Hut 8 Mining Stock Up 8.0 %
HUT stock opened at $2.17 on Thursday. Hut 8 Mining has a one year low of $1.27 and a one year high of $16.57. The stock has a market capitalization of $425.80 million, a PE ratio of -3.88 and a beta of 3.87. The company has a debt-to-equity ratio of 0.07, a quick ratio of 10.61 and a current ratio of 10.61. The company has a fifty day moving average of $1.98 and a 200-day moving average of $2.23.
Hut 8 Mining (NASDAQ:HUT – Get Rating) last announced its earnings results on Thursday, August 11th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.16). The business had revenue of $34.36 million for the quarter, compared to analyst estimates of $41.77 million. Hut 8 Mining had a positive return on equity of 2.24% and a negative net margin of 58.30%. As a group, analysts expect that Hut 8 Mining will post 0.26 EPS for the current year.
Hedge Funds Weigh In On Hut 8 Mining
Hut 8 Mining Company Profile
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.
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