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NYSE: BTCM
Bit Mining Ltd Stock

$2.70+0.71 (+35.68%)
Updated Apr 22, 2024
Why Price Moved
BTCM Price
$2.70
Fair Value Price
N/A
Market Cap
$30.00M
52 Week Low
$1.79
52 Week High
$6.95
P/E
-2.7x
P/B
0.76x
P/S
1.29x
PEG
N/A
Dividend Yield
N/A
Revenue
$43.10M
Earnings
-$14.43M
Gross Margin
9.2%
Operating Margin
-33.47%
Profit Margin
-33.5%
Debt to Equity
0.98
Operating Cash Flow
N/A
Beta
1.24
Next Earnings
May 24, 2024
Ex-Dividend
N/A
Next Dividend
N/A

BTCM Overview

BIT Mining Limited is a bitcoin miner. The company owns BTC.com, a mining pool operation. The company was founded in 2001 and is headquartered in Hong Kong.

Zen Score

Industry Average (31)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how BTCM scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

BTCM 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
BTCM is good value based on its book value relative to its share price (0.76x), compared to the US Information Technology Services industry average (4.58x)
P/B vs Industry Valuation
BTCM is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more BTCM due diligence checks available for Premium users.

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BTCM News

Valuation

BTCM price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-2.7x
Industry
23.81x
Market
41x

BTCM price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.76x
Industry
4.58x
BTCM is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

BTCM's financial health

Profit margin

Revenue
$10.4M
Net Income
-$4.2M
Profit Margin
-40.5%
BTCM's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$78.0M
Liabilities
$38.5M
Debt to equity
0.98
BTCM's short-term assets ($40.51M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
BTCM's short-term assets ($40.51M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
BTCM's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
BTCM's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
N/A
Investing
N/A
Financing
N/A

BTCM vs Information Technology Service Stocks

TickerMarket Cap1d %P/EP/B
BTCM$30.00M+35.68%-2.70x0.76x
DTST$31.49M-0.44%75.83x1.57x
JFU$31.91M-0.73%-0.37x0.06x
ARBB$34.10M+9.32%1.10x0.11x
CLPS$23.57M-2.13%-9.20x0.37x

Bit Mining Stock FAQ

What is Bit Mining's quote symbol?

(NYSE: BTCM) Bit Mining trades on the NYSE under the ticker symbol BTCM. Bit Mining stock quotes can also be displayed as NYSE: BTCM.

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

What is the 52 week high and low for Bit Mining (NYSE: BTCM)?

(NYSE: BTCM) Bit Mining's 52-week high was $6.95, and its 52-week low was $1.79. It is currently -61.15% from its 52-week high and 50.84% from its 52-week low.

How much is Bit Mining stock worth today?

(NYSE: BTCM) Bit Mining currently has 1,111,232,309 outstanding shares. With Bit Mining stock trading at $2.70 per share, the total value of Bit Mining stock (market capitalization) is $30.00M.

Bit Mining stock was originally listed at a price of $200.10 in Nov 22, 2013. If you had invested in Bit Mining stock at $200.10, your return over the last 10 years would have been -98.65%, for an annualized return of -34.99% (not including any dividends or dividend reinvestments).

How much is Bit Mining's stock price per share?

(NYSE: BTCM) Bit Mining stock price per share is $2.70 today (as of Apr 22, 2024).

What is Bit Mining's Market Cap?

(NYSE: BTCM) Bit Mining's market cap is $30.00M, as of Apr 24, 2024.

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

Bit Mining's market cap is calculated by multiplying BTCM's current stock price of $2.70 by BTCM's total outstanding shares of 1,111,232,309.
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