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Milestone Pharmaceuticals Inc. MIST PHARMA

Healthcare · Biotechnology · Canada
https://www.milestonepharma.com
Company Profile ↓
$1.12
-35.34% 1Y
Mkt Cap$139.44M
P/E-1.72
P/B7.10
52W High$2.95
52W Low$1.01
Book Value$0.13
EPS (TTM)$-0.65

Company Overview

Milestone Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of cardiovascular medicines in the United States and Canada. It offers CARDAMYST (etripamil) nasal spray, a prescription medication for the conversion of acute symptomatic episodes of paroxysmal supraventricular tachycardia (PSVT) to sinus rhythm in adults. The company is also developing etripamil for the indication of atrial fibrillation with rapid ventricular rate (AFib-RVR). It has a license and collaboration agreement with Corxel Pharmaceuticals to develop and commercialize etripamil. Milestone Pharmaceuticals Inc.was incorporated in 2003 and is headquartered in Montreal, Canada.

Growth & Price Performance

Stock Price Performance

1 Year:-35.34%
6 Months:-32.63%
3 Months:-8.54%
1 Month:-7.79%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 6% of range
$1.01 $2.95
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)46.48 · Neutral
Price Performance
1M-7.79%
3M-8.54%
6M-32.63%
1Y-35.34%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

No notable strengths flagged.

CONS

  • Trading 61.9% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-1.72
Industry PE
24.83
Forward P/E
-1.45
PEG Ratio
-
Book Value
$0.13
Price to Book
7.10
P/S
48.66
EV/EBITDA
-1.29
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
-
Profit 5Y
-
Revenue (YoY)
-
Earnings (YoY)
-

Profitability & Returns

ROCE
-62.40%
ROE
-
ROA
-42.78%
Profit Margin
0.00%
Op Margin
-
Gross Margin
98.04%
EPS (Latest Qtr)
$-0.20
EPS (TTM)
$-0.65

Balance Sheet & Liquidity

Debt/Equity
7.79
Quick Ratio
7.87
Current Ratio
8.13
Debt
$141.83M
Total Assets
$193.73M
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
0.70%
Chg in Prom Hold
-
FII / Inst Holding
50.57%
Chg in FII Hold
8.70%

