BITFARMS LTD/CANADA (BITF) Stock Price, Forecast & Analysis
USA - NASDAQ:BITF - CA09173B1076 - Common Stock
BITF Key Statistics, Chart & Performance
The current stock price of BITF is 4.06 USD. In the past month the price increased by 1.5%. In the past year, price increased by 81.25%.
BITF Latest News, Press Relases and Analysis
BITF Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| PLTR | PALANTIR TECHNOLOGIES INC-A | 293.59 | 445.57B | ||
| SAP | SAP SE-SPONSORED ADR | 38.17 | 302.90B | ||
| CRM | SALESFORCE INC | 23.66 | 240.55B | ||
| APP | APPLOVIN CORP-CLASS A | 70.2 | 208.72B | ||
| INTU | INTUIT INC | 32.41 | 182.71B | ||
| ADBE | ADOBE INC | 16.56 | 140.45B | ||
| CDNS | CADENCE DESIGN SYS INC | 46.6 | 89.28B | ||
| SNPS | SYNOPSYS INC | 30.33 | 75.99B | ||
| MSTR | STRATEGY INC | 5.76 | 73.21B | ||
| ADSK | AUTODESK INC | 32.12 | 64.10B | ||
| WDAY | WORKDAY INC-CLASS A | 28.13 | 61.97B | ||
| DDOG | DATADOG INC - CLASS A | 82.88 | 54.05B |
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About BITF
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 CA
CEO: Emiliano Grodzki
Employees: 170
Phone: 16472591790
BITFARMS LTD/CANADA / BITF 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 is 4.06 USD. The price increased by 5.73% in the last trading session.
What is the dividend status of BITFARMS LTD/CANADA?
BITF does not pay a dividend.
How is the ChartMill rating for BITFARMS LTD/CANADA?
BITF has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 3 out of 10.
What do analysts say about BITFARMS LTD/CANADA (BITF) stock?
8 analysts have analysed BITF and the average price target is 2.57 USD. This implies a price decrease of -36.77% is expected in the next year compared to the current price of 4.06.
Can you provide the market cap for BITFARMS LTD/CANADA?
BITFARMS LTD/CANADA (BITF) has a market capitalization of 2.28B USD. This makes BITF a Mid Cap stock.
Who owns BITFARMS LTD/CANADA?
You can find the ownership structure of BITFARMS LTD/CANADA (BITF) on the Ownership tab.
BITF Technical Analysis
ChartMill assigns a technical rating of 8 / 10 to BITF. When comparing the yearly performance of all stocks, BITF is one of the better performing stocks in the market, outperforming 98.08% of all stocks.
BITF Fundamental Analysis
ChartMill assigns a fundamental rating of 3 / 10 to BITF. While BITF seems to be doing ok healthwise, there are quite some concerns on its profitability.
BITF Financial Highlights
Over the last trailing twelve months BITF reported a non-GAAP Earnings per Share(EPS) of -0.1. 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 Forecast & Estimates
8 analysts have analysed BITF and the average price target is 2.57 USD. This implies a price decrease of -36.77% is expected in the next year compared to the current price of 4.06.
For the next year, analysts expect an EPS growth of 19.87% and a revenue growth 65.01% for BITF