HC Wainwright Issues Positive Forecast for Neptune Digital Assets (CVE:NDA) Stock Price

Neptune Digital Assets (CVE:NDA) had its price target raised by HC Wainwright from C$1.00 to C$2.00 in a research note issued on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. HC Wainwright’s price objective suggests a potential upside of 85.19% from the stock’s current price. HC Wainwright also issued estimates for Neptune Digital Assets’ Q1 2025 earnings at ($0.01) EPS, Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at ($0.01) EPS and Q4 2025 earnings at ($0.01) EPS.

Neptune Digital Assets Trading Up 2.9 %

Shares of CVE:NDA opened at C$1.08 on Monday. The stock has a market cap of C$137.43 million, a PE ratio of -8.67 and a beta of 3.25. The company has a quick ratio of 4.84, a current ratio of 70.04 and a debt-to-equity ratio of 1.96. Neptune Digital Assets has a 12-month low of C$0.23 and a 12-month high of C$1.28. The business has a 50 day moving average of C$0.87 and a 200-day moving average of C$0.48.

Neptune Digital Assets Company Profile

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.