Financial Snapshot

Enterprise Value
$139.44M
Total Revenue (TTM)
$2.34M
EBITDA
$-78.21M
Free Cash Flow
$-41.69M
Operating Cash Flow
$-61.29M
Shares Outstanding
124.50M
Gross Margin
98.04%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MIST Milestone Pharmaceuticals Inc. PHARMA 1.12 -1.72 $139.44M 0.00% -62.40% - - -
2 LLY Eli Lilly and Company SPXR3KPHARMA 1,123.91 37.80 $1.00T 0.60% - 102.29% 7.20% 11.41%
3 JNJ Johnson & Johnson SPXR3KPHARMA 269.12 31.22 $648.55B 1.98% 14.88% 25.74% 2.43% 4.76%
4 ABBV AbbVie Inc. SPXR3KPHARMA 248.78 70.48 $439.62B 2.78% 10.47% -129.24% 1.75% -29.06%
5 MRK Merck & Co., Inc. SPXR3KPHARMA 148.46 118.77 $366.28B 2.31% - 6.96% 5.64% 10.01%
6 UNH UnitedHealth Group Incorporated SPXR3KPHARMA 400.84 25.74 $359.79B 2.47% 9.74% 14.15% 10.40% 5.43%
7 NVS Novartis AG PHARMA 137.70 20.80 $261.73B 3.36% 21.09% 30.35% 9.25% 26.22%
8 AZN AstraZeneca PLC NDXPHARMA 160.04 23.99 $248.20B 2.00% 15.97% 21.96% 9.82% 45.96%
9 TMO Thermo Fisher Scientific Inc. SPXR3KPHARMA 603.02 32.49 $222.97B 0.29% 8.14% 13.51% 8.81% 12.95%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2018Jun 2018Sep 2018Mar 2019Jun 2019Sep 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue ---------------------0--238.00K
Operating Income -4.25M-3.68M-5.79M-10.93M-14.33M-13.72M-16.76M-13.11M-12.09M-12.59M712.00K-14.27M-14.05M-16.81M-15.03M-15.50M-16.44M-15.36M-10.48M-9.66M-9.62M-20.52M-12.53M-11.83M-23.66M
Net Income -4.18M-3.59M-5.70M-10.45M-13.66M-12.83M-16.34M-12.98M-11.98M-12.51M770.00K-14.22M-14.01M-16.65M-14.56M-14.95M-16.04M-15.08M-10.35M-9.36M-9.44M-20.76M-12.97M-11.92M-26.07M
Diluted EPS --------0.53--0.300.02-0.34-0.33-0.39-0.34-0.35-0.37-0.35-0.21-0.14-0.14-0.31-0.20-0.12-0.20
R&D Expense 3.09M2.55M3.91M7.76M10.53M9.54M11.87M8.62M8.23M8.60M9.43M9.73M8.77M10.66M9.83M10.26M8.62M6.72M3.64M2.81M3.96M4.98M3.67M3.94M3.25M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Income -23.82M-57.88M-50.71M-43.07M-59.64M-61.10M-42.10M-62.14M
Net Income -23.18M-55.23M-49.97M-42.85M-58.39M-59.69M-41.52M-63.06M
Diluted EPS ---1.70-1.02-1.38-1.39-0.67-0.75
R&D Expense 16.85M41.98M34.49M38.67M39.83M31.05M14.36M18.11M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -88.08M123.43M149.97M119.85M74.48M75.23M75.50M113.56M
Total Equity 25.98M83.55M114.92M143.12M112.60M66.35M16.77M13.15M41.77M
Cash & Equivalents -85.95M119.82M72.31M114.14M7.64M13.76M25.31M73.05M
Long Term Debt --0---49.77M53.35M57.19M
Total Liabilities -4.53M8.51M6.86M7.25M8.13M58.45M62.35M71.79M
Current Liabilities -4.53M8.33M6.16M6.78M6.14M7.23M8.13M13.98M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -21.05M-51.15M-50.73M-33.22M-52.47M-46.42M-28.85M-49.04M
Investing Cash Flow 16.00M-384.00K-70.00M70.00M-57.12M4.76M8.28M11.25M
Financing Cash Flow 80.11M85.41M73.22M5.05M3.09M47.79M32.12M85.53M
Capital Expenditure -5.00K-413.00K---272.00K-112.00K-33.00K-302.00K
Free Cash Flow -21.05M-51.56M---52.74M-46.54M-28.88M-49.34M

Ratios (Annual)

Figures in %.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % --------
Operating Margin % --------
Net Margin % --------
ROE % -27.8%-48.1%-34.9%-38.1%-88.0%-355.9%-315.8%-151.0%
ROCE % -28.5%-50.3%-35.3%-38.1%-87.3%-89.8%-62.5%-62.4%

Shareholding Pattern

Insiders
0.70%
Institutions
50.57%
Public Float
50.92%

Top Institutional Holders

#Holder% HeldSharesValue
1 Pavaki Capital Management LLC 7.28% 9.07M $8.30M
2 RTW Investments LP 6.29% 7.83M $7.17M
3 Propel Bio Management, LLC 5.97% 7.43M $6.80M
4 Point72 Asset Management, L.P. 4.35% 5.41M $4.96M
5 Simplify Asset Management, Inc. 2.69% 3.35M $3.07M
6 Millennium Management Llc 2.52% 3.14M $2.88M
7 Two Sigma Investments, LP 1.64% 2.04M $1.87M
8 Marshall Wace LLP 1.44% 1.80M $1.65M
9 Kalehua Capital Management LLC 1.02% 1.27M $1.16M
10 Lion Point Capital, LP 0.66% 820.00K $750.96K

Analyst View

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Latest News

Recent headlines for MIST

Google News Wed, 02 Sep 2026

Three investor events are set for Boston and New York, with Milestone joining - Stock Titan

<a href="https://news.google.com/rss/articles/CBMisgFBVV95cUxQOURaZEtqQkJkMmNidW9zcm9md2doMmI5MGFIMG00VlM3REY2bnRmc1lqemF2MmcwYjR3bTVEdnNRNDR4MHBDTDJKQUJGdWN0RTlHWEJnOTAycXRzRDV6OGMyZ1Zjb0ZnM3VGX1JZc09oc3dnckxlbzdUNkNhUXVNaHFQMnJyMFdwQ0dnQ2…

