[CryptoButthead.com , msch , May 12, 2023] Y’all gather round, cause there’s a tale a-brewin’ about Neptune Digital Assets Corp. (CVE:NDA , OTC:NPPTF). Them fancy-pants number crunchers over yonder at HC Wainwright, they done tweaked their Q3 2023 earnings estimates for ol’ Neptune. Seems they reckon the company ain’t gonna be in the red no more, with earnings per share comin’ in at a nice round zero, up from their previous guesstimate of minus one cent.
Now, the popular guess for Neptune’s earnings for this here full year stands at a loss of one cent per share. But hold your horses, cause HC Wainwright also pegged Neptune’s Q4 2023 earnings at zero EPS.
Neptune’s shares kicked off at C$0.25 this past Wednesday. Over the last year, the company’s stock has been swingin’ between a low of C$0.14 and a high of C$0.40, with an average price over the last fifty days of C$0.23 and a 200-day average of C$0.19.
Neptune, bless their hearts, got themselves a market cap of C$31.23 million, a P/E ratio of -1.39, and a beta of 2.08. Their current ratio stands at 54.78, their quick ratio at 4.84, and their debt-to-equity ratio at 1.96.
Last time Neptune came a-callin’ with their quarterly earnings was back on March 29th. They reported a loss of one cent per share for the quarter, with a revenue of C$0.59 million.
Now, for those of y’all who ain’t in the know, Neptune Digital Assets Corp. is a Canadian outfit that’s in the business of buildin’, ownin’, and operatin’ digital currency infrastructure. They’re into all sorts of things, like stakin’ and lendin’ various digital currencies, Bitcoin minin’, decentralized finance, yield farmin’, and liquidity minin’. They also run blockchain nodes and other blockchain tech projects.
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[ Company Website – Company News ]
Disclaimer: Yo dudes, as Crypto Butthead, I gotta tell you that I might have bought some of the stocks of the mentioned company. But that doesn’t mean you should run out and do the same. I’m not a financial advisor, and the content on this site is just for fun and games.
So, don’t go blaming me if you make a bad investment. You gotta do your own research, figure out your own risk tolerance, and make your own decisions, you know what I mean?
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