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Hut 8 Mining Corp.

  • Market Cap: Small Cap
  • Industry: Commercial Services & Supplies
  • ISIN: CA44812T1021
CAD
59.74
3.92 (7.02%)

Dec 04

TSE

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Pason Systems, Inc.
NameSilo Technologies Corp.
Bitfarms Ltd. (Canada)
Digihost Technology, Inc.
Minehub Technologies, Inc.
TrueContext Corp.
Hut 8 Mining Corp.
EQ, Inc.
Infinitii ai, Inc.
Sato Technologies Corp.
Venzee Technologies, Inc.
Why is Hut 8 Mining Corp. ?
1
Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 0.39
  • Poor long term growth as Operating profit has grown by an annual rate -217.60% of over the last 5 years
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 0.39
  • The company has been able to generate a Return on Equity (avg) of 6.71% signifying low profitability per unit of shareholders funds
  • NET PROFIT(HY) At CAD -62.31 MM has Grown at -126.54%
  • INTEREST(HY) At CAD 22.34 MM has Grown at 33.78%
  • OPERATING CASH FLOW(Y) Lowest at CAD -152.34 MM
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Commercial Services & Supplies)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Hut 8 Mining Corp. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Hut 8 Mining Corp.
57.21%
26.62
94.07%
S&P/TSX 60
19.1%
1.77
14.58%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
24.79%
EBIT Growth (5y)
-225.28%
EBIT to Interest (avg)
2.77
Debt to EBITDA (avg)
9.36
Net Debt to Equity (avg)
0.14
Sales to Capital Employed (avg)
0.18
Tax Ratio
26.50%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
73.60%
ROCE (avg)
3.73%
ROE (avg)
263.67%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.91
EV to EBIT
-29.56
EV to EBITDA
-128.88
EV to Capital Employed
1.91
EV to Sales
17.11
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-6.44%
ROE (Latest)
-5.45%
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

1What is working for the Company
NET SALES(Q)

At CAD 57.15 MM has Grown at 24.61%

-21What is not working for the Company
NET PROFIT(HY)

At CAD -62.31 MM has Grown at -126.54%

INTEREST(HY)

At CAD 22.34 MM has Grown at 33.78%

OPERATING CASH FLOW(Y)

Lowest at CAD -152.34 MM

NET SALES(HY)

At CAD 88.45 MM has Grown at -25.01%

RAW MATERIAL COST(Y)

Grown by 110.97% (YoY

Here's what is working for Hut 8 Mining Corp.
Net Sales
At CAD 57.15 MM has Grown at 24.61%
over average net sales of the previous four periods of CAD 45.87 MM
MOJO Watch
Near term sales trend is positive

Net Sales (CAD MM)

Depreciation
Highest at CAD 27.83 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (CAD MM)

Depreciation
At CAD 27.83 MM has Grown at 25.07%
period on period (QoQ)
MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (CAD MM)

Here's what is not working for Hut 8 Mining Corp.
Net Profit
At CAD -62.31 MM has Grown at -126.54%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (CAD MM)

Interest
At CAD 22.34 MM has Grown at 33.78%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CAD MM)

Operating Cash Flow
Lowest at CAD -152.34 MM
in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (CAD MM)

Raw Material Cost
Grown by 110.97% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales

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