Galaxy Digital Hits Day High with Strong 5.97% Intraday Surge

Galaxy Digital, Inc. has experienced a notable surge today, gaining 5.97% and reaching an intraday high of CAD 32.15. This midcap company, operating within the capital markets industry, has shown strong performance metrics over various time frames. Over the past year, Galaxy Digital has delivered an impressive return of 55.5%, significantly outperforming the S&P/TSX 60, which recorded a 27.5% increase during the same period. In the short term, Galaxy Digital's performance remains robust, with a 4.94% increase over the past week, compared to the S&P/TSX 60's 2.02% rise. However, the stock has faced challenges over the past month, showing a decline of 28.56%. Despite this, its long-term performance is noteworthy, with a remarkable 549.48% increase over the last three years. The company's market capitalization stands at CAD 7,162 million, and it currently does not offer a dividend. While the stock's price-to-book ratio is 2.92, it is important to note that the company is currently loss-making, which is reflected in its negative return on equity and debt equity metrics.