Theralase Technologies Inc
TLT.CA
$0.12
Closing
0.00
1D
▼-5.71%
YTD
Market cap
$26.74M
52 week high
$0.23
52 week low
$0.11
Volume
50,600
Check if the stock is halal
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Market cap
$26.74M
Analysts' Rating
BUY
Price Target (Mean)
0.587846278
Total Analysts
1
P/E
Operating Margin
0.00%
Beta
1.57
Revenue Growth (Annual)
-
52 week high
$0.23
52 week low
$0.11
Div. Yield
%
EPS Annual Growth
-12.61
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Theralase Technologies Inc. is a Canada-based clinical-stage pharmaceutical company. The Company is engaged in the research and development of light activated compounds and their associated drug formulations. The Company operates through two divisions: Anti-Cancer Therapy (ACT) and Cool Laser Therapy (CLT). The Anti-Cancer Therapy division develops patented, and patent pending drugs, called Photo Dynamic Compounds (PDCs) and activates them with patent pending laser technology to destroy specifically targeted cancers, bacteria and viruses. The CLT division is responsible for the Company’s medical laser business. The Cool Laser Therapy division designs, develops, manufactures and markets super-pulsed laser technology indicated for the healing of chronic knee pain. The technology has been used off-label for healing numerous nerve, muscle and joint conditions. The Company develops products both internally and using the assistance of specialist external resources.
