TSX-V

XORTX Therapeutics Inc.

XRTX.V•Healthcare•Biotechnology
Current Price
$3.19
Today's Change
+0.00%
Market Cap
$888.38K
Volume
880.00

💡 Quick Take

XORTX Therapeutics Inc. is a late-stage clinical pharmaceutical company focused on developing therapies for gout and progressive kidney disease. While it has a solid current ratio of 1.62, indicating good liquidity, its negative ROE and ROA suggest ongoing financial struggles. The low market cap of $888.38K raises concerns about investor confidence and potential growth. Overall, the company shows promise in its niche but faces significant challenges in profitability and market perception.

Based on 21 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$9.85
52 Week Low$2.42
Avg Volume313.00
Beta0.17
Shares Outstanding278.49K

🔥 Valuation

Market Cap$888.38K
Enterprise Value$4.80M
P/E Ratio-0.85
EV/EBITDA-0.34x
Dividend Yield0.00%

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🚩 Red Flags

🔴

Cash Runway Critical

Company has $1.2M in cash but burned $738K last quarter. At this burn rate, only 1.6 quarters of runway remain without additional financing.

🟠

Significant Losses

Company posted a loss of $-1.9M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $3.0M over the last year.

🌟 Opportunities

🚀

Fortress balance sheet: cash covers total debt 20×, providing significant financial flexibility.

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