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Bitfarms (TSE:BITF)
TSX:BITF
Bitfarms (BITF) Stock Price & Analysis
805 Followers
BITF Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.26 - C$5.25
Previous CloseC$2.89
Volume2.15M
Average Volume (3M)4.69M
Market Cap
C$872.37M
Enterprise ValueC$775.00M
Total Cash (Recent Filing)$90.43M
Total Debt (Recent Filing)$19.87M
Price to Earnings (P/E)-6.1
Beta2.68
Next Earnings
May 13, 2024EPS Estimate
-C$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.47
Shares Outstanding339,274,000
10 Day Avg. Volume2,649,568
30 Day Avg. Volume4,689,070
Standard Deviation0.45
R-Squared0.12
Alpha0.06
Financial Highlights & Ratios
Price to Book (P/B)2.43
Price to Sales (P/S)7.04
Price to Cash Flow (P/CF)13.00
P/FCF Ratio16.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.29
Enterprise Value/Gross Profit-36.04
Enterprise Value/Ebitda-41.32
Forecast
1Y Price Target
C$6.28Price Target Upside122.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Bitfarms News
PremiumCompany Announcements
Bitfarms Ltd. Engages Global Investor Community
PremiumPress Releases
Bitfarms to Participate in Upcoming Conferences
PremiumCompany Announcements
Bitfarms Boosts Mining Efficiency with Major Upgrade
Options Prices
Currently, No data available
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Ownership Overview
12.71% Insiders
0.07% Mutual Funds
13.67% Other Institutional Investors
73.55% Public Companies and Individual Investors
BITF FAQ
What was Bitfarms’s price range in the past 12 months?
Bitfarms lowest stock price was C$1.26 and its highest was C$5.25 in the past 12 months.
What is Bitfarms’s market cap?
Currently, no data Available
When is Bitfarms’s upcoming earnings report date?
Bitfarms’s upcoming earnings report date is May 13, 2024 which is in 18 days.
How were Bitfarms’s earnings last quarter?
Bitfarms released its earnings results on Mar 07, 2024. The company reported -C$0.262 earnings per share for the quarter, missing the consensus estimate of -C$0.039 by -C$0.224.
Is Bitfarms overvalued?
According to Wall Street analysts Bitfarms’s price is currently Undervalued.
Does Bitfarms pay dividends?
Bitfarms does not currently pay dividends.
What is Bitfarms’s EPS estimate?
Bitfarms’s EPS estimate is -C$0.02.
How many shares outstanding does Bitfarms have?
Bitfarms has 301,856,500 shares outstanding.
What happened to Bitfarms’s price movement after its last earnings report?
Bitfarms reported an EPS of -C$0.262 in its last earnings report, missing expectations of -C$0.039. Following the earnings report the stock price went down -6.685%.
Which hedge fund is a major shareholder of Bitfarms?
Currently, no hedge funds are holding shares in TSE:BITF
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Bitfarms Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$6.28 (122.83% Upside)
C$6.28 (122.83% Upside)
Blogger Sentiment
Bullish
TSE:BITF Sentiment 92%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth $239.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
102.88%
12-Months-Change
Fundamentals
Return on Equity
-37.52%
Trailing 12-Months
Asset Growth
10.38%
Trailing 12-Months
Company Description
Bitfarms
Bitfarms Ltd owns and operates blockchain farms that power the global decentralized financial economy. It provides computing power to cryptocurrency networks such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash, earning fees from each network for securing and processing transactions. Bitfarms also provides computing power to cryptocurrency networks.
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BITF Company Deck
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BITF Earnings Call
Q4 2024
0:00 / 0:00
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BITF Stock 12 Months Forecast
Average Price Target
C$6.28
▲(122.83% Upside)
Technical Analysis
Best Analysts Covering BITF
1 Year
1 Year Success Rate
9/18 ratings generated profit
1 Year Average Return
+8.96%
reiterated a buy rating last month
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