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NervGen Pharma Corp. (NGEN)

Healthcare | Biotechnology | Vancouver, Canada | NasdaqCM
2.28 USD -0.06 (-2.355%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.27 -0.01 (-0.010%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 6:03 a.m. EDT

The investment case for NervGen Pharma is currently paralyzed by a severe disconnect between optimistic analyst targets and deteriorating operational reality. While a single analyst maintains a $10.00 price target, the company's fundamentals tell a different story: negative earnings, negative return on equity, and a recent voluntary delisting from the TSX Venture Exchange. This delisting is a critical red flag, signaling that the exchange itself views the listing as unsustainable, likely due to liquidity or compliance issues. The stock has recently suffered from dilutive share offerings, further eroding shareholder value. Although the multi-year price trajectory shows a nominal gain, this is driven by past rallies rather than current momentum, as the stock trades significantly below its 200-day average. With no dividend to provide income and a statistical forecast showing no directional edge, the security offers no clear catalyst for immediate appreciation. The speculative options activity at distant strikes highlights the allure of a turnaround story, but without visible progress in clinical trials or revenue, this remains a high-risk gamble rather than an investment opportunity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.102329
AutoETS0.103215
AutoTheta0.103406
MSTL0.109034

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 34%
H-stat 1.91
Ljung-Box p 0.000
Jarque-Bera p 0.050
Excess Kurtosis -0.26
Attribute Value
Sector Healthcare
Market Cap 245,151,600
Forward P/E -6.68
Beta 0.69
Website https://nervgen.com

As of Aug. 22, 2026, 6:03 a.m. EDT: Options activity is extremely thin with negligible volume and open interest across nearly all expirations. The only notable positioning involves out-of-the-money calls at the $5.00 strike, which represents a speculative bet on a massive rally but lacks supporting volume. Put activity is virtually non-existent, indicating a lack of hedging demand or bearish positioning. Implied volatility is flat or zero for most strikes, suggesting a lack of liquidity and pricing inefficiency rather than a clear directional signal.


Info Dump

Attribute Value
52 Week Change -0.12240183
Address1 112-970 Burrard Street
Address2 Unit 1290
All Time High 6.3
All Time Low 0.55
Ask 2.9
Ask Size 2
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 650,040
Average Daily Volume3 Month 710,671
Average Volume 710,671
Average Volume10Days 650,040
Beta 0.686
Bid 2.29
Bid Size 1
Book Value 0.13481016
City Vancouver
Compensation As Of Epoch Date 1,767,139,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 2.28
Current Ratio 1.232
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 2.4
Day Low 2.245
Display Name NervGen Pharma
Earnings Timestamp 1,786,624,200
Earnings Timestamp End 1,795,437,000
Earnings Timestamp Start 1,795,437,000
Ebitda -32,247,372
Ebitda Margins 0.0
Enterprise To Ebitda -4.911
Enterprise Value 158,361,904
Eps Current Year -0.502
Eps Forward -0.34133
Eps Trailing Twelve Months -0.56
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.8435
Fifty Day Average Change 0.43649995
Fifty Day Average Change Percent 0.23677784
Fifty Two Week Change Percent -12.240183
Fifty Two Week High 6.3
Fifty Two Week High Change -4.0200005
Fifty Two Week High Change Percent -0.6380953
Fifty Two Week Low 1.58
Fifty Two Week Low Change 0.6999999
Fifty Two Week Low Change Percent 0.44303793
Fifty Two Week Range 1.58 - 6.3
Financial Currency CAD
First Trade Date Milliseconds 1,554,298,200,000
Float Shares 95,390,854
Forward Eps -0.34133
Forward P E -6.679753
Free Cashflow 38,391,200
Full Exchange Name NasdaqCM
Full Time Employees 9
Fullday Change -0.0550001
Fullday Change Percent -2.35546
Fullday Price 2.27
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.15538
Held Percent Institutions 0.11158
Implied Shares Outstanding 107,522,633
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,026-01-08
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary NervGen Pharma Corp., a biotechnology company, engages in the discovery, development, and commercialization of pharmaceutical treatments to promote nervous system repair in settings of neurotrauma and neurologic disease. The company's lead product candidate is NVG-291 that is in Phase 1b/2a clinical trial for the treatment of spinal cord injuries (SCI), stroke, multiple sclerosis, and Alzheimer's disease; and NVG-300, which is in a preclinical model of ischemic stroke, amyotrophic lateral sclerosis, and confirmatory SCI study. NervGen Pharma Corp. has a licensing agreement with Case Western Reserve University to develop and commercialize a patented technology with therapeutic potential for spinal cord injury and other conditions associated with nerve damage. NervGen Pharma Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.
Long Name NervGen Pharma Corp.
Market us_market
Market Cap 245,151,600
Market State CLOSED
Max Age 86,400
Message Board Id finmb_577702483
Most Recent Quarter 1,782,777,600
Net Income To Common -61,957,708
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 251,065,348
Number Of Analyst Opinions 1
Open 2.34
Operating Cashflow -25,647,716
Operating Margins 0.0
Payout Ratio 0.0
Phone 778 731 1711
Post Market Change -0.00999999
Post Market Change Percent -0.43859607
Post Market Price 2.27
Post Market Time 1,787,959,859
Previous Close 2.335
Price Eps Current Year -4.541833
Price Hint 4
Price To Book 16.91267
Profit Margins 0.0
Quick Ratio 1.193
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change -0.0550001
Regular Market Change Percent -2.35546
Regular Market Day High 2.4
Regular Market Day Low 2.245
Regular Market Day Range 2.245 - 2.4
Regular Market Open 2.34
Regular Market Previous Close 2.335
Regular Market Price 2.28
Regular Market Time 1,787,947,200
Regular Market Volume 868,852
Return On Assets -0.37697
Return On Equity -7.57482
Sand P52 Week Change 0.20204377
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 107,522,633
Shares Percent Shares Out 0.0496
Shares Short 5,438,334
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 4,512,061
Short Name NervGen Pharma Corp.
Short Ratio 9.7
Source Interval 15
State BC
Symbol NGEN
Target High Price 10.0
Target Low Price 10.0
Target Mean Price 10.0
Target Median Price 10.0
Total Cash 86,789,696
Total Cash Per Share 0.807
Total Debt 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.56
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.38099
Two Hundred Day Average Change -1.10099
Two Hundred Day Average Change Percent -0.32564133
Type Disp Equity
Volume 868,852
Website https://nervgen.com
Zip V6Z 2R4