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Benzinga

Benzinga

Shares of Hut 8 are trading lower by 6.71% at $21.83 at the last check

Benzinga
Summary
Nutrition label

72% Informative

HUT stands out as the most diversified mining company and is now entering a phase focused on enhancing mining margins through efficiency improvements.

The analyst's price target is derived from a 15.5x multiple applied to discounted EV /adj. EBITDA estimate, which is slightly higher than the peer average.

HUT shares are trading lower by 6.71% at $ 21.83 at the last check Monday .