Hut 8 Mining Corp. (HUT)
|Net Income (ttm)||-41.69M|
|Day's Range||2.87 - 3.14|
|52-Week Range||1.27 - 16.57|
|Price Target||5.88 (+88.8%)|
|Earnings Date||Aug 11, 2022|
Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. The company engages in industrial scale bitcoin mining operations. It also owns and operates 38 BlockBoxes in Drumheller, Alberta; and 51 BlockBoxes in Medicine Hat, Alberta. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada. [Read more...]
Financial PerformanceFinancial numbers in CAD Financial Statements
According to 10 analysts, the average rating for HUT stock is "Buy." The 12-month stock price forecast is 5.88, which is an increase of 88.76% from the latest price.
The recent recovery in the value of crypto assets has trickled down into the ‘traditional' finance world, more specifically into
Cryptocurrencies and crypto stocks continued to rise with positive inflation data.
Hut 8 (HUT) delivered earnings and revenue surprises of -400% and 17.75%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Strong quarterly revenue of $43.8 million Bitcoin holdings increased 14.6% to 7,406 in Q2 Achieved adjusted EBITDA(i) of $6.8 million TORONTO , Aug. 11, 2022 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: H...
330 Bitcoin mined, bringing reserves to 7,736 TORONTO , Aug. 5, 2022 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8" or the "Company") one of North America's largest, innovation-foc...
TORONTO , Aug. 3, 2022 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or "the Company"), one of North America's largest, innovation-focused digital asset mining pioneers and high p...
Regulators are eyeing crypto and that's a good thing today.
Foundry selects Hut 8's data centre infrastructure for cloud services TORONTO , Aug. 2, 2022 /PRNewswire/ - Hut 8 Mining Corp. (NASDAQ: HUT) (TSX: HUT) ("Hut 8" or the "Company"), one of North America's...
The Federal Reserve raised interest rates by 0.75% this afternoon.
When Bitcoin surges, it's time to pay attention to these three stocks, which are providing even higher returns.
Crypto stocks bounced this morning along with cryptocurrencies like Bitcoin.
328 Bitcoin mined, bringing reserves to 7,406 Hut 8 continues to HODL Bitcoin North Bay site operating on 20 MW of power TORONTO , July 6, 2022 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT)...
This appointment further strengthens Hut 8's blue-chip executive team by adding expertise in corporate governance, capital markets, and mergers and acquisitions TORONTO , June 21, 2022 /PRNewswire/ - Hu...
TORONTO , June 16, 2022 /PRNewswire/ - Hut 8 Mining Corp. (TSX: HUT) ("Hut 8" or the "Company") one of North America's largest, innovation-focused digital asset mining pioneers, supporting open and dece...
7,078 self-mined Bitcoin in reserve after 309 were generated in May Testing complete at North Bay, Ontario site; mining began on June 2 TORONTO , June 6, 2022 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: ...
Investors need to pay close attention to Hut 8 Mining (HUT) stock based on the movements in the options market lately.
Bitcoin mining companies are rebounding today, along with the price of Bitcoin.
Hut 8 (HUT) delivered earnings and revenue surprises of -54.55% and 9.20%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Strong quarterly revenue of $53.3 million Bitcoin holdings increased 17% to 6,460 Adjusted EBITDA(i) of $27.1 million High performance computing business delivered solid financial results TORONTO , May...
Company continues to champion industry standards through measurable, holistic ESG goals that will drive a more sustainable future TORONTO , May 10, 2022 /PRNewswire/ - Today, Hut 8 Mining Corp. (NASDAQ...
When picking the best stocks under $10 to buy, it's important to identify fundamentally strong and non-speculative stocks. The post 4 Stocks Under $10 That Could Double By December 2022 appeared first o...