Hut 8 Mining Corp (TSE:HUT)
Canadian Market

Hut 8 Mining Corp Stock Analysis & Ratings

Hut 8 Mining Corp Stock Analysis Overview

Smart Score
Learn more about TipRanks Smart Score
The Hut 8 Mining Corp stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.

Stock Chart


TSE:HUT Stock Stats

Previous CloseC$7.58
Bid7.25 x 68300
Ask7.25 x 81300
Today’s RangeC$0 - C$0
52-Week RangeC$3.91 - C$20.61
Average Volume2.83M
Market CapC$1.30B
P/E Ratio13.2
Earnings DateMay 09, 2022

Company Description

Hut 8 Mining Corp

Hut 8 Mining Corp is a cryptocurrency mining company with industrial scale bitcoin mining operations in Canada. It provides investors with direct exposure to bitcoin, without the technical complexity or constraints of purchasing the underlying cryptocurrency. It is in the business of utilizing specialized equipment to solve complex computational problems to validate transactions on the bitcoin blockchain. The company receives bitcoin in return from the commercial activity of bitcoin mining.
Capital Markets
Jaime Leverton
130 King Street West, Toronto, ON, M5X 2A2, CA


P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.


What was Hut 8 Mining Corp’s price range in the past 12 months?
Hut 8 Mining Corp lowest stock price was C$3.91 and its highest was C$20.61 in the past 12 months.
    What is Hut 8 Mining Corp’s market cap?
    Hut 8 Mining Corp’s market cap is C$1.30B.
      What is Hut 8 Mining Corp’s price target?
      The average price target for Hut 8 Mining Corp is C$24.52. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is C$25.05 ,the lowest forecast is C$24.00. The average price target represents 215.17% Increase from the current price of C$7.78.
        What do analysts say about Hut 8 Mining Corp?
        Hut 8 Mining Corp’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 2 Wall Streets Analysts.
          When is Hut 8 Mining Corp’s upcoming earnings report date?
          Hut 8 Mining Corp’s upcoming earnings report date is May 09, 2022 which is in 108 days.
            How were Hut 8 Mining Corp’s earnings last quarter?
            Hut 8 Mining Corp released its earnings results on Nov 11, 2021. The company reported C$0.15 earnings per share for the quarter, beating the consensus estimate of C$0.13 by C$0.02.
              Is Hut 8 Mining Corp overvalued?
              According to Wall Street analysts Hut 8 Mining Corp’s price is currently Undervalued.
                Does Hut 8 Mining Corp pay dividends?
                Hut 8 Mining Corp does not currently pay dividends.
                What is Hut 8 Mining Corp’s EPS estimate?
                Hut 8 Mining Corp’s EPS estimate for its next earnings report is not yet available.
                How many shares outstanding does Hut 8 Mining Corp have?
                Hut 8 Mining Corp has 169,590,000 shares outstanding.
                  What happened to Hut 8 Mining Corp’s price movement after its last earnings report?
                  Hut 8 Mining Corp reported an EPS of C$0.15 in its last earnings report, beating expectations of C$0.13. Following the earnings report the stock price went up 8.812%.
                    Which hedge fund is a major shareholder of Hut 8 Mining Corp?
                    Currently, no hedge funds are holding shares in TSE:HUT

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