BITF:TSV-Bitfarms Ltd (CAD)

COMMON STOCK | Capital Markets | TSV

Last Closing Price

CAD 4.13

Change

0.00 (0.00)%

Market Cap

CAD 0.83B

Volume

0.75M

Avg Analyst Target

CAD 10.00 (+142.13%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

Bitfarms Ltd (BITF) Stock Analysis:
Based on the Bitfarms Ltd stock forecasts from 1 analysts, the average analyst target price for Bitfarms Ltd is CAD 10.00 over the next 12 months. Bitfarms Ltd’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Bitfarms Ltd is Bearish, which is based on 1 positive signals and 3 negative signals. At the last closing, Bitfarms Ltd’s stock price was CAD 4.13. Bitfarms Ltd’s stock price has changed by +0.00% over the past week, +0.00% over the past month and -35.87% over the last year.

About

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. 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 ...Read More

Employees : 106

Currency: CAD

Country : Canada

Technical Indicators

Beta : 1.92

52 Week High : 11.60

Short Ratio : 4.45

52 Week Low : 3.53

Shorted Shares : 5,087,667

200 Day Moving Average : 6.20

Shorted Shares Previous Month : 4,769,232

50 Day Moving Average : 4.63

Short Percentage : 2.79%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2022-05-16 )

Largest Industry Peers for Capital Markets

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CWRK:CA CurrencyWorks Inc

N/A

 CAD0.13B N/A N/A
NDA:CA Neptune Digital Assets Corp

-0.02 (-6.56%)

 CAD0.05B 9.86 N/A
CBIT:CA Cathedra Bitcoin Inc.

-0.02 (-5.56%)

 CAD0.03B 4.04 7.00
DELX:CA DelphX Capital Markets Inc

-0.02 (-6.12%)

 CAD0.03B N/A N/A
DASH:CA Neptune Digital Assets Corp

N/A

 CAD0.02B 26.50 N/A
CSTR:CA CryptoStar Corp

-0.01 (-9.09%)

 CAD0.02B N/A 15.67
BTCW:CA Bitcoin Well Inc.

N/A

 CAD0.02B N/A N/A
HFC:CA Hampton Financial Corporation

N/A

 CAD0.02B 7.04 4.89
MPT:CA Midpoint Holdings Ltd

N/A

 CAD0.01B N/A N/A
IMIN:CA iMining Blockchain and Cryptoc..

-0.01 (-8.33%)

 CAD8.75M 29.70 N/A

ETFs Containing BITF:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Capital Markets)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -35.27% N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return -35.27% N/A N/A N/A N/A
Trailing 12 Months  
Capital Gain -29.76% N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return -29.76% N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 91.45% 82% B- 83% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 91.45% 82% B- 83% B
Risk Return Profile  
Volatility (Standard Deviation) 324.06% 9% F 9% F
Risk Adjusted Return 28.22% 45% F 54% F
Market Capitalization 0.83B N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Capital Markets)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 25.34 N/A N/A N/A N/A
Price/Book Ratio 1.47 N/A N/A N/A N/A
Price / Cash Flow Ratio -22.36 N/A N/A N/A N/A
EV/EBITDA 9.20 N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 10.10% N/A N/A N/A N/A
Return on Invested Capital 16.04% N/A N/A N/A N/A
Return on Assets 14.28% N/A N/A N/A N/A
Debt to Equity Ratio 0.22% N/A N/A N/A N/A
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 4.45 N/A N/A N/A N/A
Short Percent 2.79% N/A N/A N/A N/A
Beta 1.92 N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.