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Neptune Digital Assets (CVE:NDA) Stock Price Up 9.8% - Still a Buy?

Neptune Digital Assets logo with Financial Services background

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) shares rose 9.8% during mid-day trading on Thursday . The stock traded as high as C$2.04 and last traded at C$2.01. Approximately 981,048 shares changed hands during trading, an increase of 5% from the average daily volume of 930,546 shares. The stock had previously closed at C$1.83.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright boosted their target price on shares of Neptune Digital Assets from C$2.00 to C$3.00 in a research note on Thursday, January 30th.

View Our Latest Stock Report on NDA

Neptune Digital Assets Trading Down 7.1%

The firm has a market cap of C$215.85 million, a P/E ratio of 35.44 and a beta of 3.25. The business's 50-day moving average is C$1.64 and its two-hundred day moving average is C$1.46.

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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