DelMar Pharmaceuticals (NASDAQ:DMPI) released its quarterly earnings results on Wednesday. The company reported ($0.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.01, Yahoo Finance reports.
DelMar Pharmaceuticals (NASDAQ:DMPI) traded up $0.03 during mid-day trading on Thursday, reaching $1.36. The company’s stock had a trading volume of 169,800 shares, compared to its average volume of 805,906. The firm has a market cap of $28.73, a P/E ratio of -1.58 and a beta of 1.22. DelMar Pharmaceuticals has a fifty-two week low of $0.78 and a fifty-two week high of $5.20.
Separately, HC Wainwright set a $12.00 price target on DelMar Pharmaceuticals and gave the company a “buy” rating in a research note on Thursday, January 4th.
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DelMar Pharmaceuticals, Inc is a clinical-stage drug development company. The Company focuses on the treatment of cancer. The Company is engaged in conducting clinical trials in the United States with its product candidate, VAL-083, as a treatment for glioblastoma multiforme (GBM), a form of brain cancer.
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