InMed Pharmaceuticals (INM) Stock Price, News & Analysis

Company Overview

InMed Pharmaceuticals Inc., a clinical stage pharmaceutical company, develops a pipeline of prescription-based products. The company operates through two segments, the InMed and the BayMedica. The InMed segment researches and develops cannabinoid-based pharmaceuticals products. The BayMedica segment develops proprietary manufacturing technologies to produce and sell rare cannabinoids for the health and wellness industry. Its prescription-based products include rare cannabinoids and novel cannabinoid analogs for the treatment of diseases with high unmet medical needs. The company's lead product is INM-755, a cannabinol topical skin cream, completed Phase 2 clinical trial for the treatment of epidermolysis bullosa. It also develops INM-088, which is in preclinical studies for the treatment of glaucoma; and INM-900 for neurodegenerative diseases. In addition, the company offers IntegraSyn, an integrated biosynthesis-based manufacturing approach, for pharmaceutical-grade cannabinoids; and cannabichromene, cannabicitran, cannabidivarin, and tetrahydrocannabivarin. The company was formerly known as Cannabis Technologies Inc. and changed its name to InMed Pharmaceuticals Inc. in October 2014. InMed Pharmaceuticals Inc. was incorporated in 1981 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: $2.63 to $2.93
• 50-Day Range: $1.87 to $3.36
• 52-Week Range: $1.72 to $15.70
• Volume: 41,249 shs
• Average Volume: 245,634 shs
• Market Capitalization: $3.33 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

INM Stock Analysis - Frequently Asked Questions

How have INM shares performed this year?

InMed Pharmaceuticals' stock was trading at $4.74 at the start of the year. Since then, INM shares have decreased by 41.8% and is now trading at $2.76.
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How were InMed Pharmaceuticals' earnings last quarter?

InMed Pharmaceuticals Inc. (NASDAQ:INM) announced its earnings results on Monday, May, 12th. The company reported ($1.94) EPS for the quarter. The company earned $1.26 million during the quarter. InMed Pharmaceuticals had a negative trailing twelve-month return on equity of 90.74% and a negative net margin of 163.75%.

When did InMed Pharmaceuticals' stock split?

Shares of InMed Pharmaceuticals reverse split on the morning of Wednesday, September 7th 2022. The 1-25 reverse split was announced on Wednesday, September 7th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, September 7th 2022. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

How do I buy shares of InMed Pharmaceuticals?

Shares of INM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of InMed Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that InMed Pharmaceuticals investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Adobe (ADBE), Broadcom (AVGO), Tesla (TSLA) and PayPal (PYPL).

Company Calendar

• Last Earnings: 5/12/2025
• Today: 5/25/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Pharmaceutical preparations
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:INM
• CIK: 1728328
• Web: www.inmedpharma.com
• Phone: 604-669-7207
• Fax: N/A
• Employees: 10
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($12.09)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-7,680,000.00
• Net Margins: -163.75%
• Pretax Margin: -163.58%
• Return on Equity: -90.74%
• Return on Assets: -71.70%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 3.05
• Quick Ratio: 2.44

Sales & Book Value

• Annual Sales: $4.92 million
• Price / Sales: 0.68
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $5.12 per share
• Price / Book: 0.54

Miscellaneous

• Outstanding Shares: 1,207,000
• Free Float: 711,000
• Market Cap: $3.33 million
• Optionable: Not Optionable
• Beta: 0.21