---
title: "TLT.V stock: Theralase Technologies Inc. price, chart, valuation | ANALITICA}"
description: "Down 11.9% over the past year; the S&P/TSX Composite rose 20.0%. Market cap $57.4M; average daily dollar volume $39K over the past 3 months — Low liquidity."
canonical: https://analiti.ca/t/TLT.V/
---

# Theralase Technologies Inc. (TLT.V)

TSXV: TLT · TSXV · Healthcare

Last close 0.185 (Nov 12, 2026), -0.005 (-2.6%). Market cap $57.4M.
52-week range 0.150 to 0.390.

## At a glance

- Down 11.9% over the past year; the S&P/TSX Composite rose 20.0%.
- Market cap $57.4M; average daily dollar volume $39K over the past 3 months — Low liquidity.
- Latest published plan: SHORT on 2026-10-09 at $0.18 — resolved LOSS -11.11% (full ladder).
- 1-year volatility 90.9% (annualized); largest fall from a peak over the past year -53.8%.

## Performance

| Period | Stock | Sector fund | Composite | Difference vs Composite |
| --- | ---: | ---: | ---: | ---: |
| 1W | -2.6% | +1.5% | +1.8% | -4.4% |
| 1M | +2.8% | +10.9% | +2.8% | +0.0% |
| 3M | +2.8% | +11.1% | -0.1% | +2.8% |
| 6M | -26.0% | +23.8% | +9.4% | -35.4% |
| YTD | +8.8% | +17.3% | +16.1% | -7.3% |
| 1Y | -11.9% | +18.8% | +20.0% | -32.0% |
| 3Y | +0.9% | +9.1% | +22.0% | -21.1% |
| 5Y | -1.5% | +3.4% | +10.5% | -12.0% |

3Y and 5Y are annualized. The Composite is proxied by XIU.TO.

## Risk and trading

- 1-year volatility (annualized): +90.9%
- Largest fall from a peak (1Y): -53.8% (Apr 24, 2026 to Aug 12, 2026)
- Beta (2Y weekly, vs Composite): -0.13
- Average daily volume (3M): 206,445
- Average daily dollar volume (3M): $39K
- Liquidity: Low (High: $1M or more a day; Moderate: $100K or more; Low: under $100K.)

## Valuation

Valuation multiples are from the Nov 12, 2026 snapshot.

| Multiple | Value | Against sector peers |
| --- | ---: | --- |
| P/E (TTM) | — | — |
| Earnings yield | — | — |
| P/B | 8.04 | Lower than 15% of peers (39 companies; median 2.1) |
| P/S | — | — |
| EV/EBITDA | -14.3 | Lower than 95% of peers (22 companies; median 12.7) |
| Dividend yield | 0.00% | — |
| Payout ratio | — | — |

## Financials

Reporting currency: CAD.

|  | 2022 | 2023 | 2024 | 2025 | TTM |
| --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $1.1M | $1.1M | $1.0M | $816K | $802K |
| Gross margin | 55.2% | 52.5% | 53.6% | 62.1% | — |
| Net income | -$5.2M | -$4.6M | -$4.3M | -$4.1M | -$3.8M |
| Free cash flow | -$5.2M | -$4.1M | -$3.4M | -$3.3M | -$3.4M |
| Diluted shares | 216,502,675 | 228,460,858 | 247,780,369 | 265,004,437 | — |

## Dividends and splits

Trailing dividend yield: 0.00% (snapshot Nov 12, 2026). Dividend history is not stored yet.

- No splits on record.

## Ownership and dilution

- Insider buys (90 days): 5
- Insider sells (90 days): 0
- Shares outstanding change (1Y): +7.0%
- Shares outstanding change (3Y): +22.4%
- Held by insiders: 8.45%
- Held by institutions: 0.00%

