Buy Rating Affirmed for Lorundrostat Amid Positive Trial Results and Market Potential
TipRanks (Wed, 2-Apr 6:25 AM ET)
3 Best Stocks to Buy Now, 4/1/2025, According to Top Analysts
TipRanks (Tue, 1-Apr 5:35 AM ET)
Mineralys Therapeutics Unveils Promising Trial Results for Lorundrostat
TipRanks (Mon, 31-Mar 8:52 AM ET)
Stifel Nicolaus Sticks to Its Buy Rating for Mineralys Therapeutics, Inc. (MLYS)
TipRanks (Mon, 31-Mar 6:56 AM ET)
3 Best Stocks to Buy Now, 3/31/2025, According to Top Analysts
TipRanks (Mon, 31-Mar 5:53 AM ET)
TipRanks (Sun, 30-Mar 10:15 AM ET)
Globe Newswire (Sat, 29-Mar 2:30 PM ET)
Globe Newswire (Tue, 25-Mar 8:00 AM ET)
Globe Newswire (Tue, 18-Mar 4:01 PM ET)
Mineralys Therapeutics Inc is a clinical-stage biopharmaceutical company focused on developing medicines to target diseases driven by abnormally elevated aldosterone. The company's product candidate, lorundrostat, is a proprietary, orally administered, selective aldosterone synthase inhibitor, that is initially developed for the treatment of patients with uncontrolled hypertension, defined as individuals who are unable to achieve BP of below 130/80 mmHg despite taking two or more lines of antihypertensive medication or resistant hypertension, typically including a diuretic.
Mineralys Therapeutics trades on the NASDAQ stock market under the symbol MLYS.
As of April 2, 2025, MLYS stock price climbed to $13.95 with 509,739 million shares trading.
MLYS has a beta of 1.37, meaning it tends to be more sensitive to market movements. MLYS has a correlation of 0.07 to the broad based SPY ETF.
MLYS has a market cap of $876.04 million. This is considered a Small Cap stock.
The top ETF exchange traded funds that MLYS belongs to (by Net Assets): IWM, VTI, VXF, IBB, IWN.
MLYS has underperformed the market in the last year with a price return of +7.1% while the SPY ETF gained +9.1%. However, in the short term, MLYS had mixed performance relative to the market. It has outperformed in the last 3 months, returning +13.3% vs -3.8% return in SPY. But in the last 2 weeks, MLYS shares have been beat by the market, returning -9.6% compared to an SPY return of +0.5%.
MLYS support price is $12.93 and resistance is $14.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MLYS shares will trade within this expected range on the day.