BIT Mining Stock Price, News & Analysis (NYSE:BTCM) $3.70 -0.44 (-10.63%) (As of 12/7/2023 ET) Add Compare Share Share Today's Range$3.65▼$4.2050-Day Range$2.73▼$4.1452-Week Range$1.40▼$5.49Volume211,358 shsAverage Volume277,080 shsMarket Capitalization$41.12 millionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media BIT Mining MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish4.30% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.26Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.07) to $1.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.19 out of 5 starsBusiness Services Sector249th out of 267 stocksData Processing & Preparation Industry39th out of 44 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for BIT Mining. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.30% of the float of BIT Mining has been sold short.Short Interest Ratio / Days to CoverBIT Mining has a short interest ratio ("days to cover") of 7.5.Change versus previous monthShort interest in BIT Mining has recently increased by 1.49%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldBIT Mining does not currently pay a dividend.Dividend GrowthBIT Mining does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BTCM. Previous Next 1.8 News and Social Media Coverage News SentimentBIT Mining has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for BIT Mining this week, compared to 1 article on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, BIT Mining insiders have not sold or bought any company stock.Percentage Held by Insiders19.68% of the stock of BIT Mining is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 3.63% of the stock of BIT Mining is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for BIT Mining are expected to grow in the coming year, from ($1.07) to $1.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of BIT Mining is -0.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of BIT Mining is -0.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBIT Mining has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About BIT Mining Stock (NYSE:BTCM)BIT Mining Limited operates as a cryptocurrency mining company. The company operates through three segments: Mining Pool, Data Center, and Cryptocurrency Mining. It operates a cryptocurrency mining data center in Ohio with power capacity of 82.5 megawatts; and mining pool business, including the domain name and the cryptocurrency wallet of BTC.com, as well as purchases and deploys bitcoin mining machines. The company was formerly known as 500.com Limited and changed its name to BIT Mining Limited in April 2021. BIT Mining Limited was founded in 2001 and is based in Akron, Ohio.Read More BTCM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BTCM Stock News HeadlinesDecember 6, 2023 | markets.businessinsider.comNew research says bitcoin mining is sucking up more and more water, with use increasing 278% since 2020December 6, 2023 | americanbankingnews.comBIT Mining (NYSE:BTCM) Trading Down 0.5%December 7, 2023 | Edge On The Street (Ad)An Unusual Way to Invest in GoldMost financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines. November 30, 2023 | msn.comOne of China's biggest bitcoin mining companies now headquartered in Akron near GoodyearNovember 29, 2023 | msn.comBitcoin mining requires heavy water consumption, reveals studyNovember 24, 2023 | yahoo.comBitcoin mining rate hits all-time high amid record-breaking prediction for 2024November 18, 2023 | msn.comWhat is Bitcoin mining and how does it work?November 17, 2023 | msn.comBIT Mining Non-GAAP EPS of -$0.32, revenue of $77.02M beats by $2.52MDecember 7, 2023 | Financial Alphas (Ad)Recent Reports Are A Wake-Up Call For InvestorsAs the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.November 17, 2023 | finance.yahoo.comBIT Mining Limited Announces Unaudited Financial Results for the Third Quarter ended September 30, 2023November 17, 2023 | thestreet.comHow bitcoin mining became a major player in energy marketsNovember 16, 2023 | msn.comBIT Mining Q3 2023 Earnings PreviewNovember 10, 2023 | finance.yahoo.comBIT Mining Limited to Report Third Quarter 2023 Financial Results on November 17, 2023November 3, 2023 | msn.comBitcoin Mining Stocks Skyrocket By 10% As It Nears 17-Month HighOctober 31, 2023 | benzinga.comUnlocking Value in Bitcoin Mining - Analyst Selects RIOT And CLSK As Top PicksOctober 30, 2023 | msn.comWorst Kind of Mining for the Environment? It Might Be Bitcoin.October 24, 2023 | msn.comThe hidden and destructive environmental impact of Bitcoin miningOctober 23, 2023 | msn.comBitmain Eyes Launch Of Mining Machines For Privacy-Centric BlockchainOctober 14, 2023 | msn.comU.S. Government Monitors Chinese Bitcoin Mining Bases Amid National Security ConcernsSeptember 15, 2023 | msn.comSingapore’s SMI Vantage opts for S’wak to set up Bitcoin mining operationsAugust 30, 2023 | msn.comWhat Are the Best Countries For Mining Bitcoin in 2023?August 28, 2023 | msn.comBit Digital - This BTC Miner Is Leading The Charge For Sustainability In The IndustryAugust 25, 2023 | msn.comThese 3 Buy-Rated Bitcoin Mining Companies Are Poise To Run!August 24, 2023 | finance.yahoo.comLoss-Making BIT Mining Limited (NYSE:BTCM) Expected To Breakeven In The Medium-TermAugust 22, 2023 | bizjournals.comBit Mining Ltd. may move its crypto mine out of AkronAugust 18, 2023 | finance.yahoo.comBIT Mining Limited Announces Unaudited Financial Results for the Second Quarter ended June 30, 2023August 13, 2023 | markets.businessinsider.comBitmain KS3: Miner Orb Secures 2,500 Antminer KS3 Units Through Partnership with BitmainSee More Headlines Receive BTCM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BIT Mining and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today12/07/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/16/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Data processing & preparation Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:BTCM CUSIPN/A CIK1517496 Webwww.500.com Phone(346) 204-8537Fax86-755-8379-6070Employees74Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($12.53) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-155,410,000.00 Net Margins-46.87% Pretax Margin-44.80% Return on Equity-60.94% Return on Assets-35.36% Debt Debt-to-Equity RatioN/A Current Ratio1.17 Quick Ratio1.17 Sales & Book Value Annual Sales$304.97 million Price / Sales0.13 Cash Flow$1.75 per share Price / Cash Flow2.11 Book Value$4.99 per share Price / Book0.74Miscellaneous Outstanding Shares11,113,000Free Float8,926,000Market Cap$41.12 million OptionableOptionable Beta2.69 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Man San Law (Age 55)Executive Director Mr. Bo Yu (Age 55)COO, General Counsel & Chairman of the Board Mr. Xianfeng Yang (Age 54)Chief Executive Officer Mr. Yuan Qiang (Age 49)Chief Financial Officer Danni ZhengVice President & Investment DirectorEllen ChiuSenior IR DirectorMore ExecutivesKey CompetitorsSilverSun TechnologiesNASDAQ:SSNTSAI.TECH GlobalNASDAQ:SAIMercurity FintechNASDAQ:MFHVeritoneNASDAQ:VERIJianzhi Education Technology GroupNASDAQ:JZView All Competitors BTCM Stock Analysis - Frequently Asked Questions Should I buy or sell BIT Mining stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BIT Mining in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BTCM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BTCM, but not buy additional shares or sell existing shares. View BTCM analyst ratings or view top-rated stocks. How have BTCM shares performed in 2023? BIT Mining's stock was trading at $1.58 at the beginning of 2023. Since then, BTCM shares have increased by 134.2% and is now trading at $3.70. View the best growth stocks for 2023 here. When is BIT Mining's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, February 16th 2024. View our BTCM earnings forecast. When did BIT Mining's stock split? Shares of BIT Mining reverse split on Friday, December 23rd 2022. The 1-10 reverse split was announced on Friday, December 23rd 2022. The number of shares owned by shareholders was adjusted after the closing bell on Friday, December 23rd 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. Who are BIT Mining's major shareholders? BIT Mining's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Concourse Financial Group Securities Inc. (0.00%). How do I buy shares of BIT Mining? Shares of BTCM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:BTCM) was last updated on 12/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding BIT Mining Limited Please log in to your account or sign up in order to add this asset to your watchlist. 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