Hut 8 Mining Corp. (TSX: HUT)

Canada flag Canada · Delayed Price · Currency is CAD
12.45
+0.30 (2.47%)
May 17, 2024, 3:59 PM EDT
-8.12%
Market Cap 1.11B
Revenue (ttm) 82.27M
Net Income (ttm) -343.34M
Shares Out 90.39M
EPS (ttm) -8.50
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,178,929
Open 12.24
Previous Close 12.15
Day's Range 11.97 - 12.98
52-Week Range 8.35 - 29.90
Beta n/a
Analysts n/a
Price Target 14.97 (+20.24%)
Earnings Date Mar 7, 2024

About Hut 8 Mining

Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing " Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team traini... [Read more]

Industry Capital Markets
Sector Financials
Founded 2011
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol HUT
Full Company Profile

Financial Performance

In 2023, Hut 8 Mining's revenue was 150.68 million, a decrease of -13.29% compared to the previous year's 173.77 million. Losses were -242.81 million, 233.9% more than in 2021.

Financial Statements

News

Bulletin for Bitcoin Bulls: Here’s a Mining Stock You Mustn’t Miss

Got the Bitcoin (BTC-USD) post-halving event blues? Today I’ll lift your spirits with cryptocurrency pick Hut 8 (NASDAQ:HUT) stock, which ... Read more

4 days ago - ValueWalk

Hut 8 (HUT) Q1 2024 Earnings Call Transcript

Hut 8 Corporation (NASDAQ:NASDAQ:HUT) Q1 2024 Earnings Conference Call May 15, 2024 8:30 AM ETCompany ParticipantsAsher Genoot - Chief Executive...

5 days ago - Seeking Alpha

Hut 8 Mining reports Q1 results

5 days ago - Seeking Alpha

Hut 8 Reports First Quarter 2024 Results

Revenue of $51.7 million, Net Income attributable to Hut 8 Corp. of $250.9 million, and Adjusted EBITDA of $297.0 million

5 days ago - GlobeNewsWire

Hut 8 Reports First Quarter 2024 Results

Revenue of $51.7 million, Net Income attributable to Hut 8 Corp. of $250.9 million, and Adjusted EBITDA of $297.0 million

5 days ago - GlobeNewsWire

Hut 8 Mining Q1 2024 Earnings Preview

6 days ago - Seeking Alpha

Hut 8 Operations Update for April 2024

26.6 EH/s and 1.2 GW under management; Salt Creek site fully energized and Cedarvale site partially energized 26.6 EH/s and 1.2 GW under management; Salt Creek site fully energized and Cedarvale site ...

14 days ago - GlobeNewsWire

Hut 8 Operations Update for April 2024

26.6 EH/s and 1.2 GW under management Salt Creek site fully energized and Cedarvale site partially energized MIAMI, May 06, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Co...

14 days ago - GlobeNewsWire

Media Advisory: Hut 8 to Release Q1 2024 Results May 15

Miami, Fla, April 24, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of Nor...

26 days ago - GlobeNewsWire

Media Advisory: Hut 8 to Release Q1 2024 Results May 15

MIAMI, April 24, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North Am...

26 days ago - GlobeNewsWire

Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark

The new Hut 8 (HUT), resulting from the merger with US Bitcoin Corporation (USBTC) that closed last November, features a diversified business model with multiple revenue streams, broker Benchmark said...

4 weeks ago - CoinDesk

Canadian Investor Alert: SMK Law Announces Investigation into Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT)

TORONTO — SMK Law, a Canadian investor rights law firm, is investigating a shareholder class action against Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT). The investigation is focused on Canadian investors w...

4 weeks ago - Financial Post

Canadian Investor Alert: SMK Law Announces Investigation into Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT)

TORONTO--(BUSINESS WIRE)--SMK Law, a Canadian investor rights law firm, is investigating a shareholder class action against Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT). The investigation is focused on Cana...

4 weeks ago - Business Wire

Hut 8 optimizes self-mining operations as miners come online at Salt Creek

Greenfield site energized in 78 days, less than three months after breaking ground Cost to mine a Bitcoin at site expected to be 30% lower than cost at hosted facilities due to favorable energy profil...

4 weeks ago - GlobeNewsWire

Hut 8 optimizes self-mining operations as miners come online at Salt Creek

Greenfield site energized in 78 days, less than three months after breaking ground; Cost to mine a Bitcoin at site expected to be 30% lower than cost at hosted facilities due to favorable energy profi...

4 weeks ago - GlobeNewsWire

Hut 8 (HUT) CEO on How Bitcoin Halving Will Impact Miners

Hut 8 (HUT) provides digital asset mining and high-performance computing infrastructure solutions. CEO Asher Genoot joins Oliver Renick to give an overview of the company.

5 weeks ago - Schwab Network

EXCLUSIVE: Marathon, Riot, Hut8 CEOs Tell Benzinga How Bitcoin Halving Will Impact Miners

The so-called Bitcoin halving is nearly upon us . Once it occurs, presumably later this month , the rate at which bitcoins are minted will be reduced. Benzinga asked the CEOs of three mining companies...

5 weeks ago - Benzinga

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 8, 2024 in Hut 8 Lawsuit - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

5 weeks ago - Accesswire

Levi & Korsinsky Reminds Hut 8 Corp. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 8, 2024 - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

6 weeks ago - Accesswire

Shareholders that lost money on Hut 8 Corp.(HUT) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

6 weeks ago - Accesswire

Levi & Korsinsky Reminds Hut 8 Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 8, 2024 - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

6 weeks ago - Accesswire

HUT DEADLINE TODAY: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Hut 8 Corp. Investors to Secure Counsel Before Important April 8 Deadline in Securities Class Action – HUT

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hut 8 Corp. (NASDAQ: HUT) between November 9, 2023 and January 18, 2024, both dat...

6 weeks ago - Business Wire

Hut 8 Corp. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 8, 2024 to Discuss Your Rights - HUT

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / If you suffered a loss on your Hut 8 Corp. (NASDAQ:HUT) investment and want to learn about a potential recovery under the federal securities laws, follow th...

6 weeks ago - Accesswire

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Hut 8 Corp. with Losses In Excess of $250,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hut 8 Corp. ("Hut 8" or "the Comp...

6 weeks ago - Accesswire

Shareholders that lost money on Hut 8 Corp.(HUT) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK , April 8, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Hut 8 Corp. ("Hut 8" or the "Company") (NASDAQ: HUT) of a class action securities lawsuit. CLASS DEFINITION: The la...

6 weeks ago - PRNewsWire