HC Wainwright Increases Neptune Digital Assets (CVE:NDA) Price Target to C$3.00

Neptune Digital Assets (CVE:NDA) had its target price upped by investment analysts at HC Wainwright from C$2.00 to C$3.00 in a research report issued on Thursday,BayStreet.CA reports. HC Wainwright’s price objective would suggest a potential upside of 19.52% from the company’s previous close. HC Wainwright also issued estimates for Neptune Digital Assets’ FY2025 earnings at $0.02 EPS and FY2026 earnings at ($0.01) EPS.

Neptune Digital Assets Stock Performance

NDA opened at C$2.51 on Thursday. Neptune Digital Assets has a 52-week low of C$0.23 and a 52-week high of C$2.85. The company has a quick ratio of 4.84, a current ratio of 70.04 and a debt-to-equity ratio of 1.96. The firm’s fifty day simple moving average is C$1.23 and its two-hundred day simple moving average is C$0.71. The company has a market cap of C$319.40 million, a price-to-earnings ratio of -8.67 and a beta of 3.25.

About Neptune Digital Assets

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.