BITF.V · Bitfarms Ltd

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Admin

4 years, 1 month 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.

ISIN	CA09173B1076
Industry	Capital Markets
Exchange	V
CurrencyCode	CAD
Sector	Financial Services

Market Cap	831M
PE Ratio	25.34
Target Price	10
Dividend Yield	0.0%
Beta	1.92

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.

BITF.V · Bitfarms Ltd

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Bitfarms Ltd

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Backtest Bitfarms Ltd using a moving average strategy