Gryphon Digital Mining Inc (NASDAQ:GRYP) At $0.69: What To Do?

In last trading session, Gryphon Digital Mining Inc (NASDAQ:GRYP) saw 0.79 million shares changing hands with its beta currently measuring 2.38. Company’s recent per share price level of $0.69 trading at $0.06 or 10.24% at ring of the bell on the day assigns it a market valuation of $35.75M. That closing price of GRYP’s stock is at a discount of -1392.75% from its 52-week high price of $10.30 and is indicating a premium of 44.93% from its 52-week low price of $0.38. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.15 million shares which gives us an average trading volume of 652.63K if we extend that period to 3-months.

Gryphon Digital Mining Inc (NASDAQ:GRYP) trade information

Upright in the green during last session for gaining 10.24%, in the last five days GRYP remained trading in the green while hitting it’s week-highest on Monday, 11/25/24 when the stock touched $0.69 price level, adding 12.99% to its value on the day. Gryphon Digital Mining Inc’s shares saw a change of -92.07% in year-to-date performance and have moved 5.33% in past 5-day. Gryphon Digital Mining Inc (NASDAQ:GRYP) showed a performance of 0.00% in past 30-days. Number of shares sold short was 0.26 million shares which calculate 0.56 days to cover the short interests.

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Gryphon Digital Mining Inc (GRYP) estimates and forecasts

Statistics highlight that Gryphon Digital Mining Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -43.44% of value to its shares in past 6 months, showing an annual growth rate of 96.72% while that of industry is 8.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.9M for the same.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -72.98% during past 5 years.

On the other hand, iShares Micro Cap ETF and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Aug 31, 2024 , the former fund manager was holding 79.25 shares of worth $55434.0 or 0.15% of the total outstanding shares. The later fund manager was in possession of 1.2 shares on Jun 30, 2024 , making its stake of worth around $839.0 in the company or a holder of 0.00% of company’s stock.