Bitfarms Ltd. (BITF)

Market Cap	696.76M
Revenue (ttm)	127.16M
Net Income (ttm)	-62.92M
Shares Out	241.51M
EPS (ttm)	-0.24
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	44,496,343
Open	1.87
Previous Close	1.97
Day's Range	1.84 - 2.17
52-Week Range	0.38 - 2.17
Beta	3.18
Analysts	Strong Buy
Price Target	3.00 (+40.19%)
Earnings Date	Nov 7, 2023

About BITF

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. Bitfarms Ltd. was founded in 2017 and is based in Toronto, Canada.

• Industry: Capital Markets
• Sector: Financials
• Founded: 2017
• Employees: 150
• Stock Exchange: NASDAQ
• Ticker Symbol: BITF

Analyst Forecast

According to 2 analysts, the average rating for BITF stock is "Strong Buy." The 12-month stock price forecast is $3.0, which is an increase of 40.19% from the latest price.

Price Target

$3.0

(40.19% upside)

Analyst Consensus: Strong Buy