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NASDAQ: HUT
Hut 8 Mining Corp Stock

$1.92+0.17 (+9.71%)
Updated Mar 23, 2023
HUT Price
$1.92
Fair Value Price
N/A
Market Cap
$423.45M
52 Week Low
$0.78
52 Week High
$6.70
P/E
-2.01x
P/B
1.63x
P/S
1.52x
PEG
N/A
Dividend Yield
N/A
Revenue
$111.62M
Earnings
-$177.24M
Gross Margin
-16.6%
Operating Margin
-149.74%
Profit Margin
-161.1%
Debt to Equity
0.18
Operating Cash Flow
-$77M
Beta
3.04
Next Earnings
May 10, 2023
Ex-Dividend
N/A
Next Dividend
N/A

HUT Overview

Hut 8 Mining Corp. is a bitcoin miner. It utilizes specialized equipment to solve computational problems to validate transactions on the bitcoin blockchain and offers hosting services to institutional clients. Its platform serves various industry verticals, including visual effects and government agencies, as well as markets and customers in the digital asset, blockchain, gaming, and Web 3.0 industries. Hut 8 Mining was incorporated in 2011 and is headquartered in Toronto, Ontario, Canada.

Zen Score

Industry Average (32)
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Due Diligence Checks

HUT is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
HUT is poor value based on its book value relative to its share price (1.63x), compared to the US Capital Markets industry average (1.54x)
P/B vs Industry Valuation
HUT is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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HUT News

Valuation

HUT fair value

Fair Value of HUT stock based on Discounted Cash Flow (DCF)
Price
$1.92
Fair Value
$2.05
Undervalued by
6.56%
HUT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

HUT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-2.01x
Industry
16.1x
Market
21.14x

HUT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.63x
Industry
1.54x
HUT is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

HUT's financial health

Profit margin

Revenue
$15.9M
Net Income
-$136.3M
Profit Margin
-855%
HUT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
HUT's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$301.4M
Liabilities
$44.9M
Debt to equity
0.18
HUT's short-term assets ($181.94M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HUT's short-term assets ($181.94M) 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
-$16.3M
Investing
-$9.6M
Financing
$26.2M
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$423.45M+9.71%-2.01x1.63x
OPY$426.71M-1.65%13.79x0.54x
TIGR$487.42M+4.65%-52.50x1.11x
HIVE$268.89M+6.29%-0.92x1.91x
CIFR$581.79M+14.15%-14.63x1.70x

Hut 8 Mining Stock FAQ

What is Hut 8 Mining's quote symbol?

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

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

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

(NASDAQ: HUT) Hut 8 Mining's 52-week high was $6.70, and its 52-week low was $0.78. It is currently -71.34% from its 52-week high and 146.15% from its 52-week low.

How much is Hut 8 Mining stock worth today?

(NASDAQ: HUT) Hut 8 Mining currently has 220,547,442 outstanding shares. With Hut 8 Mining stock trading at $1.92 per share, the total value of Hut 8 Mining stock (market capitalization) is $423.45M.

Hut 8 Mining stock was originally listed at a price of $4.29 in Jun 15, 2021. If you had invested in Hut 8 Mining stock at $4.29, your return over the last 1 years would have been -55.24%, for an annualized return of -55.24% (not including any dividends or dividend reinvestments).

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

(NASDAQ: HUT) Hut 8 Mining stock price per share is $1.92 today (as of Mar 23, 2023).

What is Hut 8 Mining's Market Cap?

(NASDAQ: HUT) Hut 8 Mining's market cap is $423.45M, as of Mar 24, 2023.

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

Hut 8 Mining's market cap is calculated by multiplying HUT's current stock price of $1.92 by HUT's total outstanding shares of 220,547,442.
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