Gryphon Digital Mining Inc. [GRYP] stock is trading at $0.73, up 19.30%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GRYP shares have gain 45.44% over the last week, with a monthly amount glided 2.36%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Lake Street started tracking the stock with Buy rating on July 23, 2021, and set its price target to $8. On December 19, 2019, Alliance Global Partners initiated with a Buy rating and assigned a price target of $18 on the stock.
Gryphon Digital Mining Inc. [GRYP] stock has fluctuated between $0.38 and $10.30 over the past year. Gryphon Digital Mining Inc. [NASDAQ: GRYP] shares were valued at $0.73 at the most recent close of the market.
Analyzing the GRYP fundamentals
Gryphon Digital Mining Inc. [NASDAQ:GRYP] reported sales of 6.84M for the trailing twelve months, which represents a growth of 141.05%. Gross Profit Margin for this corporation currently stands at 0.04% with Operating Profit Margin at -0.63%, Pretax Profit Margin comes in at -1.39%, and Net Profit Margin reading is -1.38%. To continue investigating profitability, this company’s Return on Assets is posted at -2.56, Equity is 3.24 and Total Capital is 0.95. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.6340 points at the first support level, and at 0.5378 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7820, and for the 2nd resistance point, it is at 0.8338.
Ratios To Look Out For
For context, Gryphon Digital Mining Inc.’s Current Ratio is 0.13. Further, the Quick Ratio stands at 0.13, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 4.32.
Transactions by insiders
Recent insider trading involved Salzman Simeon, Chief Financial Officer, that happened on Jun 21 ’24 when 55595.0 shares were sold. Director, GUTTERMAN STEVEN D. completed a deal on Apr 04 ’24 to sell 14035.0 shares.
