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Numinus Wellness Inc T.NUMI

Alternate Symbol(s):  NUMIF

Healthcare
Numinus Wellness Inc. is a mental health care company. The Company focuses on advancing traditional and behavioral health treatments with a focus on safe, evidence-based psychedelic-assisted therapies. Its segments include Clinical research operations, Practitioner Training, Clinic network, and Corporate. Clinical research operations segment is focused on licensed psychedelic research and provides clinical research management services to academic institutions and biotechnology companies. Practitioner Training segment is engaged in education and training for research and drug development organizations to support clinical trials and commercialization efforts. Clinic network segment includes wellness clinics, which is engaged in providing clinical services from psychedelic-assisted therapies, transcranial magnetic stimulation, and psychiatric and medical model management. Corporate segment includes finance, marketing, information technology, legal, and human resources.


TSX:NUMI - Post by User

Numinus Wellness Inc > Insiders buying or not buying is weak
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Post by smallcaptdron Sep 07, 2022 11:56am
371 Views
Post# 34946835

Insiders buying or not buying is weak

Insiders buying or not buying is weakTheir market cap is close to $100 Mil and their cash position is $43 Mil with revenues that are up 35% but it's far from doubling so I realize that 1 analyst has a buy target of $1.10 but Eight Capital who gave the rating also bought at $0.34 so that a complete conflict of interest pumping a stock that you bought so with the market cap twice the price of their cash position this is getting close to the SP limit and they have been chewing through their cash fairly quickly so this has to be watched because they're not making enough profit to keep from using their cash. Just be careful.

Numinus Wellness Inc. NUMI*CA Stock Quotes and Insider News | Insider Tracking
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