Bitfarms (TSE:BITF) Insider Marieve Rodrigue Sells 45,000 Shares

Key Points

• Marieve Rodrigue, an insider at Bitfarms, sold 45,000 shares of the company's stock for a total of C$215,100 at an average price of C$4.78 on September 18th.
• Following the sale, Bitfarms shares traded down C$0.07 to C$4.34, with a notable market cap of C$2.40 billion.
• Bitfarms operates globally with 10 mining farms in four countries, including Canada and the United States, and utilizes an in-house management system for optimal performance.

Bitfarms Ltd. (TSE:BITF - Get Free Report) insider Marieve Rodrigue sold 45,000 shares of Bitfarms stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of C$4.78, for a total value of C$215,100.00.

Bitfarms Price Performance

Shares of Bitfarms stock traded down C$0.08 during trading on Monday, reaching C$4.22. The company's stock had a trading volume of 9,377,084 shares, compared to its average volume of 2,878,169. The company has a quick ratio of 0.63, a current ratio of 3.70 and a debt-to-equity ratio of 4.68. Bitfarms Ltd. has a 12-month low of C$0.96 and a 12-month high of C$4.96. The company has a market capitalization of C$2.33 billion, a P/E ratio of -26.38 and a beta of 4.35. The business has a 50 day moving average price of C$2.07 and a 200-day moving average price of C$1.59.

Bitfarms Company Profile

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.