E Pure-Play Psychedelic Drug Stocks Index Declined 5.7% This Week

41 psychedelic drug stocks trade on the various North American stock exchanges and in the past week only 9 went up in price while 31 went down and 1 had no change in price. [TM Editors' Note: This article discusses many penny stocks and/or microcaps. Such stocks can be easily manipulated; do your own careful due diligence.]

The 41 stocks consist of:

  • 7 micro-cap stocks (Group #1) with an average market capitalization of $197M,
  • 2 small-cap stocks (Group #2) with an average market capitalization of $1.16M,
  • 32 nano-cap stocks (Group #3) with an average market capitalization of just $33M.

Below is the stock price performance for each Group for the week ending April 16th with their performance in the last 8 weeks shown in brackets:

Group #1

The 7 stocks in Group #1:

  • have market capitalizations ranging from $104M to $315M and average $197M
  • declined 5.7% (+1.4%) and
  • are constituents in the munKNEE Pure-Play Psychedelic Drug Stocks Index as their market capitalizations are more than $100M and less than $1B.

The performance of the Group #1 constituents were, in descending order (with the last 2 months in brackets), as follows :

  1. Cybin (CLXPF): +4.5% (+27.3%) to $1.40/share
  2. Field Trip (FTRPF): +0.4% (+5.5%) to $4.82/share
  3. Seelos (SEEL): -3.5% (+22.9%) to $5.26/share
  4. Bionomics (BNOEF): -6.3% (-16.7%) to $0.15/share
  5. Numinus (LKYSF): -13.3% (-13.3%) to $0.72/share
  6. Revive (RVVTF): -17.1% (-10.5%) to $0.34/share
  7. Jaguar (JAGX): -29.7% (-29.3%) to $1.30/share 

Group #2

The two stocks in Group #2:

  • have market capitalizations of $920M and $1.4B
  • declined 4.4% (-24.1%) as follows:
    1. Compass Pathways (CMPS): -4.1% (-1.2%) to $34.35/share
    2. Mind Medicine (MMEDF): -9.7% (-2.4%) to $2.43/share

The above two stocks are not eligible for inclusion in the munKNEE Pure-Play Psychedelic Drug Stocks Index as their market capitalizations are so large that their inclusion would skew the performance results of the index so are reported above separately.

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