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Psyence Group (TSE:PSYG)
:PSYG
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Psyence Group (PSYG) Price & Analysis

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PSYG Stock Chart & Stats

C$0.12
>-C$0.01(-33.33%)
At close: 4:00 PM EST
C$0.12
>-C$0.01(-33.33%)

Bulls Say, Bears Say

Bulls Say
Strategic Growth InitiativesThe share consolidation aims to provide greater flexibility for business development and growth, potentially improving market positioning and stakeholder interests.
Enhanced Research CapabilitiesAppointing a new chair enhances research capabilities in psilocybin-based treatments, supporting long-term development and innovation in psychedelic therapeutics.
Scientific Advisory Board ExpansionStrengthening the Scientific Advisory Board with a leader in psychopharmacology supports ongoing clinical trials and enhances the company's positioning in the psychedelic therapeutics industry.
Bears Say
Financial InstabilityThe company's financial instability, marked by persistent losses and negative equity, poses significant risks to its ability to sustain operations without external support.
Cash Flow IssuesPoor cash flow management and reliance on external funding indicate liquidity concerns, which could hinder the company's long-term financial health and operational sustainability.
Lack Of Revenue GenerationThe absence of revenue generation and negative profit margins reflect stagnant financial performance, challenging the company's ability to achieve profitability and sustain growth.

Psyence Group News

PSYG FAQ

What was Psyence Group’s price range in the past 12 months?
Psyence Group lowest stock price was C$0.11 and its highest was C$0.17 in the past 12 months.
    What is Psyence Group’s market cap?
    Psyence Group’s market cap is C$1.88M.
      When is Psyence Group’s upcoming earnings report date?
      Psyence Group’s upcoming earnings report date is Aug 04, 2026 which is in 42 days.
        How were Psyence Group’s earnings last quarter?
        Psyence Group released its earnings results on Mar 02, 2026. The company reported -C$0.004 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.004.
          Is Psyence Group overvalued?
          According to Wall Street analysts Psyence Group’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Psyence Group pay dividends?
            Psyence Group does not currently pay dividends.
            What is Psyence Group’s EPS estimate?
            Psyence Group’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Psyence Group have?
            Psyence Group has 15,638,267 shares outstanding.
              What happened to Psyence Group’s price movement after its last earnings report?
              Psyence Group reported an EPS of -C$0.004 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
                Which hedge fund is a major shareholder of Psyence Group?
                Currently, no hedge funds are holding shares in TSE:PSYG
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Psyence Group

                  Psyence Group Inc. is a life sciences biotechnology company primarily engaged in the commercial cultivation and production of psilocybin mushrooms. This naturally sourced psilocybin is intended for therapeutic applications, addressing a broad spectrum of mental health conditions and other medical ailments. The company is actively formulating pharmaceutical-grade psilocybin treatments designed to mitigate psychological trauma and recognized disorders such as anxiety, depression, post-traumatic stress disorder (PTSD), and the emotional distress linked to grief and bereavement. Furthermore, Psyence Group develops, distributes, and sells over-the-counter functional mushroom nutraceuticals, entirely free of psilocybin, under its GOODMIND brand. Established in 2019, the company maintains its headquarters in Toronto, Canada.

                  Psyence Group (PSYG) Earnings & Revenues

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