NASDAQ:INM

InMed Pharmaceuticals (INM) Stock Price, News & Analysis

$0.26
-0.04 (-14.55%)
(As of 03:07 PM ET)
Today's Range
$0.25
$0.27
50-Day Range
$0.27
$0.44
52-Week Range
$0.25
$2.08
Volume
591,690 shs
Average Volume
314,060 shs
Market Capitalization
$1.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
INM stock logo

About InMed Pharmaceuticals Stock (NASDAQ:INM)

InMed Pharmaceuticals Inc., a clinical stage pharmaceutical company, develops a pipeline of prescription-based products. The company operates through two segments, the InMed and the BayMedica. The InMed segment researches and develops cannabinoid-based pharmaceuticals products. The BayMedica segment develops proprietary manufacturing technologies to produce and sell rare cannabinoids for the health and wellness industry. Its prescription-based products include rare cannabinoids and novel cannabinoid analogs for the treatment of diseases with high unmet medical needs. The company's lead product is INM-755, a cannabinol topical skin cream, completed Phase 2 clinical trial for the treatment of epidermolysis bullosa. It also develops INM-088, which is in preclinical studies for the treatment of glaucoma; and INM-900 for neurodegenerative diseases. In addition, the company offers IntegraSyn, an integrated biosynthesis-based manufacturing approach, for pharmaceutical-grade cannabinoids; and cannabichromene, cannabicitran, cannabidivarin, and tetrahydrocannabivarin. The company was formerly known as Cannabis Technologies Inc. and changed its name to InMed Pharmaceuticals Inc. in October 2014. InMed Pharmaceuticals Inc. was incorporated in 1981 and is headquartered in Vancouver, Canada.

INM Stock Price History

INM Stock News Headlines

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InMed Pharmaceuticals Welcomes New CFO Neeta Jagpal
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InMed Announces Results of 2023 Annual General Meeting
InMed Pharmaceuticals Inc INM
Why Is InMed Pharmaceuticals (INM) Stock Down 25% Today?
INM - InMed Pharmaceuticals Inc.
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
4/25/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:INM
Fax
N/A
Employees
13
Year Founded
N/A

Profitability

Net Income
$-7,950,000.00
Net Margins
-115.76%
Pretax Margin
-115.71%

Debt

Sales & Book Value

Annual Sales
$4.14 million
Book Value
$3.63 per share

Miscellaneous

Free Float
5,973,000
Market Cap
$1.57 million
Optionable
Not Optionable
Beta
0.10
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Key Executives

  • Mr. Eric A. Adams B.S. Chem. (Age 61)
    M.I.B., President, CEO & Director
    Comp: $347.82k
  • Mr. Michael Woudenberg P.Eng. (Age 55)
    Chief Operating Officer
    Comp: $287.54k
  • Ms. Alexandra Diane-Janet Mancini M.Sc. (Age 71)
    Senior Vice President of Clinical & Regulatory Affairs
    Comp: $279.39k
  • Dr. Sazzad Hossain M.Sc. (Age 66)
    Ph.D., Co-Founder
    Comp: $135.99k
  • Ms. N. Netta Jagpal (Age 51)
    CFO & Corporate Secretary
  • Ms. Sarah Li CPA
    CGA, VP of Accounting & Controller
  • Colin Clancy
    Senior Director of Investor Relations
  • Mr. Jerry P. Griffin
    Vice President of Sales & Marketing
  • Dr. Eric Chih-Hsien Hsu (Age 54)
    Senior Vice President of Preclinical Research & Development
    Comp: $253.46k
  • Dr. Shane A. Johnson Ph.D.
    Senior VP & GM of BayMedica

INM Stock Analysis - Frequently Asked Questions

How have INM shares performed in 2024?

InMed Pharmaceuticals' stock was trading at $0.4160 at the start of the year. Since then, INM shares have decreased by 37.8% and is now trading at $0.2589.
View the best growth stocks for 2024 here
.

Are investors shorting InMed Pharmaceuticals?

InMed Pharmaceuticals saw a increase in short interest in April. As of April 15th, there was short interest totaling 114,500 shares, an increase of 1,011.7% from the March 31st total of 10,300 shares. Based on an average trading volume of 350,700 shares, the days-to-cover ratio is presently 0.3 days.
View InMed Pharmaceuticals' Short Interest
.

When is InMed Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our INM earnings forecast
.

How were InMed Pharmaceuticals' earnings last quarter?

InMed Pharmaceuticals Inc. (NASDAQ:INM) announced its quarterly earnings data on Tuesday, February, 13th. The company reported ($0.19) earnings per share for the quarter. The company had revenue of $1.24 million for the quarter. InMed Pharmaceuticals had a negative net margin of 115.76% and a negative trailing twelve-month return on equity of 54.31%.

When did InMed Pharmaceuticals' stock split?

InMed Pharmaceuticals's stock reverse split on the morning of Wednesday, September 7th 2022. The 1-25 reverse split was announced on Wednesday, September 7th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, September 7th 2022. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

How do I buy shares of InMed Pharmaceuticals?

Shares of INM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:INM) was last updated on 4/25/2024 by MarketBeat.com Staff

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