Neptune Digital Assets (CVE:NDA) Shares Up 20.7% – Here’s Why

Posted by Lauren Steadman on Mar 6th, 2025

Neptune Digital Assets Corp. (CVE:NDA – Get Free Report) shot up 20.7% during mid-day trading on Thursday . The company traded as high as C$1.89 and last traded at C$1.81. 884,264 shares changed hands during trading, a decline of 29% from the average session volume of 1,242,540 shares. The stock had previously closed at C$1.50.

Analysts Set New Price Targets

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

Check Out Our Latest Research Report on Neptune Digital Assets

Neptune Digital Assets Price Performance

The firm has a market capitalization of C$229.82 million, a PE ratio of 37.73 and a beta of 3.25. The company’s fifty day simple moving average is C$1.58 and its 200-day simple moving average is C$0.95.

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.