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Bright Minds Biosciences Inc. (DRUG.CN)

CAD105.87 -0.69 (-0.65%)
CA CNQ Healthcare Biotechnology
Address 19 Vestry Street 10013
New York, NY, CA
CEO Ian McDonald
IPO 2021-02-09
ISIN CA10919W4056

Explore sections of this company profile

Also trades on Canadian Securities Exchange · DRUG.CN (CAD) NASDAQ Capital Market · DRUG (USD)
Description

Bright Minds Biosciences Inc., a biotechnology company, develops therapeutics to improve the lives of patients with severe and life-altering diseases in the United States. Its portfolio includes 5-HT2 Receptors, which are serotonin agonists for epilepsy and neuropsychiatric disorders; and BMB-101, which has completed phase 1 trial for undisclosed seizure disorder and is in phase 2 clinical trials for the developmental and epileptic encephalopathies and absence epilepsies. The company also develops BMB-201 and BMB-202 for the treatment of neuropsychiatric and neurology indications; and BMB-105, a 5-HT2C agonist to treat Prader Willi Syndrome. Bright Minds Biosciences Inc. has a collaboration with Firefly Neuroscience, Inc. to provide an analysis of the electroencephalogram (EEG) data in the Company’s BREAKTHROUGH study. The company was founded in 2017 and is headquartered in New York, New York.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD105.87 -0.69 (-0.65%)
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Volume Profile
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Liquidity & share structure
Average Volume
958
Beta
-0.11
Float Shares
4.84M
Free Float %
62.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+7.85% +5.63% -9.15% -5.21% +38.68% +1.30% +151.56% +2,471.72% +285.76% +161.68% +161.68%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (4 ratings, all time) Buy
Price Targets & DCF
Current price
105.87
DCF (Unlevered) 11.86 -88.8%
DCF (Levered) 12.04 -88.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 6 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
136.94
Safe zone
Piotroski F-Score
1 / 9
Weak
MOAT Score
3 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
  • EPS growth Biotechnology: +29.7%
    -173.9% Q1'26: -164.3% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
  • EBIT margin Biotechnology: +0.0%
  • ROIC Biotechnology: -16.1%
    Q1'26: +5,784.8% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    +59.6% Q1'26: +36.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    -0.01× Q1'26: 0.00× (vs Q1'25)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.19) × ERP
WACC = 100% × Ke + 0% × Kd (28.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 11.86 Current price: 105.87
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Sep 2024
actual
Sep 2025
actual
Sep 2026
5 EPS Ana.
Sep 2027
7 Rev. Ana.
6 EPS Ana.
Sep 2028
6 Rev. Ana.
6 EPS Ana.
Sep 2029
4 Rev. Ana.
3 EPS Ana.
Sep 2030
3 Rev. Ana.
2 EPS Ana.
Revenue
— – —
38.93M
38.93M – 38.93M
50.00M
50.00M – 50.00M
+28.4% YoY
141.67M
141.67M – 141.67M
+183.3% YoY
271.27M
271.27M – 271.27M
+91.5% YoY
EBITDA
-2.72M
-13.86M
— – —
— – —
— – —
— – —
— – —
EBIT
-2.79M
-13.94M
— – —
— – —
— – —
— – —
— – —
Net Income
-2.80M
est: -4.74M (+40.9%)
-12.23M
est: -14.03M (+12.9%)
-43.87M
-55.98M – -31.76M
-212.6% YoY
-73.58M
-141.84M – -5.31M
-67.7% YoY
-96.10M
-132.96M – -59.23M
-30.6% YoY
-95.90M
-95.90M – -95.90M
+0.2% YoY
-59.22M
-59.22M – -59.22M
+38.2% YoY
SGA
1.44M
2.57M
— – —
— – —
— – —
— – —
— – —
EPS
-0.65
est: -1.10 (+40.9%)
-1.78
est: -2.04 (+12.8%)
-6.57
-8.14 – -4.62
-222.2% YoY
-11.90
-20.62 – -0.77
-81.1% YoY
-14.75
-19.33 – -8.61
-23.9% YoY
-13.94
-13.94 – -13.94
+5.5% YoY
-8.61
-8.61 – -8.61
+38.2% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-20 Piper Sandler Overweight Overweight Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-20 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-05-19 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-05-15 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-05-14 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-05-13 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-05-12 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-05-11 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-05-08 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-05-07 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-05-06 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-05-05 C 2/5 2/5 1/5 1/5 4/5 1/5 1/5
2026-05-04 C 2/5 2/5 1/5 1/5 4/5 1/5 1/5
2026-05-01 C 2/5 3/5 1/5 1/5 3/5 1/5 1/5
2026-04-30 C 2/5 3/5 1/5 1/5 3/5 1/5 1/5
2026-04-29 C 2/5 3/5 1/5 1/5 3/5 1/5 1/5
2026-04-28 C 2/5 3/5 1/5 1/5 3/5 1/5 1/5
2026-04-27 C 2/5 3/5 1/5 1/5 3/5 1/5 1/5
2026-04-24 C 2/5 3/5 1/5 1/5 3/5 1/5 1/5
2026-04-23 C 2/5 3/5 1/5 1/5 3/5 1/5 1/5
2026-04-22 C 2/5 3/5 1/5 1/5 3/5 1/5 1/5
2026-04-21 C- 1/5 3/5 1/5 1/5 2/5 1/5 1/5
2026-04-20 C- 1/5 3/5 1/5 1/5 2/5 1/5 1/5
2026-04-17 C- 1/5 3/5 1/5 1/5 2/5 1/5 1/5

Owner Earnings

Owner's Earnings (history)

Owner's Earnings history not available.

Owner alignment
Owner's Earnings TTM
OE per share TTM
Owner's Yield
Maintenance CapEx ratio
Maint CapEx / Avg PPE

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 22 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares Micro-Cap ETF IWC 0.13% 1.94M 0.60%
2 Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF GSSC 0.06% 576.0K 0.20%
3 iShares Russell 2000 Growth ETF IWO 0.04% 5.43M 0.24%
4 Fidelity Enhanced Small Cap ETF FESM 0.03% 1.45M 0.28%
5 iShares Russell 2000 BuyWrite ETF IWMW 0.02% 10.6K 0.39%
6 iShares Russell 2000 ETF IWM 0.02% 15.43M 0.19%
7 Invesco Russell 2000 UCITS ETF RTYS.L 0.02% 58.5K 0.25%
8 State Street SPDR Russell 2000 U.S. Small Cap UCITS ETF (Acc) R2US.L 0.02% 1.01M 0.30%
9 Xtrackers Russell 2000 UCITS ETF 1C XRSU.L 0.02% 465.0K 0.30%
10 iShares Russell 2500 ETF SMMD 0.01% 273.4K 0.23%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
Shares Outstanding
7.76M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jan Torleif Pedersen Chief Science Officer & Director 730.3K
Stephen D. Collins Chief Medical Officer 327.5K
Ryan E. S. K. Cheung CFO & Corporate Secretary 134.2K male
Alex Vasilkevich Chief Operating Officer & Senior Scientific Officer male
Emer Leahy Consultant
Ian McDonald Co-Founder, Chief Executive Officer, President & Director male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits