Hut 8 Mining Corp. (HUT)

NASDAQ: HUT · IEX Real-Time Price · USD
8.05
+0.17 (2.16%)
At close: Apr 19, 2024, 4:00 PM
8.07
+0.02 (0.25%)
After-hours: Apr 19, 2024, 6:13 PM EDT
2.16%
Market Cap 718.36M
Revenue (ttm) 56.29M
Net Income (ttm) 149.92M
Shares Out 89.24M
EPS (ttm) 1.18
PE Ratio 6.81
Forward PE 29.41
Dividend n/a
Ex-Dividend Date n/a
Volume 2,199,381
Open 7.91
Previous Close 7.88
Day's Range 7.80 - 8.19
52-Week Range 6.18 - 22.75
Beta 3.45
Analysts Buy
Price Target 11.75 (+45.96%)
Earnings Date May 9, 2024

About HUT

Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing " Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team traini... [Read more]

Industry Capital Markets
Sector Financials
Founded 2011
Employees 98
Stock Exchange NASDAQ
Ticker Symbol HUT
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for HUT stock is "Buy." The 12-month stock price forecast is $11.75, which is an increase of 45.96% from the latest price.

Price Target
$11.75
(45.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Canadian Investor Alert: SMK Law Announces Investigation into Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT)

TORONTO--(BUSINESS WIRE)--SMK Law, a Canadian investor rights law firm, is investigating a shareholder class action against Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT). The investigation is focused on Cana...

2 days ago - Business Wire

Hut 8 optimizes self-mining operations as miners come online at Salt Creek

Greenfield site energized in 78 days, less than three months after breaking ground; Cost to mine a Bitcoin at site expected to be 30% lower than cost at hosted facilities due to favorable energy profi...

3 days ago - GlobeNewsWire

Hut 8 (HUT) CEO on How Bitcoin Halving Will Impact Miners

Hut 8 (HUT) provides digital asset mining and high-performance computing infrastructure solutions. CEO Asher Genoot joins Oliver Renick to give an overview of the company.

9 days ago - Schwab Network

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 8, 2024 in Hut 8 Lawsuit - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

11 days ago - Accesswire

Levi & Korsinsky Reminds Hut 8 Corp. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 8, 2024 - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

11 days ago - Accesswire

Shareholders that lost money on Hut 8 Corp.(HUT) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

11 days ago - Accesswire

Levi & Korsinsky Reminds Hut 8 Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 8, 2024 - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

11 days ago - Accesswire

HUT DEADLINE TODAY: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Hut 8 Corp. Investors to Secure Counsel Before Important April 8 Deadline in Securities Class Action – HUT

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hut 8 Corp. (NASDAQ: HUT) between November 9, 2023 and January 18, 2024, both dat...

11 days ago - Business Wire

Hut 8 Corp. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 8, 2024 to Discuss Your Rights - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

11 days ago - Accesswire

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Hut 8 Corp. with Losses In Excess of $250,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hut 8 Corp. ("Hut 8" or "the Comp...

11 days ago - Accesswire

Hut 8 Corp. Class Action: Levi & Korsinsky Reminds Hut 8 Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 8, 2024 - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

11 days ago - Accesswire

Hut 8 Corp. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information - HUT

NEW YORK, NY / ACCESSWIRE / April 7, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

11 days ago - Accesswire

Contact Levi & Korsinsky by April 8, 2024 Deadline to Join Class Action Against Hut 8 Corp.(HUT)

NEW YORK, NY / ACCESSWIRE / April 7, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

11 days ago - Accesswire

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Hut 8 Corp. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hut 8 Corp. ("Hut 8" or "the Comp...

12 days ago - Accesswire

FINAL DEADLINE MONDAY: The Schall Law Firm Encourages Investors in Hut 8 Corp. with Losses In Excess of $500,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hut 8 Corp. ("Hut 8" or "the Comp...

13 days ago - Accesswire

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 8, 2024 in Hut 8 Corp. Lawsuit - HUT

NEW YORK, NY / ACCESSWIRE / April 5, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

14 days ago - Accesswire

Shareholders of Hut 8 Corp. Should Contact Levi & Korsinsky Before April 8, 2024 to Discuss Your Rights - HUT

NEW YORK, NY / ACCESSWIRE / April 5, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

14 days ago - Accesswire

Hut 8 Operations Update for March 2024

25.5 EH/s and 884 MW under management as Hut 8 executes closure of Drumheller site and prepares to energize Salt Creek site

14 days ago - GlobeNewsWire

Hut 8 Corp. Class Action: The Gross Law Firm Reminds Hut 8 Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 8, 2024 - HUT

NEW YORK , April 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Hut 8 Corp. (NASDAQ: HUT). Shareholders who purchased shares of HUT during the class period l...

14 days ago - PRNewsWire

Class Action Filed Against Hut 8 Corp. (HUT) Seeking Recovery for Investors - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / April 5, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

14 days ago - Accesswire

Contact Levi & Korsinsky by April 8, 2024 Deadline to Join Class Action Against Hut 8 Corp. (HUT)

NEW YORK, NY / ACCESSWIRE / April 4, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

14 days ago - Accesswire

Investors who lost money on Hut 8 Corp.(HUT) should contact Levi & Korsinsky about pending Class Action - HUT

NEW YORK, NY / ACCESSWIRE / April 4, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

15 days ago - Accesswire

HUT IMPORTANT DEADLINE: ROSEN, LEADING INVESTOR COUNSEL, Encourages Hut 8 Corp. Investors to Secure Counsel Before Important April 8 Deadline in Securities Class Action - HUT

NEW YORK , April 4, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hut 8 Corp. (NASDAQ: HUT) between November 9, 2023 and January 18, ...

15 days ago - PRNewsWire

Hut 8 Corp. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – HUT

NEW YORK, NY / ACCESSWIRE / April 4, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

15 days ago - Accesswire

HUT Investors Have Opportunity to Lead Hut 8 Corp. Securities Fraud Lawsuit

LOS ANGELES , April 4, 2024 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit agai...

15 days ago - PRNewsWire