Small Pharma (CVE:DMT) Shares Down 11.1%

Small Pharma Inc. (CVE:DMTGet Rating)’s share price traded down 11.1% during trading on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.08. 12,000 shares traded hands during trading, a decline of 95% from the average session volume of 241,725 shares. The stock had previously closed at C$0.09.

Small Pharma Stock Performance

The firm’s 50-day simple moving average is C$0.07 and its 200 day simple moving average is C$0.09. The company has a market cap of C$24.12 million, a P/E ratio of -0.94 and a beta of 1.97.

Small Pharma Company Profile

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Small Pharma Inc, a biotechnology company, focuses on developing short-acting psychedelics with therapy for the treatment of mental health conditions. Its clinical program is N,N-dimethyltryptamine assisted therapy to treat major depressive disorder. The company's product includes SPL026 Placebo, which is in clinical Phase IIA for the treatment of major depressive disorder.

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