Bitfarms Ltd.

Bitfarms Ltd.

CAD2
0.01 (0.5%)
Toronto Stock Exchange
CAD, CA
Financial - Capital Markets

BITF.TO Price Chart

Basic
Market CapCAD894.07M
PriceCAD2
52 Week Range1.83-5.25
Beta3.22
Margins
Gross Profit Margin-16.77%
Operating Profit Margin-55.91%
Net Profit Margin-28.05%
Valuation (TTM)
P/E Ratio-7.03
Price to Sales Ratio2.43
Price to Book Ratio0.62
PEG Ratio-0.11

Industry

Financial - Capital Markets

Sector

Financial Services

Full-Time Employees

170

IPO Date

2019-07-16T00:00:00.000Z

Description

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 electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.

Phone

(647) 259-1790

Address

18 King Street East, Toronto, ON, M5C 1C4, CA

CIK