Hut 8 Corp. Hits Day High with Strong 10.18% Intraday Surge

Hut 8 Corp., a mid-cap player in the Commercial Services & Supplies industry, has shown significant activity today, gaining 10.18% as of February 24, 2026. The stock reached an intraday high of CAD 82.52, reflecting a strong performance compared to the S&P/TSX 60, which only increased by 0.51% on the same day. Over the past week, Hut 8 Corp. has outperformed the index with a 10.7% rise, while its monthly performance stands at 1.72%. Impressively, the stock has surged 218.0% over the past year, significantly exceeding the S&P/TSX 60's 27.5% gain. Year-to-date, Hut 8 Corp. has achieved a 28.47% increase, compared to the index's 5.16%. Despite its notable price movements, Hut 8 Corp. remains a loss-making entity with a price-to-book ratio of 4.60 and a debt-to-equity ratio of 0.14. The company's return on equity is notably low, indicating challenges in profitability. Overall, Hut 8 Corp.'s recent performance highlights its volatility and potential within the market landscape.