Google News Fri, 21 Aug 2026

Milestone Pharmaceuticals shares rise as first patient enters Phase 3 AFib trial - finance.yahoo.com

<a href="https://news.google.com/rss/articles/CBMipwFBVV95cUxPT1YyQTNod19fSnF4dGZxLV85UEJEeEV4UTR4ZHZUM0t1b2ZIYUNrMV80cV9DZUpLVEhPcW1qdVVzZVZPV0wtZ3I1YWJrYmI1dkUybzlsWmNiTjFXOVZfcmJ3blphd3dxVGNmY0U2ZmJXVGdiZzJLdk1ReDF5QUhqQmRJa1pNWU9DUTNhN3…

Google News ue, 18 Aug 2026

Milestone Pharmaceuticals: Reiterating Sell As The Losses Compound (NASDAQ:MIST) - Seeking Alpha

<a href="https://news.google.com/rss/articles/CBMisgFBVV95cUxNSUczUDhCd2E3dDlIaWkwWkpqSHItQzJFNGl6UVRJalc2RlV6SDdFNXVVcG1mYmpaMW1KdmsxV0M2VElsLWJ5X3dLOTFCZ0Jyc0xSblcyN1VfRmNxcXdPRG1wZ3JXVUNvbVQ0blZPWWdHc2JpT0JvVXFQYWRvRldZd1AwM3lQaE40UjhRZ2…

Google News Fri, 21 Aug 2026

Milestone Pharmaceuticals stock gains on Phase 3 AFib trial - Investing.com

<a href="https://news.google.com/rss/articles/CBMivgFBVV95cUxQS21HZ0dUWXVQcDdta0RudEU1ZlcxVlgyNEdYLXc4S2FOMkRRMmh1U3BFazhMeEtYY3ZMeXJBSFZiejMxUU5yOXNvUGJfY1NMYnFXYVFhXy1hSFZBcVdaWmI1eU1lZ3FiTUJkUzJUekJZeW5lNWFPRHVWb2NvT2hDa004RzNidjNvRjcteF…

Google News Wed, 12 Aug 2026

MILESTONE PHARMACEUTICLS ($MIST) Releases Q2 2026 Earnings - Quiver Quantitative

<a href="https://news.google.com/rss/articles/CBMingFBVV95cUxOcFZ4Zk10VHQ2WmQtMmRfOXRCUUtZdTdMSzVsQ3BSWFB1dlg0MGdqeFlYMVpKdEs4aWZRUzJGNXFJUjl4MlNOMloyUmpQQXN6NG5DNHltZy1DOGp4LTJNeTYyWl95LXp3TXNfQzcyRHo0Z2lJXy1uVkV4MXZGZE5WX2cxU3RtLTQ1SWJuek…

Google News ue, 18 Aug 2026

Milky Mist IPO Listing: Shares Debut at ₹165, Gain 18%; Stock Rises 29.64% From Issue Price - indiainfoline.com

<a href="https://news.google.com/rss/articles/CBMiygFBVV95cUxPY3FwaTM5bkhCT3QzcHJwY3QxUWZGM3BKOHUwNFhuU25rcUxfZlJJd3p6emE2b200VFJsUlp6bXpJaFhxTVd4MXJkRzVkX2VHNEdhbjRqRXF6ZE02aVRaNjdxaGt2bE4zSnM0cVF6Wk9ZT1NaY2VCUkc3Vk9YbGRPUEVYVUZVbWlmeTd2WU…

MIST — Frequently Asked Questions

What is the current share price of Milestone Pharmaceuticals Inc. (MIST)?

As of 2026-09-19 21:16 PDT, Milestone Pharmaceuticals Inc. (MIST) trades at $1.12 on NasdaqGS. Its 52-week range is $1.01 to $2.95.

What is the market capitalisation of MIST?

Milestone Pharmaceuticals Inc. (MIST) has a market capitalisation of $139.44M on NasdaqGS.

What is the P/E ratio of MIST?

MIST trades at a trailing price-to-earnings (P/E) ratio of -1.72. The industry average P/E is 24.83. Its price-to-book (P/B) ratio is 7.10.

Is MIST a good stock to buy?

This page provides a data-driven analysis of Milestone Pharmaceuticals Inc. (MIST), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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