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Asset logo for symbol BITF
Bitfarms Ltd.
BITF80
$1.69arrow_drop_up6.91%$0.10
High Growth
Penny Stock
Asset logo for symbol BITF
BITF80

$1.69

arrow_drop_up6.91%

Performance History

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Key Stats
Open$1.64
Prev. Close$1.59
EPS-0.38
DividendNon-Dividend
Next Earnings Date-
Dividend Yield %-
Market Cap$798.61M
PE Ratio-
LOWHIGH
Day Range1.60
1.73
52 Week Range0.91
3.91
Ratios
EPS-0.38

Score Breakdown

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Analyst Forecast

Period: Next 12 Months

Analyst Ratings

About Bitfarms Ltd. (BITF)

Bitfarms Ltd. is a leading blockchain infrastructure company that operates one of the world's largest cryptocurrency mining operations. The company utilizes a scalable and efficient mining infrastructure to mine various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Bitfarms has strategically located its mining facilities in low-cost energy regions, allowing it to benefit from competitive electricity prices. This gives the company a significant competitive advantage in the cryptocurrency mining industry.
Bitfarms' stock price history has shown impressive growth over the years. Since its inception, the company has consistently demonstrated strong performance and has attracted investors' attention. The stock has experienced several periods of significant increases in value, driven by the growing popularity and adoption of cryptocurrencies. This trend is expected to continue as cryptocurrencies become more mainstream and the demand for mining services increases.
Sector
Financial Services
Industry
Capital Markets
CEO
Mr. L. Geoffrey Morphy
Headquarters
Toronto
Employees
150
Exchange
NASDAQ
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Frequently Asked Questions

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What is Bitfarms Ltd.'s (BITF) price per share?

The current price per share for Bitfarms Ltd. (BITF) is $1.69. The stock has seen a price change of $0.11 recently, indicating a 6.92% change. This reflects the stock's recent market performance and investor sentiment.
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What is the 52-week high and low for Bitfarms Ltd. (BITF)?

For Bitfarms Ltd. (BITF), the 52-week high is $3.91, which is 131.36% from the current price. The 52-week low is $0.92, the current price is 83.9% above the 52-week low. This gives investors an insight into the stock's volatility and price range over the past year.
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Is Bitfarms Ltd. (BITF) a growth stock?

Bitfarms Ltd. (BITF) has shown an average price growth of -5.34% over the past three years. It has received a score of 95 out of 100 based on the Stocklytics formula. The interpretation of this score in terms of classifying Bitfarms Ltd. as a growth stock may vary, considering it is one of many factors investors might evaluate, including market trends, financial performance, and future prospects of the company.
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What is Bitfarms Ltd. (BITF) stock price performance year to date (YTD)?

As of the latest data, Bitfarms Ltd. (BITF) has a year-to-date price change of -40.49%. Over the past month, the stock has experienced a price change of -17.56%. Over the last three months, the change has been -17.56%. Over the past six months, the figure is -36.94%.
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Is Bitfarms Ltd. (BITF) a profitable company?

Bitfarms Ltd. (BITF) has a net income of -$105.94M, which represents the company's total earnings after all expenses have been deducted from revenues. The gross margin of indicates the percentage of revenue that exceeds the cost of goods sold, and the operating margin of -87.82% reflects the percentage of revenue remaining after covering variable production costs, highlighting the efficiency of the company's core operations. Total revenue stands at $146.37M, although specific revenue growth data is currently not available. Operating income is noted at -$72.13M. Furthermore, the EBITDA is $19.31M.
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What is the market capitalization of Bitfarms Ltd. (BITF)?

Bitfarms Ltd. (BITF) has a market capitalization of $798.61M. The average daily trading volume is 1.67, indicating the stock's liquidity and investor engagement.

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