Neptune Digital Assets (CVE:NDA) Shares Up 11.1% – Still a Buy?

Posted by Scott Moore on Jan 28th, 2025

Neptune Digital Assets Corp. (CVE:NDA – Get Free Report) shares traded up 11.1% during trading on Tuesday . The stock traded as high as C$2.21 and last traded at C$2.21. 220,223 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 1,208,042 shares. The stock had previously closed at C$1.99.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright lifted their price objective on Neptune Digital Assets from C$1.00 to C$2.00 and gave the stock a “buy” rating in a report on Monday, December 23rd.

Check Out Our Latest Report on Neptune Digital Assets

Neptune Digital Assets Stock Up 14.1 %

The company has a market capitalization of C$288.86 million, a PE ratio of -8.67 and a beta of 3.25. The company has a debt-to-equity ratio of 1.96, a current ratio of 70.04 and a quick ratio of 4.84. The company has a 50-day moving average of C$1.09 and a two-hundred day moving average of C$0.65.

About Neptune Digital Assets

(Get Free Report)

Neptune Digital Assets Corp. builds, owns, and operates digital currency infrastructure assets in Canada. The company stakes and lends various digital currencies. It also engages in the Bitcoin mining, node operations, cryptocurrency staking, and decentralized finance (DeFi) tokens, as well as invests in liquidity mining pools.