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Numinus Wellness Inc T.NUMI

Alternate Symbol(s):  NUMIF

Healthcare
Numinus Wellness Inc. is a Canada-based mental health care company. The Company helps people to heal and be well through the development and delivery of mental health care and access to safe, evidence-based psychedelic-assisted therapies. The Company's segments include Clinical Research Operations, Canadian Clinic Network and US Clinic Network. Its Clinical Research Operations is focused on licensed psychedelic research and provides clinical research management services to academic institutions and biotechnology companies. Its Canadian Clinic Network segment includes wellness clinics based in Canada offering clinical services, including traditional therapy and counseling, ketamine-assisted therapies, mindfulness programs, and virtual psychotherapy. The US Clinic Network segment includes wellness clinics based in the United States that offers clinical services, such as psychedelic-assisted therapies, transcranial magnetic stimulation, and psychiatric and medical model management.


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
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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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