TSE:HUT

Hut 8 Mining (HUT) Stock Forecast, Price & News

C$2.55

-0.07 (-2.67%)

(As of 06/9/2023 ET)

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Today's Range: C$2.53
▼
C$2.68
50-Day Range: C$2.24
▼
C$2.93
52-Week Range: C$1.08
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C$4.77

Volume: 1.23 million shs
Average Volume: 4.38 million shs
Market Capitalization: C$564.24 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Profile Analyst Ratings Chart Competitors Earnings Insider Trades Headlines Social Media

About Hut 8 Mining (TSE:HUT) Stock

Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. The company engages in industrial scale bitcoin mining operations. It also owns and operates 38 BlockBoxes in Drumheller, Alberta; and 51 BlockBoxes in Medicine Hat, Alberta. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada.

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HUT Stock News Headlines

May 30, 2023 | forbes.com

Crypto Mining Stocks Rally As U.S. Debt Ceiling Deal Stalls 30% Bitcoin Mining Tax

May 26, 2023 | theglobeandmail.com

Closing Bell: Hut 8 Mining Corp WT A flat on Thursday (HUT-WT-A)

June 9, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

May 18, 2023 | theglobeandmail.com

Closing Bell: Hut 8 Mining Corp down on Thursday (HUT)

May 17, 2023 | investing.com

Hut 8 Mining Corp DRC (HUT)

May 16, 2023 | proactiveinvestors.com

Hut 8 Mining merger with USBTC emerges as key upside catalyst, analysts say

May 11, 2023 | theglobeandmail.com

Closing Bell: Hut 8 Mining Corp up on Wednesday (HUT)

May 5, 2023 | msn.com

Unusual Call Option Trade in Hut 8 Mining (HUT) Worth $119.20K

June 9, 2023 | Behind the Markets (Ad)

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April 17, 2023 | msn.com

Better Buy: Hive Blockchain Stock vs. Hut 8

April 17, 2023 | msn.com

Better Buy: Hive Blockchain Stock vs. Hut 8

April 12, 2023 | theglobeandmail.com

Closing Bell: Hut 8 Mining Corp up on Tuesday (HUT)

April 8, 2023 | theglobeandmail.com

Closing Bell: Hut 8 Mining Corp flat on Thursday (HUT)

April 6, 2023 | theglobeandmail.com

Closing Bell: Hut 8 Mining Corp down on Wednesday (HUT)

March 24, 2023 | americanbankingnews.com

Hut 8 Mining Corp. (TSE:HUT) to Post Q1 2023 Earnings of ($0.03) Per Share, DA Davidson Forecasts

March 21, 2023 | americanbankingnews.com

Hut 8 Mining Corp. (TSE:HUT) Expected to Earn FY2024 Earnings of ($0.10) Per Share

March 13, 2023 | msn.com

Why Shares of Riot Blockchain, Marathon Digital, Hut 8 Mining, and Bitfarms Are Surging Today

