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Cardiol Therapeutics' stock rose after earnings slightly beat expectations, despite ongoing losses.
Cardiol Therapeutics reported earnings that slightly beat expectations, with an EPS of ($0.07) compared to the expected ($0.08), causing its stock to rise to $0.97.
The company specializes in heart disease therapies and is currently testing its lead product, CardiolRx, in a Phase II study.
Cardiol Therapeutics has a market cap of $80.11 million, a "Buy" consensus rating, and an average target price of $8.40.
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