Hut 8 Mining Corp. (TSE:HUT – Get Rating) – DA Davidson issued their Q3 2022 earnings per share (EPS) estimates for Hut 8 Mining in a research note issued on Thursday, September 22nd. DA Davidson analyst C. Brendler forecasts that the company will post earnings of ($0.04) per share for the quarter. DA Davidson currently has a "Buy" rating on the stock. The consensus estimate for Hut 8 Mining's current full-year earnings is ($0.24) per share. DA Davidson also issued estimates for Hut 8 Mining's FY2022 earnings at $0.05 EPS and FY2023 earnings at $0.04 EPS.
Get Hut 8 Mining alerts:Hut 8 Mining (TSE:HUT – Get Rating) last issued its quarterly earnings data on Thursday, August 11th. The company reported C($0.14) earnings per share for the quarter, missing analysts' consensus estimates of C$0.06 by C($0.20). The business had revenue of C$43.85 million during the quarter, compared to the consensus estimate of C$52.55 million. During the same period in the prior year, the company posted ($0.09) EPS.
Hut 8 Mining Price Performance
Shares of TSE HUT opened at C$2.30 on Monday. The company has a current ratio of 10.61, a quick ratio of 2.63 and a debt-to-equity ratio of 9.78. Hut 8 Mining has a twelve month low of C$1.65 and a twelve month high of C$20.61. The stock has a 50 day moving average of C$2.89 and a two-hundred day moving average of C$3.70. The stock has a market cap of C$447.13 million and a P/E ratio of -9.43.About Hut 8 Mining
(Get Rating)
Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. The company engages in industrial scale bitcoin mining operations. It also owns and operates 38 BlockBoxes in Drumheller, Alberta; and 51 BlockBoxes in Medicine Hat, Alberta. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada.
Featured Articles
- Can Caterpillar Claw Higher in a Falling Market?
- Is Dave & Buster's Immune to High Inflation and Lower Spending?
- Should These 3 Top-Performing Mid-Caps Be On Your Watchlist?
- Will Wall Street's Enthusiasm About Datadog Lead To Big Gains?
- MarketBeat: Week in Review 9/19 – 9/23
Receive News & Ratings for Hut 8 Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hut 8 Mining and related companies with MarketBeat.com's FREE daily email newsletter.