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NASDAQ:SDIG

Stronghold Digital Mining (SDIG) Stock Price, News & Analysis

$3.22
+0.05 (+1.58%)
(As of 07/26/2024 ET)
Today's Range
$3.11
$3.37
50-Day Range
$2.71
$4.68
52-Week Range
$1.65
$11.56
Volume
623,288 shs
Average Volume
705,828 shs
Market Capitalization
$49.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.83

Stronghold Digital Mining MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
112.2% Upside
$6.83 Price Target
Short Interest
Healthy
5.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.39mentions of Stronghold Digital Mining in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$79,790 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.94) to ($1.73) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.72 out of 5 stars

Finance Sector

528th out of 898 stocks

Nondepository Credit Institutions Industry

28th out of 53 stocks

SDIG stock logo

About Stronghold Digital Mining Stock (NASDAQ:SDIG)

Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on Bitcoin mining in the United States. It operates in two segments, Energy Operations and Cryptocurrency Operations. It also owns and operates coal refuse power generation facilities; and provides environmental remediation and reclamation services. The company was incorporated in 2021 and is headquartered in New York, New York.

SDIG Stock Price History

SDIG Stock News Headlines

625,000% Gain
Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.
625,000% Gain
Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
7/26/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
Banking
Current Symbol
NASDAQ:SDIG
Fax
N/A
Employees
20
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.83
High Stock Price Target
$8.50
Low Stock Price Target
$5.00
Potential Upside/Downside
+105.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-71,400,000.00
Pretax Margin
-57.88%

Debt

Sales & Book Value

Annual Sales
$74.97 million
Cash Flow
$2.21 per share
Book Value
$3.90 per share

Miscellaneous

Free Float
8,062,000
Market Cap
$51.03 million
Optionable
Optionable
Beta
2.80
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SDIG Stock Analysis - Frequently Asked Questions

How have SDIG shares performed this year?

Stronghold Digital Mining's stock was trading at $7.30 at the start of the year. Since then, SDIG stock has decreased by 55.9% and is now trading at $3.22.
View the best growth stocks for 2024 here
.

How were Stronghold Digital Mining's earnings last quarter?

Stronghold Digital Mining, Inc. (NASDAQ:SDIG) issued its earnings results on Thursday, May, 2nd. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.44. The business earned $27.52 million during the quarter. Stronghold Digital Mining had a trailing twelve-month return on equity of 27.19% and a net margin of 3.58%.

When did Stronghold Digital Mining's stock split?

Stronghold Digital Mining's stock reverse split on the morning of Tuesday, May 16th 2023. The 1-10 reverse split was announced on Tuesday, May 16th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did Stronghold Digital Mining IPO?

Stronghold Digital Mining (SDIG) raised $114 million in an IPO on Wednesday, October 20th 2021. The company issued 6,687,305 shares at a price of $16.00-$18.00 per share.

Who are Stronghold Digital Mining's major shareholders?

Top institutional shareholders of Stronghold Digital Mining include Western Wealth Management LLC (0.09%) and RFG Advisory LLC (0.07%). Insiders that own company stock include Gregory A Beard, William B Spence, Matthew J Smith, Ryan M Weber and Richard J Shaffer.
View institutional ownership trends
.

How do I buy shares of Stronghold Digital Mining?

Shares of SDIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SDIG) was last updated on 7/26/2024 by MarketBeat.com Staff

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