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Pharma Mar (PHMMF) Expected to Announce Quarterly Earnings on Thursday

Pharma Mar logo with Medical background
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Key Points

  • PharmaMar is expected to announce quarterly results on Thursday, April 23, with analysts projecting earnings of $0.2789 per share and revenue of $43.133 million.
  • The stock opened at $106.48 and trades above its 50-day and 200-day moving averages ($92.62 and $91.30), with a 52-week range of $80.91 to $110.40 and strong liquidity (quick ratio 2.44, current ratio 3.02) and low leverage (debt-to-equity 0.14).
  • PharmaMar is a Spain-based biopharmaceutical company focused on marine-derived oncology therapies, whose flagship drug Yondelis (trabectedin) is approved in the EU for soft tissue sarcoma and relapsed platinum-sensitive ovarian cancer.
  • MarketBeat previews the top five stocks to own by May 1st.

Pharma Mar (OTCMKTS:PHMMF - Get Free Report) is expected to be posting its resultson Thursday, April 23rd. Analysts expect Pharma Mar to post earnings of $0.2789 per share and revenue of $43.1330 million for the quarter.

Pharma Mar Stock Performance

PHMMF stock opened at $106.48 on Thursday. The company has a fifty day moving average price of $92.62 and a 200-day moving average price of $91.30. The company has a quick ratio of 2.44, a current ratio of 3.02 and a debt-to-equity ratio of 0.14. Pharma Mar has a 52-week low of $80.91 and a 52-week high of $110.40.

Pharma Mar Company Profile

(Get Free Report)

PharmaMar is a Spain-based biopharmaceutical company that specializes in the discovery and development of novel oncology therapies derived from marine organisms. Founded in 1986 as part of Grupo Zeltia, the company has pioneered the use of compounds extracted from deep-sea organisms to create synthetic analogs aimed at treating various forms of cancer. Its core expertise lies in marine biotechnology, medicinal chemistry and oncology-focused clinical development.

The company's flagship product is Yondelis (trabectedin), an antitumor agent approved in the European Union for the treatment of soft tissue sarcoma and relapsed platinum-sensitive ovarian cancer.

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