing Cash Flow
2.62
-58.07%
6.25
-46.38%
11.66
+2179.59%
0.51
Cash Flow From Continuing Financing Activities
2.62
-58.07%
6.25
-46.38%
11.66
+2179.59%
0.51
Net Issuance Payments Of Debt
2.21
+5283.41%
-0.04
-4.07%
-0.04
+42.26%
-0.07
Issuance Of Debt
2.25
0.00
0.00
Repayment Of Debt
-0.04
+0.10%
-0.04
-4.07%
-0.04
+42.26%
-0.07
Long Term Debt Issuance
2.25
0.00
0.00
Long Term Debt Payments
-0.04
+0.10%
-0.04
-4.07%
-0.04
+42.26%
-0.07
Net Long Term Debt Issuance
2.21
+5283.41%
-0.04
-4.07%
-0.04
+42.26%
-0.07
Net Common Stock Issuance
0.00
-100.00%
2.19
-80.28%
11.12
+1808.01%
0.58
Cash Dividends Paid
0.00
Proceeds From Stock Option Exercised
0.42
-89.89%
4.10
+595.59%
0.59
0.00
Net Other Financing Charges
Changes In Cash
-2.65
-329.26%
1.16
-78.31%
5.34
+265.82%
-3.22
Effect Of Exchange Rate Changes
0.00
+127.86%
-0.01
+69.40%
-0.04
-66.58%
-0.02
Beginning Cash Position
6.57
+21.12%
5.43
+4114.84%
0.13
-96.18%
3.37
End Cash Position
3.92
-40.32%
6.57
+21.12%
5.43
+4114.84%
0.13
Free Cash Flow
-4.73
+2.56%
-4.86
+22.90%
-6.30
-68.94%
-3.73
Interest Paid Supplemental Data
0.00
-28.37%
0.01
+85.28%
0.00
-79.86%
0.01
Income Tax Paid Supplemental Data
0.23
-25.01%
0.31
+2318.30%
0.01
0.00
Common Stock Issuance
0.00
-100.00%
2.19
-80.28%
11.12
+1808.01%
0.58
Interest Paid CFF
-0.01
Issuance Of Capital Stock
0.00
-100.00%
2.19
-80.28%
11.12
+1808.01%
0.58
SEC Filings

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