Market research
BITF.V Bitfarms Ltd
V CAD Financial Services
Latest close
As of 29 Dec 2024
Test a moving-average rule with historical data.
Market facts
- Market cap
- 831M
- P/E ratio
- 25.34
- Analyst target
- 10
- Dividend yield
- 0.0%
- Beta
- 1.92
Profile
Company facts
- Exchange
- V
- Currency
- CAD
- Sector
- Financial Services
- Industry
- Capital Markets
- ISIN
- CA09173B1076
- Market cap
- 831M
- P/E ratio
- 25.34
- Analyst target
- 10
- Dividend yield
- 0.0%
- Beta
- 1.92
About
About Bitfarms Ltd
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.
Research context
Bitfarms Ltd appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Financial Services
- Industry
- Capital Markets
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
Community
Investor discussion
1 comment
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5 years, 6 months ago
Bitfarms Ltd is currently in a long term uptrend where the price is trading 31.0% above its 200 day moving average.
From a valuation standpoint, the stock is 54.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 12.6.
Bitfarms Ltd's total revenue rose by 8.1% to $11M since the same quarter in the previous year.
Its net income has dropped by 578.1% to $-5M since the same quarter in the previous year.
Finally, its free cash flow grew by 6735.9% to $3M since the same quarter in the previous year.
Based on the above factors, Bitfarms Ltd gets an overall score of 4/5.