## Peers

- [LLY.TO](https://analiti.ca/t/LLY.TO/): 50.95, 1Y —, market cap $1663.74B, P/E 46.7, EV/EBITDA —, dividend yield —, 1Y volatility +35.3%
- [JNJ.TO](https://analiti.ca/t/JNJ.TO/): 36.10, 1Y —, market cap $893.92B, P/E 43.5, EV/EBITDA —, dividend yield —, 1Y volatility +21.8%
- [ROG.TO](https://analiti.ca/t/ROG.TO/): 31.71, 1Y +43.2%, market cap $507.81B, P/E 23.8, EV/EBITDA —, dividend yield —, 1Y volatility +25.2%
- [MRK.TO](https://analiti.ca/t/MRK.TO/): 32.62, 1Y —, market cap $497.72B, P/E 148.3, EV/EBITDA —, dividend yield —, 1Y volatility +30.6%
- [UNH.TO](https://analiti.ca/t/UNH.TO/): 18.47, 1Y —, market cap $474.68B, P/E 23.4, EV/EBITDA —, dividend yield —, 1Y volatility +35.9%
- [NVS.TO](https://analiti.ca/t/NVS.TO/): 31.95, 1Y +32.0%, market cap $404.32B, P/E 31.0, EV/EBITDA —, dividend yield —, 1Y volatility +29.4%
- [AMGN.TO](https://analiti.ca/t/AMGN.TO/): 34.47, 1Y —, market cap $338.75B, P/E 27.4, EV/EBITDA —, dividend yield —, 1Y volatility +30.1%
- [TMO.TO](https://analiti.ca/t/TMO.TO/): 24.85, 1Y —, market cap $338.08B, P/E 37.1, EV/EBITDA —, dividend yield —, 1Y volatility +31.8%

## analiti.ca history

9 published plans: 0 wins, 9 losses, 0 open; average -11.46% per resolved plan (full ladder).

- 2026-09-23 SHORT: entry 0.175, stop 0.195, first exit 0.165 — full ladder LOSS (-14.29%); first exit LOSS (-11.43%). Day page: https://analiti.ca/day/2026-09-23
- 2026-09-24 SHORT: entry 0.180, stop 0.200, first exit 0.170 — full ladder LOSS (-11.11%); first exit LOSS (-11.11%). Day page: https://analiti.ca/day/2026-09-24
- 2026-09-25 SHORT: entry 0.180, stop 0.195, first exit 0.170 — full ladder LOSS (-11.11%); first exit LOSS (-8.33%). Day page: https://analiti.ca/day/2026-09-25
- 2026-09-28 SHORT: entry 0.180, stop 0.200, first exit 0.170 — full ladder LOSS (-11.11%); first exit LOSS (-11.11%). Day page: https://analiti.ca/day/2026-09-28
- 2026-09-29 SHORT: entry 0.180, stop 0.195, first exit 0.170 — full ladder LOSS (-11.11%); first exit LOSS (-8.33%). Day page: https://analiti.ca/day/2026-09-29
- 2026-09-30 SHORT: entry 0.180, stop 0.195, first exit 0.170 — full ladder LOSS (-11.11%); first exit LOSS (-8.33%). Day page: https://analiti.ca/day/2026-09-30
- 2026-10-06 SHORT: entry 0.180, stop 0.195, first exit 0.170 — full ladder LOSS (-11.11%); first exit LOSS (-8.33%). Day page: https://analiti.ca/day/2026-10-06
- 2026-10-07 SHORT: entry 0.180, stop 0.195, first exit 0.170 — full ladder LOSS (-11.11%); first exit LOSS (-8.33%). Day page: https://analiti.ca/day/2026-10-07
- 2026-10-09 SHORT: entry 0.180, stop 0.195, first exit 0.175 — full ladder LOSS (-11.11%); first exit LOSS (-8.33%). Day page: https://analiti.ca/day/2026-10-09

Superstock score: 0.0 (Nov 13, 2026). Sector condition: none published.

## Key dates

- Next earnings: not available — no company release or exchange notice in the stored data
- Last earnings: Nov 10, 2026
- Next ex-dividend: not available

## Sources and data notes

- prices, chart, performance, risk: daily_prices (Yahoo) (as of Nov 12, 2026)
- valuation, market cap, ownership: yahoo_key_stats snapshot (as of Nov 12, 2026)
- financials: financials (Yahoo) (as of Jun 30, 2026)
- plans, resolutions: published entries-*.json + track-record.json (as of Nov 12, 2026)
- insiders: insider_trades (SEDI filings) (as of Nov 12, 2026)
- splits: Split inventory (interim table) (as of Nov 5, 2026)
- sector condition: conditions-2026-11-05.json (as of Nov 5, 2026)
- Superstock score: superstock_checks + superstock.json (as of Nov 12, 2026)

Not available rules: a field older than its freshness limit shows "not available", never a stale number — prices, 3 trading days; fundamentals, 120 days after the fiscal period end plus 45 days.

Data file: https://analiti.ca/data/t/TLT.V.json

Facts and published history only. Plans are generated by a quant model.