TSE:BITF Bitfarms (BITF) Stock Price, News & Analysis C$3.73 +0.17 (+4.78%) (As of 07/26/2024 ET) Add Compare Share Share Today's RangeC$3.66▼C$3.8450-Day RangeC$2.37▼C$4.3452-Week RangeC$1.26▼C$5.25Volume3.03 million shsAverage Volume4.10 million shsMarket CapitalizationC$1.40 billionP/E RatioN/ADividend YieldN/APrice TargetC$7.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades Get Bitfarms alerts: Email Address Bitfarms MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside101.1% UpsideC$7.50 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment-0.30Based on 4 Articles This WeekInsider TradingSelling SharesC$145,775 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.1.18 out of 5 stars 3.5 Analyst's Opinion Consensus RatingBitfarms has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageBitfarms has only been the subject of 1 research reports in the past 90 days.Read more about Bitfarms' stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for BITF. Previous Next 0.0 Dividend Strength Dividend YieldBitfarms does not currently pay a dividend.Dividend GrowthBitfarms 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 BITF. Previous Next 1.5 News and Social Media Coverage News SentimentBitfarms has a news sentiment score of -0.30. 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 0.72 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Bitfarms this week, compared to 2 articles on an average week.Search Interest28 people have searched for BITF on MarketBeat in the last 30 days. This is an increase of 56% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Bitfarms to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bitfarms insiders have sold 24.49% more of their company's stock than they have bought. Specifically, they have bought C$117,100.00 in company stock and sold C$145,775.00 in company stock.Percentage Held by InsidersOnly 4.42% of the stock of Bitfarms is held by insiders.Percentage Held by InstitutionsOnly 22.89% of the stock of Bitfarms is held by institutions.Read more about Bitfarms' insider trading history. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Bitfarms is -6.78, 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 Bitfarms is -6.78, 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 RatioBitfarms has a P/B Ratio of 4.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Oxford ClubDon't Pay a Dime for Marc Lichtenfeld's Top AI PicksUsually, you'd have to plunk down a hefty sum to get your hands on Marc Lichtenfeld's latest income research... But today, the author of Get Rich with Dividends is feeling extra generous...Click here now to claim your FREE copy of Marc's AI playbook. About Bitfarms Stock (TSE:BITF)Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is based in Toronto, Canada.Read More BITF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BITF Stock News HeadlinesJuly 5, 2024 | insidertrades.comInsider Selling: Bitfarms Ltd. (TSE:BITF) Senior Officer Sells 42,500 Shares of StockJuly 25 at 11:37 PM | msn.comBitfarms’ (TSE:BITF) Plan to Repel Riot Platforms Stopped by TribunalJuly 27, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."July 25 at 1:25 PM | msn.comBitcoin Mining Drama: Canada Crushes Bitfarms' Controversial 'Poison Pill' Strategy!July 25 at 1:25 PM | msn.comCanada's Tribunal Delivers Blow to Bitfarms: Bitcoin Mining Giant's 'Poison Pill' Strategy Crushed!July 19, 2024 | msn.comBitfarms (NASDAQ:BITF) Plunges despite Buy Rating from H.C. WainwrightJuly 19, 2024 | markets.businessinsider.comBuy Rating Affirmed: Bitfarms’ Strategic Vision and Growth Trajectory Signal Robust PotentialMay 28, 2024 | markets.businessinsider.comBuy Rating Affirmed for Riot Platforms Amid Strategic Acquisition of BitfarmsJuly 27, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."May 28, 2024 | markets.businessinsider.comStrategic Expansion and Growth: RIOT’s Takeover of Bitfarms and the Quest for Industry LeadershipMay 28, 2024 | bizjournals.comColorado bitcoin miner makes $950M bid to take over Canadian competitorMay 28, 2024 | msn.comBitfarms jumps after report it rejected $2.30 a sharer offer from rival Riot PlatformsMay 28, 2024 | bloomberg.comRiot Platforms Pursues Takeover of Rival Bitcoin Miner BitfarmsMay 15, 2024 | marketwatch.comBitfarms Shares Gain on Narrowed Loss, Revenue GrowthMay 15, 2024 | markets.businessinsider.comBitfarms Ltd. Reports Q1 Loss, Lags Revenue EstimatesMay 13, 2024 | msn.comBitfarms CEO steps down amid intensifying legal disputeMay 13, 2024 | marketwatch.comBitfarms Terminates CEO Geoffrey Morphy Early as Former Exec Launches LawsuitMay 13, 2024 | markets.businessinsider.comBitfarms Terminates Geoffrey Morphy; Nicolas Bonta Appointed As Interim President & CEOSee More Headlines Receive BITF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bitfarms and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Capital Markets Sub-IndustryBanking Current SymbolTSE:BITF CUSIPN/A CIKN/A Webwww.bitfarms.com Phone647-259-1790FaxN/AEmployees110Year FoundedN/APrice Target and Rating Average Stock Price TargetC$7.50 High Stock Price TargetC$7.50 Low Stock Price TargetC$7.50 Potential Upside/Downside+101.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.55) Trailing P/E RatioN/A Forward P/E Ratio90.98 P/E GrowthN/ANet IncomeC$-104,040,000.00 Net Margins-71.08% Pretax MarginN/A Return on Equity-37.82% Return on Assets-10.53% Debt Debt-to-Equity Ratio6.74 Current Ratio1.88 Quick Ratio0.63 Sales & Book Value Annual SalesC$146.37 million Price / Sales9.57 Cash FlowC$0.93 per share Price / Cash Flow4.00 Book ValueC$0.88 per share Price / Book4.24Miscellaneous Outstanding Shares375,690,000Free FloatN/AMarket CapC$1.40 billion OptionableNot Optionable Beta3.33 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. L. Geoffrey MorphyPresident, CEO & DirectorMr. Jeffrey P. Lucas (Age 64)Chief Financial Officer Comp: $617.37kMr. Benoit GobeilExecutive Vice President of Infrastructure & OperationsMs. Stephanie WargoVice President of Marketing & CommunicationsMr. Benjamin GagnonChief Mining OfficerMr. Marc-Andre AmmannVice President Finance & AccountingMs. Tracy H. Krumme (Age 56)Senior VP & Head of Investor Relations Mr. Philippe FortierSenior Vice President of Corporate DevelopmentMs. Andrea Keen SouzaVice-President of Human ResourcesPaul MagrathVice President of Taxation & SustainabilityMore ExecutivesKey CompetitorsHut 8TSE:HUTWestaimCVE:WEDPoints.comTSE:PTSDialogue Health TechnologiesTSE:CAREMerus Labs InternationalTSE:MSLView All CompetitorsInsidersRiot Platforms, Inc.Bought 1,132 shares on 7/9/2024Total: C$2,898.03 ($2.56/share)Benoit GobeilSold 42,500 sharesTotal: C$145,775.00 ($3.43/share)Riot Platforms, Inc.Bought 52,600 shares on 6/11/2024Total: C$112,564.00 ($2.14/share)Riot Platforms, Inc.Bought 700 shares on 6/3/2024Total: C$1,637.65 ($2.34/share)Paul MagrathSold 6,178 sharesTotal: C$18,286.88 ($2.96/share)View All Insider Transactions BITF Stock Analysis - Frequently Asked Questions How have BITF shares performed this year? Bitfarms' stock was trading at C$3.85 at the start of the year. Since then, BITF shares have decreased by 3.1% and is now trading at C$3.73. View the best growth stocks for 2024 here. How do I buy shares of Bitfarms? Shares of BITF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:BITF) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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