March 10, 2023 | marketwatch.com

Hut 8: Canadian Competition Regulator Won't Challenge Merger with US Bitcoin

March 10, 2023 | finance.yahoo.com

Hut 8 Provides Update on Business Combination with USBTC

February 21, 2023 | marketwatch.com

Hut 8: Validus Power Denies Charges, Seeks Damages with Counterclaims

February 8, 2023 | finance.yahoo.com

Bitcoin Miners Hut 8, US Bitcoin to Combine in Stock Merger (1)_

February 7, 2023 | marketwatch.com

Hut 8 Shares Drop After Deal to Merge With U.S. Data Mining

February 7, 2023 | theglobeandmail.com

Canada’s Hut 8 Mining to merge with US Bitcoin in bid to weather crypto downturn

February 7, 2023 | msn.com

Canada's Hut 8 Mining to merge with US Bitcoin to weather crypto downturn

February 7, 2023 | tmcnet.com

Hut 8 and US Bitcoin announce merger of

February 7, 2023 | marketwatch.com

Hut 8 Mining, U.S. Data Mining Group Merging

February 7, 2023 | markets.businessinsider.com

Hut 8 USBTC Announce All-stock Merger

See More Headlines

HUT Price History

30 days | 90 days | 365 days | Advanced Chart

HUT Company Calendar

Last Earnings: 5/11/2023
Today: 6/09/2023
Next Earnings (Estimated): 8/10/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Capital Markets
Sub-Industry: N/A
Sector: Finance
Current Symbol: TSE:HUT
CUSIP: N/A
CIK: N/A
Web: www.hut8mining.com
Phone: 647 256 1992
Fax: N/A
Employees: 43
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): C($1.08)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$-190,020,000.00
Net Margins: -163.29%
Pretax Margin: N/A
Return on Equity: -33.90%
Return on Assets: -8.70%

Debt

Debt-to-Equity Ratio: 10.26
Current Ratio: 9.85
Quick Ratio: 1.26

Sales & Book Value

Annual Sales: C$116.37 million
Price / Sales: 4.85
Cash Flow: C$0.32 per share
Price / Cash Flow: 7.86
Book Value: C$2.13 per share
Price / Book: 1.20

Miscellaneous

Outstanding Shares: 221,270,000
Free Float: N/A
Market Cap: C$564.24 million
Optionable: Not Optionable
Beta: 3.36

Key Executives

Ms. Jaime Leverton (Age 45)
CEO & Director
Comp: $975k

Ms. Sue Ennis
VP of Corp. Devel.

Ms. Viktoriya Griffin
Corp. Sec.

Mr. Shenif Visram C.M.A.
CPA, Chief Financial Officer

Mr. James Beer
Sr. VP of Operations

Mr. Aniss Amdiss
Chief Legal Officer

Ms. Erin Dermer
Sr. VP of Communications & Culture

Mr. Josh Rayner
VP of Sales

Key Competitors

View All Competitors

Insiders

Jason Alexander Zaluski
Sold 46,666 shares
Total: C$91,488.69 ($1.96/share)

View All Insider Transactions

HUT Stock - Frequently Asked Questions

Should I buy or sell Hut 8 Mining stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hut 8 Mining in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HUT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HUT, but not buy additional shares or sell existing shares.
View HUT analyst ratings or view top-rated stocks.
How have HUT shares performed in 2023?: Hut 8 Mining's stock was trading at C$1.16 at the beginning of the year. Since then, HUT stock has increased by 119.8% and is now trading at C$2.55.
View the best growth stocks for 2023 here.
When is Hut 8 Mining's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our HUT earnings forecast.
How were Hut 8 Mining's earnings last quarter?: Hut 8 Mining Corp. (TSE:HUT) announced its earnings results on Thursday, May, 11th. The company reported ($0.12) earnings per share for the quarter, beating analysts' consensus estimates of ($0.14) by $0.02. The company earned $19.02 million during the quarter, compared to analysts' expectations of $19.80 million. Hut 8 Mining had a negative net margin of 163.29% and a negative trailing twelve-month return on equity of 33.90%.

What is Hut 8 Mining's stock symbol?: Hut 8 Mining trades on the Toronto Stock Exchange (TSX) under the ticker symbol "HUT."
How do I buy shares of Hut 8 Mining?: 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.
What is Hut 8 Mining's stock price today?: One share of HUT stock can currently be purchased for approximately C$2.55.
How much money does Hut 8 Mining make?: Hut 8 Mining (TSE:HUT) has a market capitalization of C$564.24 million and generates C$116.37 million in revenue each year. The company earns C$-190,020,000.00 in net income (profit) each year or C($1.08) on an earnings per share basis.
How can I contact Hut 8 Mining?: Hut 8 Mining's mailing address is 130 King Street West, Suite 1800, Toronto, Ontario M5X 1E3. The official website for the company is www.hut8mining.com. The company can be reached via phone at 647 256 1992.

This page (TSE:HUT) was last updated on 6/9/2023 by MarketBeat.com Staff

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