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Bitfarms Ltd Share Price

BITF
NMQ
$2.06
-$0.04
(-1.9%)
1D
Industry: Capital Markets Sector: Financials

Bitfarms Ltd Analyst Forecast

Bitfarms Ltd Share Price Chart

Bitfarms Ltd Key Stock Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$1.26B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
0
Volume info-icon
This is the total number of shares traded during the most recent trading day.
21.53M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.00%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
4.40
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$0.67 L
$6.6 H
$2.06

About Bitfarms Ltd, Common Stock

Bitfarms Ltd. operates integrated bitcoin data centers in Canada, the United States, Paraguay, and Argentina. It primarily owns and operates data centers housing computers to validate transactions on the bitcoin blockchain, as well as sells computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. 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. more

Industry: Capital MarketsSector: Financials

Bitfarms Ltd Stock Returns

Time FrameBITFSectorS&P500
1-Week Return-3.23%-1.02%-1.31%
1-Month Return-21.35%-1.88%0.78%
3-Month Return-23.64%1.62%3.46%
6-Month Return52.17%-0.57%6.19%
1-Year Return50%0.06%11.68%
3-Year Return98.11%46.46%71.21%
5-Year Return-62.44%62.97%74.81%
10-Year Return132.04%206.28%256.59%

Bitfarms Ltd Financials

Dec '20Dec '21Dec '22Dec '23Dec '245YR TREND
Total Revenue34.70M169.49M142.43M146.37M192.88M[{"date":"2020-12-31","value":17.99,"profit":true},{"date":"2021-12-31","value":87.87,"profit":true},{"date":"2022-12-31","value":73.84,"profit":true},{"date":"2023-12-31","value":75.88,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Cost of Revenue31.83M58.37M131.91M167.87M225.24M[{"date":"2020-12-31","value":14.13,"profit":true},{"date":"2021-12-31","value":25.92,"profit":true},{"date":"2022-12-31","value":58.56,"profit":true},{"date":"2023-12-31","value":74.53,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Gross Profit2.87M111.12M10.52M(21.50M)(32.36M)[{"date":"2020-12-31","value":2.59,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":9.47,"profit":true},{"date":"2023-12-31","value":-19.35,"profit":false},{"date":"2024-12-31","value":-29.12,"profit":false}]
Gross Margin8.28%65.56%7.38%(14.69%)(16.78%)[{"date":"2020-12-31","value":12.63,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":11.26,"profit":true},{"date":"2023-12-31","value":-22.41,"profit":false},{"date":"2024-12-31","value":-25.59,"profit":false}]
Operating Expenses9.60M47.48M294.54M50.63M75.20M[{"date":"2020-12-31","value":3.26,"profit":true},{"date":"2021-12-31","value":16.12,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":17.19,"profit":true},{"date":"2024-12-31","value":25.53,"profit":true}]
Operating Income(6.73M)63.64M(284.02M)(72.13M)(107.56M)[{"date":"2020-12-31","value":-10.58,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-446.29,"profit":false},{"date":"2023-12-31","value":-113.34,"profit":false},{"date":"2024-12-31","value":-169.02,"profit":false}]
Total Non-Operating Income/Expense(19.51M)(44.87M)118.53M(45.70M)40.17M[{"date":"2020-12-31","value":-16.46,"profit":false},{"date":"2021-12-31","value":-37.85,"profit":false},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":-38.56,"profit":false},{"date":"2024-12-31","value":33.89,"profit":true}]
Pre-Tax Income(16.12M)42.64M(193.06M)(104.44M)(68.35M)[{"date":"2020-12-31","value":-37.8,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-452.79,"profit":false},{"date":"2023-12-31","value":-244.94,"profit":false},{"date":"2024-12-31","value":-160.31,"profit":false}]
Income Taxes172.00K20.51M(17.41M)(401.00K)(14.29M)[{"date":"2020-12-31","value":0.84,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-84.91,"profit":false},{"date":"2023-12-31","value":-1.96,"profit":false},{"date":"2024-12-31","value":-69.68,"profit":false}]
Income After Taxes(16.29M)22.13M(175.64M)(104.04M)(54.06M)[{"date":"2020-12-31","value":-73.61,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-793.69,"profit":false},{"date":"2023-12-31","value":-470.11,"profit":false},{"date":"2024-12-31","value":-244.3,"profit":false}]
Income From Continuous Operations(16.29M)22.13M(239.05M)(104.04M)(54.06M)[{"date":"2020-12-31","value":-73.61,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-1080.21,"profit":false},{"date":"2023-12-31","value":-470.11,"profit":false},{"date":"2024-12-31","value":-244.3,"profit":false}]
Income From Discontinued Operations-----[{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true},{"date":"2024-12-31","value":"-","profit":true}]
Net Income(16.29M)22.13M(175.64M)(104.04M)(54.06M)[{"date":"2020-12-31","value":-73.61,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-793.69,"profit":false},{"date":"2023-12-31","value":-470.11,"profit":false},{"date":"2024-12-31","value":-244.3,"profit":false}]
EPS (Diluted)(0.24)0.38(1.36)(0.33)(0.14)[{"date":"2020-12-31","value":-64.24,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":-357.89,"profit":false},{"date":"2023-12-31","value":-86.84,"profit":false},{"date":"2024-12-31","value":-36.84,"profit":false}]

