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NASDAQ: HUT
Hut 8 Corp Stock

$9.16+0.24 (+2.69%)
Updated May 17, 2024
Why Price Moved
HUT Price
$9.16
Fair Value Price
-$4.26
Market Cap
$827.99M
52 Week Low
$6.18
52 Week High
$18.42
P/E
1.85x
P/B
1.13x
P/S
12.64x
PEG
N/A
Dividend Yield
N/A
Revenue
$77.97M
Earnings
$436.63M
Gross Margin
56.3%
Operating Margin
595.94%
Profit Margin
560%
Debt to Equity
0.35
Operating Cash Flow
N/A
Beta
2.18
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

HUT Overview

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.

Zen Score

Industry Average (29)
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Due Diligence Checks

HUT ($9.16) is overvalued by 315.23% relative to our estimate of its Fair Value price of -$4.26 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
HUT ($9.16) is not significantly undervalued (315.23%) relative to our estimate of its Fair Value price of -$4.26 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
HUT is good value based... subscribe to Premium to read more.
P/E vs Market Valuation
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HUT News

Valuation

HUT fair value

Fair Value of HUT stock based on Discounted Cash Flow (DCF)
Price
$9.16
Fair Value
-$4.26
Undervalued by
315.23%
HUT ($9.16) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HUT ($9.16) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation

HUT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
1.85x
Industry
15.14x
Market
30.97x
HUT is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
HUT is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

HUT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.13x
Industry
1.97x
HUT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

HUT's financial health

Profit margin

Revenue
$51.7M
Net Income
$250.9M
Profit Margin
484.9%

Assets to liabilities

Assets
$999.0M
Liabilities
$258.4M
Debt to equity
0.35
HUT's short-term liabilities ($107.97M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HUT's long-term liabilities ($150.48M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
HUT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$26.3M
Investing
$23.3M
Financing
-$14.6M

HUT vs Capital Market Stocks

TickerMarket Cap1d %P/EP/B
HUT$827.99M+2.69%1.85x1.13x
IREN$833.24M+3.26%N/A1.87x
AMRK$887.63M+4.53%11.34x1.52x
TIGR$756.73M+1.92%30.03x1.55x
WULF$649.70M-3.47%-8.48x2.39x

Hut 8 Stock FAQ

What is Hut 8's quote symbol?

(NASDAQ: HUT) Hut 8 trades on the NASDAQ under the ticker symbol HUT. Hut 8 stock quotes can also be displayed as NASDAQ: HUT.

If you're new to stock investing, here's how to buy Hut 8 stock.

What is the 52 week high and low for Hut 8 (NASDAQ: HUT)?

(NASDAQ: HUT) Hut 8's 52-week high was $18.42, and its 52-week low was $6.18. It is currently -50.27% from its 52-week high and 48.22% from its 52-week low.

How much is Hut 8's stock price per share?

(NASDAQ: HUT) Hut 8 stock price per share is $9.16 today (as of May 17, 2024).

What is Hut 8's Market Cap?

(NASDAQ: HUT) Hut 8's market cap is $827.99M, as of May 20, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Hut 8's market cap is calculated by multiplying HUT's current stock price of $9.16 by HUT's total outstanding shares of 90,392,009.
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