HUT Stock Overview
Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
My Notes
NewNotes are coming soon
Hut 8 Mining Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$2.50 |
| 52 Week High | CA$10.53 |
| 52 Week Low | CA$1.08 |
| Beta | 2.85 |
| 1 Month Change | 127.27% |
| 3 Month Change | -21.63% |
| 1 Year Change | -64.49% |
| 3 Year Change | 93.80% |
| 5 Year Change | n/a |
| Change since IPO | -37.50% |
Recent News & Updates
Recent updates
Bearish: Analysts Just Cut Their Hut 8 Mining Corp. (TSE:HUT) Revenue and EPS estimates
Aug 18
Returns Are Gaining Momentum At Hut 8 Mining (TSE:HUT)
Aug 08Hut 8 Mining (TSE:HUT) Has A Pretty Healthy Balance Sheet
May 11Returns At Hut 8 Mining (TSE:HUT) Are On The Way Up
Apr 06Investors Will Want Hut 8 Mining's (TSE:HUT) Growth In ROCE To Persist
Jan 04These 4 Measures Indicate That Hut 8 Mining (TSE:HUT) Is Using Debt Reasonably Well
Nov 13Returns On Capital Are Showing Encouraging Signs At Hut 8 Mining (TSE:HUT)
Sep 19Results: Hut 8 Mining Corp. Delivered A Surprise Loss And Now Analysts Have New Forecasts
Aug 15We Don’t Think Hut 8 Mining's (TSE:HUT) Earnings Should Make Shareholders Too Comfortable
Apr 01Here's Why I Think Hut 8 Mining (TSE:HUT) Might Deserve Your Attention Today
Mar 29Here's Why Hut 8 Mining (TSE:HUT) Can Afford Some Debt
Feb 04
Do Institutions Own Hut 8 Mining Corp. (TSE:HUT) Shares?
Dec 31Did Hut 8 Mining's (TSE:HUT) Share Price Deserve to Gain 24%?
Nov 26Hut 8 Mining Corp.'s (TSE:HUT) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Jul 24Shareholder Returns
| HUT | CA Software | CA Market | |
|---|---|---|---|
| 7D | -1.6% | 0.3% | 0.5% |
| 1Y | -64.5% | -9.8% | -0.6% |
Return vs Industry: HUT underperformed the Canadian Software industry which returned -6.8% over the past year.
Return vs Market: HUT underperformed the Canadian Market which returned -0.4% over the past year.
Price Volatility
| HUT volatility | |
|---|---|
| HUT Average Weekly Movement | 17.0% |
| Software Industry Average Movement | 11.5% |
| Market Average Movement | 9.9% |
| 10% most volatile stocks in CA Market | 19.4% |
| 10% least volatile stocks in CA Market | 3.9% |
Stable Share Price: HUT is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: HUT's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 44 | Jaime Leverton | https://hut8mining.com |
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. Fundamentals Summary
| HUT fundamental statistics | |
|---|---|
| Market Cap | CA$490.55m |
| Earnings (TTM) | -CA$167.32m |
| Revenue (TTM) | CA$186.75m |
2.6x
P/S Ratio-2.9x
P/E RatioIs HUT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HUT income statement (TTM) | |
|---|---|
| Revenue | CA$186.75m |
| Cost of Revenue | CA$157.51m |
| Gross Profit | CA$29.24m |
| Other Expenses | CA$196.56m |
| Earnings | -CA$167.32m |
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.85 |
| Gross Margin | 15.66% |
| Net Profit Margin | -89.60% |
| Debt/Equity Ratio | 5.9% |
How did HUT perform over the long term?
See historical performance and comparison