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NASDAQ: HUT
Hut 8 Corp Stock

$16.02+0.23 (+1.46%)
Updated Nov 1, 2024
HUT Price
$16.02
Fair Value Price
-$4.00
Market Cap
$1.46B
52 Week Low
$6.18
52 Week High
$21.10
P/E
7.15x
P/B
2.21x
P/S
9.11x
PEG
N/A
Dividend Yield
N/A
Revenue
$147.56M
Earnings
$185.22M
Gross Margin
43.7%
Operating Margin
143.21%
Profit Margin
125.5%
Debt to Equity
0.63
Operating Cash Flow
-$62M
Beta
3.33
Next Earnings
Nov 12, 2024
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 (32)
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Due Diligence Checks

HUT ($16.02) is overvalued by 500.83% relative to our estimate of its Fair Value price of -$4.00 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
HUT ($16.02) is not significantly undervalued (500.83%) relative to our estimate of its Fair Value price of -$4.00 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
$16.02
Fair Value
-$4.00
Undervalued by
500.83%
HUT ($16.02) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HUT ($16.02) 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
7.15x
Industry
23.48x
Market
22.22x
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
2.21x
Industry
2.1x
HUT is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

HUT's financial health

Profit margin

Revenue
$35.2M
Net Income
-$71.9M
Profit Margin
-204.1%
HUT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
HUT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.1B
Liabilities
$418.7M
Debt to equity
0.63
HUT's short-term assets ($195.66M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HUT's long-term liabilities ($301.87M) 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
-$16.4M
Investing
$11.7M
Financing
$167.5M
HUT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

HUT vs Capital Market Stocks

TickerMarket Cap1d %P/EP/B
HUT$1.46B+1.46%7.15x2.21x
APLD$1.39B-4.44%-5.43x5.75x
DFIN$1.63B-3.22%17.06x3.67x
IREN$1.70B-0.77%-45.94x2.28x
PWP$1.79B+3.36%-9.38x-6.34x

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 $21.10, and its 52-week low was $6.18. It is currently -24.07% from its 52-week high and 159.22% from its 52-week low.

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

(NASDAQ: HUT) Hut 8 stock price per share is $16.02 today (as of Nov 1, 2024).

What is Hut 8's Market Cap?

(NASDAQ: HUT) Hut 8's market cap is $1.46B, as of Nov 4, 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 $16.02 by HUT's total outstanding shares of 91,078,961.
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