company background image
BMNR logo

Bitmine Immersion Technologies OTCPK:BMNR Stock Report

Last Price

US$0.65

Market Cap

US$32.3m

7D

-9.9%

1Y

-31.7%

Updated

28 Apr, 2024

Data

Company Financials

Bitmine Immersion Technologies, Inc.

OTCPK:BMNR Stock Report

Market Cap: US$32.3m

BMNR Stock Overview

Bitmine Immersion Technologies, Inc. operates as a blockchain technology company in the United States.

BMNR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Bitmine Immersion Technologies, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bitmine Immersion Technologies
Historical stock prices
Current Share PriceUS$0.65
52 Week HighUS$3.19
52 Week LowUS$0.22
Beta0.81
1 Month Change-5.94%
3 Month Change-18.88%
1 Year Change-31.68%
3 Year Change-35.10%
5 Year Change54.52%
Change since IPO-100.00%

Recent News & Updates

Recent updates

Shareholder Returns

BMNRUS SoftwareUS Market
7D-9.9%2.5%2.9%
1Y-31.7%35.0%22.2%

Return vs Industry: BMNR underperformed the US Software industry which returned 35% over the past year.

Return vs Market: BMNR underperformed the US Market which returned 22.2% over the past year.

Price Volatility

Is BMNR's price volatile compared to industry and market?
BMNR volatility
BMNR Average Weekly Movement24.5%
Software Industry Average Movement8.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: BMNR's share price has been volatile over the past 3 months.

Volatility Over Time: BMNR's weekly volatility has decreased from 43% to 25% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
19956Jonathan Batesbitminetech.io

Bitmine Immersion Technologies, Inc. operates as a blockchain technology company in the United States. The company engages in hosting third-party equipment used in mining of digital asset coins and tokens, primarily Bitcoin, as well as the self-mining for its own account. It also sells mining equipment to customers and related parties.

Bitmine Immersion Technologies, Inc. Fundamentals Summary

How do Bitmine Immersion Technologies's earnings and revenue compare to its market cap?
BMNR fundamental statistics
Market capUS$32.33m
Earnings (TTM)-US$3.52m
Revenue (TTM)US$1.79m

18.1x

P/S Ratio

-9.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BMNR income statement (TTM)
RevenueUS$1.79m
Cost of RevenueUS$1.18m
Gross ProfitUS$606.30k
Other ExpensesUS$4.12m
Earnings-US$3.52m

Last Reported Earnings

Feb 29, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.071
Gross Margin33.86%
Net Profit Margin-196.45%
Debt/Equity Ratio32.6%

How did BMNR perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.