Streetbeat News

HIVE

HIVE Blockchain Technologies Ltd.

https://www.hiveblockchain.com

Industry

Financial - Capital Markets

HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. It engages in the mining and sale of digital currencies, including Ethereum, Ethereum Classic, and Bitcoin. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd. in September 2017. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.

Open

4.47

Mkt cap

552M

Volume

7.2M

High

4.74

P/E Ratio

-13.29

52-wk high

5.74

Low

4.40

Div yield

N/A

52-wk low

2.18

Crypto-linked stocks are experiencing a decline as Bitcoin prices drop. This is influenced by economic contraction signals from August's ISM Manufacturing PMI data and anticipation of non-farm payrolls data, which could impact future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 3:59 pm

Crypto-linked stocks and miners are experiencing a rise in share prices following Iris Energy's FY24 results. Bitcoin is also trading higher.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 4:11 pm

Hive Digital Technologies Ltd (NASDAQ:HIVE) has reported a significant earnings beat, with quarterly earnings of 3 cents per share, surpassing analyst expectations. Sales also exceeded estimates, reaching $32.20 million. The stock has triggered a Golden Cross, indicating potential upward momentum, although caution is advised due to possible volatility.

Portfolio Pulse from Surbhi Jain

August 28, 2024 | 1:36 pm

Several major stocks, including PVH Corp., nCino, and Marathon Digital, are experiencing declines in pre-market trading. PVH's drop is due to a forecasted revenue decline and lower EPS estimates, despite beating Q2 earnings expectations. nCino's shares fell after Q2 results, while Marathon Digital and HIVE Digital are impacted by Bitcoin price drops.

Portfolio Pulse from Avi Kapoor

August 28, 2024 | 12:20 pm

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 2:23 pm

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 4:57 pm

Canaccord Genuity has reiterated its Buy rating for HIVE Digital Technologies, maintaining a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:10 pm

HC Wainwright & Co. has upgraded HIVE Digital Technologies (NASDAQ:HIVE) from Neutral to Buy and raised the price target from $4 to $5.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 4:27 pm

HIVE Digital Technologies (NASDAQ:HIVE) reported Q1 earnings of $0.03 per share, significantly beating the analyst estimate of $(0.01). The company also reported sales of $32.20 million, surpassing the $24.32 million estimate. This marks a substantial improvement from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 5:09 am

Shares of crypto-linked stocks are trading higher amid a rebound in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:27 am

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