Bright Minds Biosciences Inc.

Bright Minds Biosciences Inc.verified

DRUG

Price:

$1.25

Market Cap:

$7.61M

Bright Minds Biosciences Inc., a pre-clinical biosciences company, develops 5-HT (serotonin) medicines to improve the lives of patients with severe and life-altering diseases. Its portfolio of selective 5-HT receptor agonists comprises 5-HT2C, 5-HT2A, and 5-HT2C/A for the treatment of epilepsy, pain, and neuropsychiatry. The company has collaboration with National Institutes of Health for the treatment of epilepsy; University of Texas Medical Branch to treat impulse control disorders, such as binge eating; and Medical College of Wisconsin. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.[Read more]

Industry

Biotechnology

IPO Date

2021-03-22

Stock Exchange

NASDAQ

Ticker

DRUG

The ROE as of September 2024 (TTM) for Bright Minds Biosciences Inc. (DRUG) is -58.27%

According to Bright Minds Biosciences Inc.’s latest financial reports and current stock price. The company's current ROE is -58.27%. This represents a change of 306.00% compared to the average of -14.35% of the last 4 quarters.

Bright Minds Biosciences Inc. (DRUG) Historical ROE (quarterly & annually)

How has DRUG ROE performed in the past?

The mean historical ROE of Bright Minds Biosciences Inc. over the last ten years is -85.63%. The current -58.27% ROE has changed -31.96% with respect to the historical average. Over the past ten years (40 quarters), DRUG's ROE was at its highest in in the June 2024 quarter at 3.77%. The ROE was at its lowest in in the December 2019 quarter at -69.37%.

Quarterly (TTM)
Annual

Average

-85.63%

Median

-66.63%

Minimum

-144.06%

Maximum

-43.89%

Bright Minds Biosciences Inc. (DRUG) ROE by Quarter and Year

Discovering the peaks and valleys of Bright Minds Biosciences Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 228.24%

Maximum Annual ROE = -43.89%

Minimum Annual Increase = -34.13%

Minimum Annual ROE = -144.06%

Quarterly (TTM)
Annual
YearROEChange
2023-111.73%-22.44%
2022-144.06%228.24%
2021-43.89%-34.13%
2020-66.63%7.72%

Bright Minds Biosciences Inc. (DRUG) Average ROE

How has DRUG ROE performed in the past?

The current ROE of Bright Minds Biosciences Inc. (DRUG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-99.89%

5-year avg

-85.63%

10-year avg

-85.63%

Bright Minds Biosciences Inc. (DRUG) ROE vs. Peers

How is DRUG’s ROE compared to its peers?

Bright Minds Biosciences Inc.’s ROE is greater than Revelation Biosciences, Inc. (-243.91%), greater than Zura Bio Limited (-35.45%), greater than Phio Pharmaceuticals Corp. (-142.68%), greater than ZyVersa Therapeutics, Inc. (-172.51%), greater than TransCode Therapeutics, Inc. (-597.47%), greater than Pyxis Oncology, Inc. (-38.34%), less than eFFECTOR Therapeutics, Inc. (2.18%), greater than Altamira Therapeutics Ltd. (-233.96%), greater than Elevation Oncology, Inc. (-57.97%), greater than Apexigen, Inc. (-606.56%), greater than Immix Biopharma, Inc. (-86.48%), greater than Virios Therapeutics, Inc. (-130.35%), greater than Navidea Biopharmaceuticals, Inc. (-63.06%), greater than Aditxt, Inc. (-607.01%), greater than NeuroBo Pharmaceuticals, Inc. (-154.04%), greater than Dermata Therapeutics, Inc. (-197.44%), less than Unicycive Therapeutics, Inc. (294.74%),

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