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Neptune Digital Assets (CVE:NDA) Shares Up 2.9% - Here's What Happened

Neptune Digital Assets logo with Financial Services background

Key Points

  • Neptune Digital Assets Corp. shares surged 2.9% during mid-day trading, reaching a high of C$1.10 before closing at C$1.07, despite a decline in trading volume by 61% compared to its average.
  • The company's market capitalization is C$135.99 million and it has a P/E ratio of -107.00, indicating financial losses.
  • Neptune Digital Assets engages in various crypto operations, including Bitcoin mining, lending, staking, and investing in DeFi tokens.
  • Interested in Neptune Digital Assets? Here are five stocks we like better.

Shares of Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) shot up 2.9% during mid-day trading on Wednesday . The company traded as high as C$1.10 and last traded at C$1.07. 262,206 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 674,348 shares. The stock had previously closed at C$1.04.

Neptune Digital Assets Stock Performance

The stock's fifty day moving average price is C$1.15 and its 200-day moving average price is C$1.43. The company has a market capitalization of C$135.99 million, a P/E ratio of -107.00 and a beta of 2.18.

Neptune Digital Assets Company Profile

(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.

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