Gryphon Digital Mining Inc (GRYP) Stock: A Closer Look

A share price of Gryphon Digital Mining Inc [GRYP] is currently trading at $0.18, up 22.91%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GRYP shares have gain 10.41% over the last week, with a monthly amount drifted -9.47%, and not seem to be holding up well over a long-time horizon.

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 experienced fluctuations in its stock price throughout the past year between $0.13 and $1.80. Gryphon Digital Mining Inc [NASDAQ: GRYP] shares were valued at $0.18 at the most recent close of the market.

Analyzing the GRYP fundamentals

Trailing Twelve Months sales for Gryphon Digital Mining Inc [NASDAQ:GRYP] were 20.54M which represents 2913.45% growth. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -0.86%, Pretax Profit Margin comes in at -1.04%, and Net Profit Margin reading is -1.04%. To continue investigating profitability, this company’s Return on Assets is posted at -2.79, Equity is 1.63 and Total Capital is 10.91. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.8.

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 0.1565 points at the first support level, and at 0.1369 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1872, and for the 2nd resistance point, it is at 0.1983.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Gryphon Digital Mining Inc [NASDAQ:GRYP] is 0.25. In addition, the Quick Ratio stands at 0.25 and the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 0.60.

Transactions by insiders

Recent insider trading involved Vaiopoulos Demetrios, Director, that happened on Jan 13 ’25 when 48412.0 shares were purchased. Director, Kaiser Brittany completed a deal on Jan 13 ’25 to buy 96824.0 shares. Meanwhile, Director Billingsley Jessica bought 48412.0 shares on Jan 13 ’25.

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