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TSE:HUT

Hut 8 (HUT) Stock Price, News & Analysis

C$20.98
+0.53 (+2.59%)
(As of 07/26/2024 ET)
Today's Range
C$20.77
C$22.80
50-Day Range
C$11.84
C$28.60
52-Week Range
C$8.35
C$28.87
Volume
1.11 million shs
Average Volume
1.44 million shs
Market Capitalization
C$1.90 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
HUT stock logo

About Hut 8 Stock (TSE:HUT)

Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services for digital asset mining site owners, governments, and data center developers. In addition, the company provides colocation, cloud, and connectivity services; hosting services, which include the provision of mining equipment and space, as well as monitors, troubleshoots, repairs, and maintains customer mining equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.

HUT Stock Price History

HUT Stock News Headlines

Closing Bell: Hut 8 Corp down on Tuesday (HUT)
Hut 8 Unusual Options Activity For July 17
Breaking News: Elon Musk Invents New Type of A.I. (Shocking)
Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.
Craig-Hallum Keeps Their Buy Rating on Hut 8 Mining Corp (HUT)
Closing Bell: Hut 8 Corp up on Tuesday (HUT)
Hut 8 Corp.: Hut 8 Operations Update for April 2024
Breaking News: Elon Musk Invents New Type of A.I. (Shocking)
Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.
Hut 8, Root among financial movers
Hut 8 Corp.: Hut 8 Operations Update for March 2024
See More Headlines
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Company Calendar

Last Earnings
5/15/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/13/2024

Industry, Sector and Symbol

Industry
Capital Markets
Sub-Industry
Banking
CIK
N/A
Fax
N/A
Employees
40
Year Founded
N/A

Profitability

Net Income
C$253.59 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$157.30 million
Cash Flow
C$2.67 per share
Book Value
C$8.18 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.90 billion
Optionable
Not Optionable
Beta
3.45
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Key Executives

  • Mr. Asher Kevin Genoot (Age 28)
    Co-Founder, CEO, President & Director
    Comp: $757.77k
  • Mr. Michael Ho (Age 30)
    Co- Founder, Chief Strategy Officer & Director
    Comp: $748.06k
  • Mr. Shenif Visram C.M.A. (Age 50)
    C.P.A., Chief Financial Officer
  • Mr. James Beer
    Senior Vice President of Operations
  • Ms. Erin Dermer
    Senior Vice President of Communications & Culture
  • Ms. Suzanne Ennis
    Vice President of Corporate Development

HUT Stock Analysis - Frequently Asked Questions

How have HUT shares performed this year?

Hut 8's stock was trading at C$17.68 on January 1st, 2024. Since then, HUT shares have increased by 18.7% and is now trading at C$20.98.
View the best growth stocks for 2024 here
.

How were Hut 8's earnings last quarter?

Hut 8 Corp. (TSE:HUT) posted its quarterly earnings results on Wednesday, May, 15th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.08) by $0.15. The business earned $69.75 million during the quarter, compared to analysts' expectations of $72.44 million. Hut 8 had a net margin of 156.36% and a negative trailing twelve-month return on equity of 122.68%.

How do I buy shares of Hut 8?

Shares of HUT 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:HUT) was last updated on 7/26/2024 by MarketBeat.com Staff

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