Neptune Digital Assets (CVE:NDA) Shares Up 14.7% – Should You Buy?

Posted by Stacy Sanders on Mar 5th, 2025

Shares of Neptune Digital Assets Corp. (CVE:NDA – Get Free Report) rose 14.7% on Wednesday . The company traded as high as C$1.72 and last traded at C$1.72. Approximately 404,778 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 1,230,101 shares. The stock had previously closed at C$1.50.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Analysis on NDA

Neptune Digital Assets Trading Up 20.0 %

The stock has a market capitalization of C$228.55 million, a PE ratio of 37.52 and a beta of 3.25. The firm’s 50-day moving average price is C$1.56 and its 200-day moving average price is C$0.94.

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.