Bitfarms Ltd Ratios

Bitfarms Ltd Liquidity Ratios

These ratios help you determine the liquidity of the company. Higher is better.

BITF
Cash Ratio 2.21
Current Ratio 3.20
Quick Ratio 3.14

Bitfarms Ltd Asset Efficiency Ratios

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

BITF
ROA (LTM) -8.17%
ROE (LTM) -12.50%

Bitfarms Ltd Liability Ratios

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

BITF
Debt Ratio Lower is generally better. Negative is bad. 0.24
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.76

Bitfarms Ltd Valuation Ratios

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

BITF
Trailing PE NM
Forward PE 84.03
P/S (TTM) 4.63
P/B 2.09
Price/FCF NM
EV/R 3.99
EV/Ebitda 24.85

FAQs

What is Bitfarms Ltd share price today?

Bitfarms Ltd (BITF) share price today is $2.06

Can Indians buy Bitfarms Ltd shares?

Yes, Indians can buy shares of Bitfarms Ltd (BITF) on Vested. To buy

from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in BITF stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Bitfarms Ltd be purchased?

Yes, you can purchase fractional shares of Bitfarms Ltd (BITF) via the Vested app. You can start investing in Bitfarms Ltd (BITF) with a minimum investment of $1.

How to invest in Bitfarms Ltd shares from India?

You can invest in shares of Bitfarms Ltd (BITF) via Vested in three simple steps:

  • Click on Sign Up or Invest in BITF stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Bitfarms Ltd shares
What is Bitfarms Ltd 52-week high and low stock price?

The 52-week high price of Bitfarms Ltd (BITF) is $6.6. The 52-week low price of Bitfarms Ltd (BITF) is $0.67.

What is Bitfarms Ltd price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Bitfarms Ltd (BITF) is

What is Bitfarms Ltd price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Bitfarms Ltd (BITF) is 2.09

What is Bitfarms Ltd dividend yield?

The dividend yield of Bitfarms Ltd (BITF) is 0.00%

What is the Market Cap of Bitfarms Ltd?

The market capitalization of Bitfarms Ltd (BITF) is $1.26B

What is Bitfarms Ltd's stock symbol?

The stock symbol (or ticker) of Bitfarms Ltd is BITF

How Can Investors Use Bitfarms Ltd Share Price Data for Long-Term Investment Decisions?

Consider the share price of Bitfarms Ltd as a long-term story and not a daily point list. The price represents a movement of the stock in both good and bad times when looked at over many years. This assists the investors to know whether Bitfarms Ltd has succeeded to expand steadily and overcome market declines. With this price movement observed and the way the business is progressing, it is easier to make a decision whether the stock is worth having in the long term or not.

How does USD - INR currency movement impact returns from Bitfarms Ltd shares for Indian investors?

When investing in Bitfarms Ltd shares, you are not based in India then your investment is not just based on the stock price. It is also determined by the currency movement of the dollar in relation to the rupee. When you have an appreciation of the Bitfarms Ltd stock and the dollar appreciation is also the same, you gain more in terms of rupees. When the rupee appreciated, it will lower your profits. This currency flow is a silent cause of great contribution to your ultimate returns over many years.

How should investors compare Bitfarms Ltd share price with other stocks in the same sector?

Rather than merely checking the share price of Bitfarms Ltd and comparing it with that of other stocks in the same sector, one can check how robust the business is. Investors tend to compare such aspects as profits, cash generation, and the stability of the revenues of the company. This means that Bitfarms Ltd stock in most cases does not react in the same manner as other companies in the sector due to its brand and services revenue.

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