Bitfarms Ltd. (TSE:BITF - Get Free Report) insider Jeffrey Lucas acquired 7,318 shares of the company's stock in a transaction on Monday, August 25th. The shares were bought at an average price of C$1.72 per share, for a total transaction of C$12,565.74. Following the completion of the purchase, the insider owned 291,412 shares in the company, valued at approximately C$500,383.55. This represents a 2.58% increase in their position.
Jeffrey Lucas also recently made the following trade(s):
- On Wednesday, June 11th, Jeffrey Lucas sold 5,410 shares of Bitfarms stock. The stock was sold at an average price of C$1.27, for a total transaction of C$6,870.70.
Bitfarms Stock Performance
Shares of Bitfarms stock traded up C$0.41 during trading hours on Tuesday, hitting C$2.18. 9,696,387 shares of the company's stock traded hands, compared to its average volume of 2,250,135. The stock has a market capitalization of C$1.20 billion, a price-to-earnings ratio of -13.63 and a beta of 4.35. The company has a debt-to-equity ratio of 4.68, a current ratio of 3.70 and a quick ratio of 0.63. Bitfarms Ltd. has a 12-month low of C$0.96 and a 12-month high of C$3.85. The company has a fifty day simple moving average of C$1.65 and a 200-day simple moving average of C$1.46.
Bitfarms Company Profile
(
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Bitfarms is a global, publicly traded NASDAQ/TSX: BITF Bitcoin mining company. Bitfarms develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Companyâ¿¿s proprietary data analytics system delivers best-in-class operational performance and uptime.Bitfarms currently has 10 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.
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