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Bullboard - Stock Discussion Forum Cipher Pharmaceuticals Inc T.CPH

Alternate Symbol(s):  CPHRF

Cipher Pharmaceuticals Inc. is a Canada-based specialty pharmaceutical company with a diversified portfolio of commercial and early to late-stage products. The Company acquires products that fulfill unmet medical needs, manages the required clinical development and regulatory approval process, and markets those products either directly in Canada or indirectly through partners in Canada, the... see more

TSX:CPH - Post Discussion

Cipher Pharmaceuticals Inc > CPH: Debt-Free since October 30, 2020
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Post by stockfy on Jan 20, 2021 5:33pm

CPH: Debt-Free since October 30, 2020

CPH has been debt free since October 30, 2020, facts below:


"The Company generated $5.5 million in cash from operating activities during the nine-month period ended September 30, 2020 . As of September 30, 2020 , the Company had cash of $4.7 million and $1.7 million drawn on the credit facility. The Company's credit facility has been paid off as at October 30, 2020 ."
Comment by Cgbuddy on Jan 21, 2021 11:09am
ca you explain the big dump to 0.70 cent ? i hesitate to enter this stock as new investor ,it seem a lot of occult selling have occur 5 day ago in a market rally seem strange....