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MLYS

Mineralys Therapeutics Inc.distress 6/10 · elevated risk
$26.05-4%today-45% from 52w high
mineralystx.com76 employeesFounded 2019Radnor, PABiotechnology
Cardiovascular 3Nephrology 1
Lead: Hypertension · est. market ~$25B (approx, global)
Revenue
pre-revenue
Liquidity
$113M
Runway
0.8 yrs
Shares 1y
+24%

Price & events

-24.0% over 6M
$22.50$28.39$34.28Jan 26Apr 26Jul 268.2Mdilution: 424B5 offering (2026-06-03)financing: 8-K material_agreement (2026-06-03)catalyst: PHASE2 lorundrostat (2026-03-31) — click to opencatalyst: PHASE2 lorundrostat (2026-03-09) — click to opencatalyst: lorundrostat (2026-03-06) — click to openrating: TD Cowen: Buy (2026-04-27)rating: B of A Securities: Buy (2026-03-13)
CatalystRating changeDilutionFinancingdashed = today
-3.6%
1D
-3.8%
1W
+1.7%
1M
-8.6%
3M
-20.5%
6M
+95.7%
1Y
+94.1%
2Y
5Y
+41.3%
All

Overview

Market Cap
$2.15B
Volume
172.35K
52 Week Range
$12.87 – $47.33
Total Shares
82.50M
Float Shares
61.91M
Short %
15.08%
% Held by Insiders
0.66%
% Held by Institutions
106.97%
RVOL
0.13x
Beta
0.65

Pipeline stages · 1 programs

lorundrostat
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved

Pipeline · 4 trials · 0 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2025-12-30
Phase 3lorundrostatHypertension1076active not recruiting
2025-12-17
Phase 2LorundrostatObstructive Sleep Apnea, Hypertension48completed
2025-02-27
Phase 2Lorundrostat 25mg, SGLT2i QD, WashoutChronic Kidney Disease60completed
2025-01-15
Phase 2lorundrostat Dose 1, lorundrostat Dose 2Hypertension285completed

Catalyst news & presentations · 9

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 82,498,101 · 3 offerings/1y · 0 PIPEs
  • 2026-06-038-Kmaterial_agreement
  • 2026-06-03424B5offering
  • 2025-11-10S-3ASRshelf_registration
  • 2025-09-03424B5offering
  • 2025-09-02424B5offering
  • 2025-03-12424B5offering
  • 2025-03-10424B5offering
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
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🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

strong buy · target $49 (+88% upside) · 8 analysts
  • 2026-04-27TD CowenBuy
  • 2026-03-13B of A SecuritiesBuy
  • 2025-12-19StifelBuy
  • 2025-11-12HC Wainwright & Co.Buy
  • 2025-11-11Wells FargoOverweight
  • 2025-10-30HC Wainwright & Co.Buy

Competitors — Hypertension

  • LLYELI LILLY & Co$1094.4B · D3
  • MRKMerck & Co., Inc.$318.8B · D3
  • NVSEFNOVARTIS AG$292.0B · D3
  • INSMINSMED Inc$22.9B · D2
  • SGPSpyGlass Pharma, Inc.$682M · D2
  • TECXTectonic Therapeutic, Inc.$589M · D0
  • TENXTENAX THERAPEUTICS, INC.$390M · D2
  • IKTInhibikase Therapeutics, Inc.$289M · D4
  • GALTGALECTIN THERAPEUTICS INC$231M · D5
  • GOSSGossamer Bio, Inc.$33M · D5

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.