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Restart Life Sciences (HEAL) AI Stock Analysis

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TSE:HEAL

Restart Life Sciences

(CNQX:HEAL)

Select Model
Rating:42Neutral
Price Target:CAD 0.06â–¼(-22.50% Downside)
Action:upgraded
Date:10/30/26

The score is held down primarily by weak financial performance (no recurring revenue, ongoing losses, and persistent cash burn) and a bearish technical setup (price below key moving averages with negative MACD and oversold RSI). Valuation offers limited support because the company is loss-making (negative P/E) and no dividend yield is available.

Positive Factors
Balance-sheet recoveryPositive equity in 2025 and modest leverage provide a stronger financial base than the preceding years. This improvement may support financing flexibility and reduce immediate balance-sheet pressure, although the benefit remains tempered by the company’s prior equity instability.
Negative Factors
No recurring revenueThe absence of recurring revenue leaves the business without a demonstrated commercial engine and makes operating losses difficult to absorb. Until revenue begins to scale consistently, the company’s ability to fund growth internally and establish durable earnings power remains very limited.

Restart Life Sciences (HEAL) vs. iShares MSCI Canada ETF (EWC)

-40%-20%0%20%40%60%TSE:HEAL-5.88%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 519.02K
Dividend Yield
―
Average Volume (3M)
89.94K
Price to Earnings (P/E)
-2.0
Beta (1Y)
0.49
Revenue Growth
―
EPS Growth
-450.88%
Country
Canada
Employees
3
Sector
Healthcare
Sector Strength
51
Industry
Biotechnology

Restart Life Sciences Business Overview & Revenue Model

Company Description

Operating internationally through its various subsidiaries, Restart Life Sciences Corp. functions as a biotechnology firm. Its core endeavors include the creation of natural therapeutic remedies tailored for individuals with autism spectrum disorder,...

Restart Life Sciences Financial Statement Overview

Summary

Overall financials are weak: revenue is effectively zero from 2021–2025 with persistent operating losses and negative operating/free cash flow (ongoing cash burn). The main offset is balance-sheet stabilization into 2025 (equity back to positive and relatively low debt), but funding dependence remains a key risk.

Income Statement

12Very Negative

Balance Sheet

38Negative

Cash Flow

20Very Negative
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue465.71K00000
Gross Profit-815.18K0025.41K-3,792-4,998
EBITDA-1.52M-1.34M-656.20K-1.20M-1.84M-2.68M
Net Income-1.50M-1.39M224.75K-1.22M-3.76M-2.68M
Balance Sheet
Total Assets1.90M1.77M190.40K31.06K296.79K881.16K
Cash, Cash Equivalents and Short-Term Investments762.36K1.65M169.95K8,088266.52K218.73K
Total Debt348.35K245.36K79.88K000
Total Liabilities578.90K480.21K489.47K841.66K255.44K422.06K
Stockholders Equity1.32M1.29M-299.07K-810.60K41.34K459.10K
Cash Flow
Free Cash Flow-906.33K-717.22K-71.77K-277.53K-1.44M-1.95M
Operating Cash Flow-906.33K-717.22K-71.77K-277.53K-1.44M-1.95M
Investing Cash Flow-944.52K000029.64K
Financing Cash Flow2.40M2.30M75.00K19.10K1.49M0

Restart Life Sciences Technical Analysis

Technical Analysis SentimentPositive
Last Price0.08

Price Trends

50DMA0.07Positive
100DMA0.08Positive
200DMA0.09Negative

Market Momentum

MACD-0.00Negative
RSI61.86Neutral
STOCH33.33Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HEAL, the sentiment is Positive. The current price of 0.08 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.07, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 61.86 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:HEAL.

Restart Life Sciences Peers Comparison

Overall Rating

UnderperformOutperform
Sector (51)

Financial Indicators

TSE:HEAL against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *51Neutral$7.86B-0.30-43.30%2.27%22.53%-2.21%
TSE:HEALTSE:HEAL42NeutralCAD 5.00M-1.96-170.82%――-450.88%

* Healthcare Sector Average

Performance Comparison

-50%0%50%TSE:HEALTSE:MYNDTSE:IBOTSE:MBIODec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:HEAL and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:HEALRestart Life Sciences Corp.0.08-0.01-15.79%
TSE:MYNDMynd Life Sciences Inc0.070.000.00%
TSE:IBOUniversal Ibogaine Inc0.010.000.00%
TSE:MBIOMindbio Therapeutics Corp.0.10-1.90-94.75%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 30, 2026