Cardiol Therapeutics (CT9) Stock Price & Analysis
CT9 Stock Chart & Stats
- Day’s Range
- EUR 0.76 - EUR 0.84
- 52-Week Range
- EUR 0.73 - EUR 1.95
- Previous Close
- EUR 0.80
- Volume
- N/A
- Average Volume (3M)
- 406
- Market Cap
- EUR 108.09M
- Enterprise Value
- EUR 145.28M
- Total Cash (Recent Filing)
- EUR 26.08M
- Total Debt (Recent Filing)
- EUR 107.00K
- Price to Earnings (P/E)
- ―
- Beta
- 0.69
- Next Earnings
- Nov 12, 2026 (Est.)
- EPS Estimate
- -0.06
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage
Very low debt reduces financial risk and limits mandatory interest obligations while the company funds clinical development. This conservative leverage profile preserves flexibility to allocate capital toward research, trials, and regulatory work without a large debt burden.
Improving Net Loss
The reduction in annual net loss provides a modest indication that cost growth has not accelerated relative to the prior year. If maintained, better loss control could extend the usefulness of available capital and support more disciplined progression of the development pipeline.
Focused Clinical Pipeline
A focused pipeline targeting inflammatory and fibrotic heart diseases gives Cardiol a defined therapeutic strategy rather than a broad, unfocused research effort. Progress in these programs could create value through clinical advancement, regulatory approval, or eventual partnering.
Bears Say
Pre-Revenue Business
The absence of meaningful revenue means Cardiol has not yet demonstrated commercial demand or an operating model funded by customers. Until a candidate is approved and launched, financial performance will remain dependent on clinical progress rather than recurring product sales.
Persistent Cash Burn
Sustained negative operating and free cash flow shows that ongoing research and operations consume substantial cash. Because cash burn closely mirrors accounting losses, the company may need continued capital access to maintain development activity over the coming quarters.
Funding Dependence
Reliance on external financing makes clinical execution sensitive to the company’s ability to raise capital on acceptable terms. Continued funding needs can dilute existing ownership or constrain the pace of trials, regulatory work, and pipeline investment.
Cardiol Therapeutics News
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Cardiol Therapeutics Stock Smart Score
Company Description
Cardiol Therapeutics
Cardiol Therapeutics Inc. operates as a clinical-stage life sciences company, primarily engaged in the discovery and advancement of treatments designed to combat fibrosis and inflammation within the context of cardiovascular diseases. Its flagship product, CardiolRx, is currently undergoing a significant Phase II/III international clinical trial. This extensive study is randomized, double-blind, and placebo-controlled, evaluating CardiolRx's efficacy and safety as a heart-protective therapy to mitigate cardiovascular and respiratory issues in individuals hospitalized with COVID-19. Concurrently, the trial also assesses CardiolRx's role in addressing acute myocarditis. Beyond this, the company is developing an injectable, subcutaneous formulation of CardiolRx, intended to target cardiac scarring and inflammation that contribute to the development and worsening of heart failure. Established in 2017, Cardiol Therapeutics Inc. is based in Oakville, Canada.
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- CEO
- David G. Elsley
- Employees
- 18
- Website
- www.cardiolrx.com
- Address
- 2265 Upper Middle Road East, Oakville, ON, L6H 0G5, CA
Cardiol Therapeutics (CT9) Earnings & Revenues
CT9 Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 5 | 2 | 15 |
| Technical Analysis | 5 | 2 | 3 |
| Moving Averages | 0 | 0 | 12 |











