MIRA Pharmaceuticals, Inc.MIRA

$0.95-0.03 (-2.64%)
NASDAQHealthcare24:00 UTC

Company snapshot

Market Cap
$40M
Micro-cap
-54%
2023 — today
10-Year Price
-84%
2023 — today
52-Week Range
$0.92$2.02
Current $0.95· 3%

MIRA Pharmaceuticals, Inc. operates as a biopharmaceutical enterprise currently in the clinical development phase. Its main objective involves the creation and market introduction of a novel synthetic tetrahydrocannabinol (THC) analog. This compound is undergoing investigation for its potential to address anxiety and the cognitive impairments frequently observed in adult patients suffering from early-stage dementia. The firm's lead candidate, MIRA1a, is a synthetic cannabinoid analog engineered to alleviate both anxiety and chronic pain through its interaction with cannabinoid type 1 and type 2 receptors. Originally established in 2020 as MIRA1a Therapeutics, Inc., MIRA Pharmaceuticals, Inc. maintains its headquarters in Baltimore, Maryland.

Valuation in context

P/E ratio
-0.7
N/A
Not meaningful — company is unprofitable
P/B ratio
4.3
Below average
Below the 10-year average
FCF Yield
-10.6%
Historically high
Historically high relative to the last 10 years
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