Neptune Digital Assets (CVE:NDA) Shares Up 48.6% – Should You Buy?

Shares of Neptune Digital Assets Corp. (CVE:NDAGet Free Report) rose 48.6% during trading on Thursday . The company traded as high as C$1.17 and last traded at C$1.04. Approximately 2,771,757 shares were traded during mid-day trading, an increase of 353% from the average daily volume of 611,807 shares. The stock had previously closed at C$0.70.

Neptune Digital Assets Stock Up 48.6%

The stock has a 50 day moving average of C$0.87 and a 200 day moving average of C$1.16. The firm has a market cap of C$132.17 million, a price-to-earnings ratio of -104.00 and a beta of 2.23.

Neptune Digital Assets Company Profile

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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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