Cardiol Therapeutics Inc.CRDL.TO

$1.51+0.01 (+0.67%)
TSXHealthcare24:00 UTC

Company snapshot

Market Cap
$165M
Micro-cap
+95%
2018 — today
10-Year Price
-59%
2018 — today
52-Week Range
$1.28$2.23
Current $1.51· 24%

Cardiol Therapeutics Inc. operates as a clinical-stage life sciences company, primarily engaged in the discovery and advancement of treatments designed to combat fibrosis and inflammation within the context of cardiovascular diseases. Its flagship product, CardiolRx, is currently undergoing a significant Phase II/III international clinical trial. This extensive study is randomized, double-blind, and placebo-controlled, evaluating CardiolRx's efficacy and safety as a heart-protective therapy to mitigate cardiovascular and respiratory issues in individuals hospitalized with COVID-19. Concurrently, the trial also assesses CardiolRx's role in addressing acute myocarditis. Beyond this, the company is developing an injectable, subcutaneous formulation of CardiolRx, intended to target cardiac scarring and inflammation that contribute to the development and worsening of heart failure. Established in 2017, Cardiol Therapeutics Inc. is based in Oakville, Canada.

Valuation in context

P/E ratio
-3.9
N/A
Not meaningful — company is unprofitable
P/B ratio
6.8
Above average
Pricier than usual over the last 10 years
FCF Yield
-14.8%
Above average
Above the 10-year average
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