BITFARMS LTD/CANADA (BITF.CA) Stock Price, Forecast & Analysis
Canada - TSX:BITF - CA09173B1076 - Common Stock
BITF.CA Key Statistics, Chart & Performance
The current stock price of BITF.CA is 5.15 CAD. In the past month the price decreased by -12.27%. In the past year, price increased by 64.01%.
BITF.CA Latest News, Press Relases and Analysis
BITF.CA Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| CSU.CA | CONSTELLATION SOFTWARE INC | 25.96 | 71.74B | ||
| OTEX.CA | OPEN TEXT CORP | 8.71 | 12.33B | ||
| TOI.CA | TOPICUS.COM INC-SUB VOTING | 1430.67 | 10.73B | ||
| DSG.CA | DESCARTES SYSTEMS GRP/THE | 49.74 | 10.17B | ||
| LMN.CA | LUMINE GROUP INC | 44.78 | 7.47B | ||
| KXS.CA | KINAXIS INC | 40.72 | 5.01B | ||
| HUT.CA | HUT 8 CORP | 36.41 | 2.78B | ||
| LSPD.CA | LIGHTSPEED COMMERCE INC | 29.63 | 2.54B | ||
| CSU-DB.CA | CONSTELLATION SOFTWARE | 0.91 | 2.52B | ||
| HIVE.CA | HIVE DIGITAL TECHNOLOGIES LT | 36.5 | 1.56B | ||
| TINY.CA | TINY LTD | N/A | 1.45B | ||
| ENGH.CA | ENGHOUSE SYSTEMS LTD | 15.43 | 1.16B |
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About BITF.CA
Company Profile
Bitfarms Ltd. (Canada) engages in the business of mining cryptocurrency. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-07-16. The company develops, owns, and operates vertically integrated mining facilities with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. Its proprietary data analytics system delivers operational performance and uptime. The firm operates through the cryptocurrency mining segment. The activities of the Company mainly consist of selling its computational power used for hashing calculations for the purpose of cryptocurrency mining in multiple jurisdictions. Volta, a wholly owned subsidiary of the Company, assists the Company in building and maintaining its data centers. The firm operates Bitcoin data centers in four countries: the United States, Canada, Paraguay, and Argentina.
Company Info
BITFARMS LTD/CANADA
110 Yonge Street, Suite 1601
TORONTO ONTARIO M5C 1C4 CA
CEO: Emiliano Joel Grodzki
Employees: 170
Phone: 16472591790
BITFARMS LTD/CANADA / BITF.CA FAQ
Can you describe the business of BITFARMS LTD/CANADA?
Bitfarms Ltd. (Canada) engages in the business of mining cryptocurrency. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-07-16. The company develops, owns, and operates vertically integrated mining facilities with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. Its proprietary data analytics system delivers operational performance and uptime. The firm operates through the cryptocurrency mining segment. The activities of the Company mainly consist of selling its computational power used for hashing calculations for the purpose of cryptocurrency mining in multiple jurisdictions. Volta, a wholly owned subsidiary of the Company, assists the Company in building and maintaining its data centers. The firm operates Bitcoin data centers in four countries: the United States, Canada, Paraguay, and Argentina.
What is the stock price of BITFARMS LTD/CANADA today?
The current stock price of BITF.CA is 5.15 CAD. The price decreased by -0.77% in the last trading session.
What is the dividend status of BITFARMS LTD/CANADA?
BITF.CA does not pay a dividend.
How is the ChartMill rating for BITFARMS LTD/CANADA?
BITF.CA has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 3 out of 10.
What do analysts say about BITFARMS LTD/CANADA (BITF.CA) stock?
8 analysts have analysed BITF.CA and the average price target is 3.57 CAD. This implies a price decrease of -30.68% is expected in the next year compared to the current price of 5.15.
Can you provide the market cap for BITFARMS LTD/CANADA?
BITFARMS LTD/CANADA (BITF.CA) has a market capitalization of 2.90B CAD. This makes BITF.CA a Mid Cap stock.
Who owns BITFARMS LTD/CANADA?
You can find the ownership structure of BITFARMS LTD/CANADA (BITF.CA) on the Ownership tab.
BITF.CA Technical Analysis
ChartMill assigns a technical rating of 7 / 10 to BITF.CA. When comparing the yearly performance of all stocks, BITF.CA is one of the better performing stocks in the market, outperforming 94.87% of all stocks.
BITF.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 3 / 10 to BITF.CA. While BITF.CA seems to be doing ok healthwise, there are quite some concerns on its profitability.
BITF.CA Financial Highlights
Over the last trailing twelve months BITF.CA reported a non-GAAP Earnings per Share(EPS) of -0.14. The EPS increased by 71.46% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -10.41% | ||
| ROE | -13.01% | ||
| Debt/Equity | 0.11 |
BITF.CA Forecast & Estimates
8 analysts have analysed BITF.CA and the average price target is 3.57 CAD. This implies a price decrease of -30.68% is expected in the next year compared to the current price of 5.15.
For the next year, analysts expect an EPS growth of 19.87% and a revenue growth 65.01% for BITF.CA