Neptune Digital Assets (CVE:NDA) Stock Price Up 10% – Time to Buy?

Posted by James Quigley on Mar 19th, 2025

Neptune Digital Assets Corp. (CVE:NDA – Get Free Report) shares rose 10% during trading on Wednesday . The company traded as high as C$1.68 and last traded at C$1.65. Approximately 209,191 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 1,136,617 shares. The stock had previously closed at C$1.50.

Wall Street Analysts Forecast Growth

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

Read Our Latest Research Report on NDA

Neptune Digital Assets Stock Performance

The stock has a 50 day moving average price of C$1.66 and a 200 day moving average price of C$1.03. The company has a market cap of C$205.69 million, a P/E ratio of 33.77 and a beta of 3.25.

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.