Cardiol Therapeutics Inc.CRDL

$1.06+0.00 (+0.00%)
NASDAQHealthcare24:00 UTC

Company snapshot

Market Cap
$116M
Micro-cap
+56%
2019 — today
10-Year Price
-67%
2019 — today
52-Week Range
$0.93$1.63
Current $1.06· 19%

Cardiol Therapeutics Inc. is a clinical-stage life sciences firm dedicated to discovering and advancing anti-fibrotic and anti-inflammatory therapies for cardiovascular disease (CVD). Its leading candidate, CardiolRx, is currently undergoing a multi-national, randomized, double-blind, placebo-controlled Phase II/III study. This pivotal trial assesses CardiolRx's safety and effectiveness as a cardioprotective treatment to diminish cardiovascular and respiratory complications in hospitalized COVID-19 patients, while also investigating its potential for acute myocarditis. Furthermore, the company is developing a subcutaneous version of CardiolRx, aimed at addressing the cardiac fibrosis and inflammation linked to the onset and progression of heart failure. Cardiol Therapeutics Inc. was established in 2017 and operates from its headquarters in Oakville, Canada.

Valuation in context

P/E ratio
-2.7
N/A
Not meaningful — company is unprofitable
P/B ratio
4.8
Above average
Pricier than usual over the last 10 years
FCF Yield
-21.0%
Above average
Above the 10-year average
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