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Psyence Biomedical Ltd. (PBM)

Healthcare | Biotechnology | Toronto, Canada | NasdaqCM
2.85 USD -0.12 (-4.040%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 2.87 +0.02 (0.533%) ⇧ (July 13, 2026, 6:58 p.m. EDT)

Short-term:★★⯪☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:30 a.m. EDT

The stock is currently trading at a fraction of its book value, yet the underlying business is fundamentally broken with negative returns on assets and equity, massive cash burn, and no earnings. While recent headlines suggest a speculative surge driven by psychedelic policy trends and clinical trial updates, the price action reveals a brutal reality: the asset has lost 99.9% of its value over the last three years, with two consecutive years of catastrophic declines. This multi-year structural deterioration indicates that the market has priced out the business entirely, regardless of the current hype cycle. With no dividend to provide income and a balance sheet showing free cash flow outflows, there is no margin of safety here. The recent price bounce appears to be a volatile, high-risk event rather than a reversal of fortunes, leaving the investment case severely compromised for both immediate and long-term horizons.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.476365
MSTL0.489606
AutoARIMA0.495652
AutoTheta0.974736

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 25%
H-stat 11.40
Ljung-Box p 0.000
Jarque-Bera p 0.220
Excess Kurtosis -1.03
Attribute Value
Sector Healthcare
Market Cap 10,870,834
Beta 1.68
Previous Name Psyence Therapeutics Corp.
Website https://psyencebiomed.com

Info Dump

Attribute Value
52 Week Change -0.9858149
Address1 121 Richmond Street West
Address2 Penthouse Suite 1300
All Time High 341,015.62
All Time Low 1.92
Ask 3.66
Ask Size 2
Average Daily Volume10 Day 30,930
Average Daily Volume3 Month 2,664,088
Average Volume 2,664,088
Average Volume10Days 30,930
Beta 1.681
Bid 2.11
Bid Size 2
Book Value 7.389
City Toronto
Compensation As Of Epoch Date 1,798,675,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 2.85
Current Ratio 14.619
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 2.985
Day Low 2.82
Display Name Psyence Biomedical
Ebitda -6,232,245
Ebitda Margins 0.0
Enterprise To Ebitda -0.55
Enterprise Value 3,426,071
Eps Trailing Twelve Months -12.56
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.0596
Fifty Day Average Change -1.2096
Fifty Day Average Change Percent -0.2979604
Fifty Two Week Change Percent -98.58149
Fifty Two Week High 468.35938
Fifty Two Week High Change -465.50937
Fifty Two Week High Change Percent -0.9939149
Fifty Two Week Low 1.92
Fifty Two Week Low Change 0.92999995
Fifty Two Week Low Change Percent 0.48437497
Fifty Two Week Range 1.92 - 468.35938
Financial Currency USD
First Trade Date Milliseconds 1,639,146,600,000
Float Shares 2,607,742
Free Cashflow -4,955,898
Full Exchange Name NasdaqCM
Full Time Employees 12
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.0297
Held Percent Institutions 0.0402
Implied Shares Outstanding 3,814,328
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,024-01-26
Language en-US
Last Fiscal Year End 1,774,915,200
Last Split Date 1,769,990,400
Last Split Factor 16:100
Long Business Summary Psyence Biomedical Ltd., an integrated biopharmaceutical company, focuses on the development of botanical psilocybin-based psychedelic medicines. Its lead product candidate is NPX-5, a botanical drug candidate that is in Phase IIb clinical study for the treatment of adjustment disorder in patients with cancer in a palliative care setting. The company is based in Toronto, Canada. Psyence Biomedical Ltd. is a subsidiary of Psyence Group Inc.
Long Name Psyence Biomedical Ltd.
Market us_market
Market Cap 10,870,834
Market State PREPRE
Max Age 86,400
Message Board Id finmb_698500412
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common -6,936,421
Next Fiscal Year End 1,806,451,200
Non Diluted Market Cap 11,214,124
Open 2.921
Operating Cashflow -8,143,007
Operating Margins 0.0
Payout Ratio 0.0
Phone 416-477-1708
Post Market Change 0.015200138
Post Market Change Percent 0.5333382
Post Market Price 2.8652
Post Market Time 1,783,983,529
Prev Name Psyence Therapeutics Corp.
Previous Close 2.97
Price Hint 4
Price To Book 0.38570848
Profit Margins 0.0
Quick Ratio 12.122
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.12
Regular Market Change Percent -4.04041
Regular Market Day High 2.985
Regular Market Day Low 2.82
Regular Market Day Range 2.82 - 2.985
Regular Market Open 2.921
Regular Market Previous Close 2.97
Regular Market Price 2.85
Regular Market Time 1,783,972,800
Regular Market Volume 29,688
Return On Assets -0.31333
Return On Equity -0.58619
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 3,814,328
Shares Percent Shares Out 0.0094
Shares Short 36,005
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 25,988
Short Name Psyence Biomedical Ltd.
Short Percent Of Float 0.0135
Short Ratio 0.49
Source Interval 15
State ON
Symbol PBM
Total Cash 7,444,763
Total Cash Per Share 1.952
Total Debt 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -12.56
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 37.4878
Two Hundred Day Average Change -34.637802
Two Hundred Day Average Change Percent -0.9239753
Type Disp Equity
Volume 29,688
Website https://psyencebiomed.com
Zip M5H 2K1