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Bitfarms Ltd (BITF)

TSXV
Currency in CAD
4.1300
0.0000(0.00%)
Closed
BITF Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Trading near 52-week High
Fair Value
Day's Range
3.98004.2100
52 wk Range
3.98004.2100
Bid/Ask
4.12 / 4.13
Prev. Close
4.12
Open
4.13
Day's Range
3.98-4.21
52 wk Range
3.98-4.21
Volume
0
Average Volume (3m)
1,138,991
1-Year Change
0%
Fair Value
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Fair Value Upside
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BITF Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
5.0200
Upside
+59.8726%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year
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Bitfarms Ltd Company Profile

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. 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 formerly known as Bitfarms Technologies Ltd and changed its name to Bitfarms Ltd. in October 2018. The company was founded in 2017 and is based in Toronto, Canada.

Compare BITF to Peers and Sector

Metrics to compare
BITF
Peers
Sector
Relationship
P/E Ratio
−9.8x−1.9x11.3x
PEG Ratio
0.00−0.020.01
Price/Book
2.2x2.1x2.4x
Price / LTM Sales
6.0x3.1x2.2x
Upside (Analyst Target)
0.0%34.8%19.9%
Fair Value Upside
Unlock4.0%2.7%Unlock

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