Hut 8 (HUT) Stock Price, News & Analysis

Company Overview

Hut 8 Mining Corp is North America's innovation-focused digital asset miner. Located in energy-rich Alberta, Canada. Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly-traded company globally. It is executing on its commitment to mining and holding bitcoin and has a diversified business and revenue strategy to grow and protect shareholder value regardless of bitcoin's market direction.

Key Stats

• Today's Range: C$35.80 to C$37.25
• 50-Day Range: C$21.83 to C$36.69
• 52-Week Range: C$11.86 to C$45.20
• Volume: 1.36 million shs
• Average Volume: 1.50 million shs
• Market Capitalization: C$3.87 billion
• P/E Ratio: 25.13
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Strong Buy

HUT Stock Analysis - Frequently Asked Questions

How have HUT shares performed this year?

Hut 8's stock was trading at C$29.44 on January 1st, 2025. Since then, HUT stock has increased by 24.6% and is now trading at C$36.69.

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.

What other stocks do shareholders of Hut 8 own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hut 8 investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Riot Platforms (RIOT) and NIO (NIO).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Capital Markets
• Sub-Industry: Banking
• Current Symbol: TSE:HUT
• CIK: N/A
• Web: www.hut8mining.com
• Phone: 647 256 1992
• Fax: N/A
• Employees: 219
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): C$1.46
• Trailing P/E Ratio: 25.13
• Forward P/E Ratio: 65.56
• P/E Growth: N/A
• Net Income: C$193.22 million
• Net Margins: 135.55%
• Pretax Margin: N/A
• Return on Equity: 40.91%
• Return on Assets: -4.25%

Debt

• Debt-to-Equity Ratio: 55.87
• Current Ratio: 1.68
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: C$550.39 million
• Price / Sales: 7.03
• Cash Flow: C$4.67 per share
• Price / Cash Flow: 7.86
• Book Value: C$10.14 per share
• Price / Book: 3.62

Miscellaneous

• Outstanding Shares: 105,528,000
• Free Float: N/A
• Market Cap: C$3.87 billion
• Optionable: Not Optionable
• Beta: 4.58