TSX-V

NurExone Biologic Inc.

NRX.V•Healthcare•Biotechnology
Current Price
$0.53
Today's Change
-3.64%
Market Cap
$50.63M
Volume
2.00K

💡 Quick Take

NurExone Biologic Inc. develops exosome-based therapies targeting central nervous system injuries. While the company has a solid liquidity position with a current ratio of 1.94 and low debt levels (0.06), it faces significant profitability challenges, reflected in its negative ROE (-120.5%) and ROA (-64.5%). The recent price drop of 3.64% raises concerns about market sentiment. Overall, while the innovative approach is promising, financial health indicators suggest a need for improvement in operational efficiency and profitability.

Based on 20 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.76
52 Week Low$0.43
Avg Volume22.36K
Beta0.33
Shares Outstanding92.05M

🔥 Valuation

Market Cap$50.63M
Enterprise Value$51.10M
P/E RatioN/A
EV/EBITDAN/A
Dividend Yield0.00%

Loading financial metrics...

🚩 Red Flags

🟠

Limited Cash Runway

Company is burning $513K per quarter with $1.2M in cash. Approximately 2.4 quarters of runway at current burn rate.

🟠

Significant Losses

Company posted a loss of $-3.5M over the last year, representing Infinity% of revenue.

🌟 Opportunities

🚀

Fortress balance sheet: cash covers total debt 13×, providing significant financial flexibility.

Want the Complete Picture?

Valuation, risk assessment, competitive positioning, and key insights — all in one report.

Free account:3 reports remaining

Recent Developments

Loading news...

Similar companies

Other Biotechnology companies of a similar size