HIVE Stock Overview
HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland.
HIVE Blockchain Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$4.71|
|52 Week High||CA$32.85|
|52 Week Low||CA$4.15|
|1 Month Change||-55.36%|
|3 Month Change||-62.02%|
|1 Year Change||-70.65%|
|3 Year Change||62.41%|
|5 Year Change||359.51%|
|Change since IPO||-88.23%|
Recent News & Updates
HIVE Blockchain Technologies Ltd.'s (CVE:HIVE) 30% Dip In Price Shows Sentiment Is Matching Earnings
HIVE Blockchain Technologies Ltd. ( CVE:HIVE ) shareholders won't be pleased to see that the share price has had a very...
HIVE Blockchain Technologies (CVE:HIVE) Could Become A Multi-Bagger
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
|HIVE||CA Software||CA Market|
Return vs Industry: HIVE underperformed the Canadian Software industry which returned -20.6% over the past year.
Return vs Market: HIVE underperformed the Canadian Market which returned 5.2% over the past year.
|HIVE Average Weekly Movement||15.5%|
|Software Industry Average Movement||12.1%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||17.0%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: HIVE is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: HIVE's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. It engages in the mining and sale of digital currencies, including Ethereum, Ethereum Classic, and Bitcoin. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd.
HIVE Blockchain Technologies Fundamentals Summary
|HIVE fundamental statistics|
Is HIVE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HIVE income statement (TTM)|
|Cost of Revenue||US$26.07m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||1.84|
|Net Profit Margin||79.22%|
How did HIVE perform over the long term?See historical performance and comparison
Is HIVE Blockchain Technologies undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate HIVE's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate HIVE's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: HIVE is good value based on its Price-To-Earnings Ratio (2x) compared to the Canadian Software industry average (44.8x).
PE vs Market: HIVE is good value based on its Price-To-Earnings Ratio (2x) compared to the Canadian market (11.5x).
Price to Earnings Growth Ratio
PEG Ratio: HIVE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HIVE is good value based on its Price-To-Book Ratio (0.7x) compared to the CA Software industry average (2.3x).
How is HIVE Blockchain Technologies forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HIVE's earnings are forecast to decline over the next 3 years (-37.5% per year).
Earnings vs Market: HIVE's earnings are forecast to decline over the next 3 years (-37.5% per year).
High Growth Earnings: HIVE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HIVE's revenue (0.6% per year) is forecast to grow slower than the Canadian market (6.3% per year).
High Growth Revenue: HIVE's revenue (0.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HIVE's Return on Equity is forecast to be high in 3 years time
How has HIVE Blockchain Technologies performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HIVE has a high level of non-cash earnings.
Growing Profit Margin: HIVE's current net profit margins (79.2%) are higher than last year (76.3%).
Past Earnings Growth Analysis
Earnings Trend: HIVE has become profitable over the past 5 years, growing earnings by 41.8% per year.
Accelerating Growth: HIVE's earnings growth over the past year (416%) exceeds its 5-year average (41.8% per year).
Earnings vs Industry: HIVE earnings growth over the past year (416%) exceeded the Software industry -9.1%.
Return on Equity
High ROE: HIVE's Return on Equity (35.1%) is considered high.
How is HIVE Blockchain Technologies's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: HIVE's short term assets ($268.5M) exceed its short term liabilities ($15.4M).
Long Term Liabilities: HIVE's short term assets ($268.5M) exceed its long term liabilities ($39.8M).
Debt to Equity History and Analysis
Debt Level: HIVE has more cash than its total debt.
Reducing Debt: HIVE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: HIVE's debt is well covered by operating cash flow (167%).
Interest Coverage: HIVE's interest payments on its debt are well covered by EBIT (41.7x coverage).
What is HIVE Blockchain Technologies's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HIVE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HIVE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HIVE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HIVE's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as HIVE has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Frank Holmes (66 yo)
Mr. Frank Edward Holmes serves as Chief Executive Officer at U.S. Global Investors, Inc. since October 1989 and has been its Chief Investment Officer since June 1999. Mr. Holmes serves as the Director of U...
Experienced Management: HIVE's management team is considered experienced (2.1 years average tenure).
Experienced Board: HIVE's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.
HIVE Blockchain Technologies Ltd.'s employee growth, exchange listings and data sources
- Name: HIVE Blockchain Technologies Ltd.
- Ticker: HIVE
- Exchange: TSXV
- Founded: 1987
- Industry: Application Software
- Sector: Software
- Implied Market Cap: CA$387.360m
- Shares outstanding: 82.24m
- Website: https://www.hiveblockchain.com
Number of Employees
- HIVE Blockchain Technologies Ltd.
- 789 West Pender Street
- Suite 855
- British Columbia
- V6C 1H2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/25 00:00|
|End of Day Share Price||2022/05/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.