Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
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 electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting...
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. Specifically, the stock is neutral on EV/EBITDA.
Target Price
The average target price of BITF is 4.2 and suggests 62% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increas
