Toronto Stocks Rise on Positive Macro Momentum; Hut 8 Mining Jumps [MarketWatch]
Hut 8 Mining Corp. - Common Shares (HUT)
Company Research
Source: MarketWatch
CPI report for the month of July. Only commercial services, consumer durables and materials were posting declines while health tech, energy and producer manufacturing led the gainers. Hut 8 Mining Corp. shares climbed after the Canadian digital currency miner reported higher revenue in its second quarter and said it's mining more bitcoin than a year ago. Canada's S&P/TSX Composite Index rose by 0.67% to 20019.95 and the blue-chip S&P/TSX 60 was also 0.67% higher at 1208.32. Hut 8 Mining Corp. shares rose by nearly 14% to C$3.95 after reporting revenue of 43.8 million Canadian dollars, the equivalent of US$34.3 million, up from C$33.5 million a year ago, and said it mined 946 bitcoin in the quarter, 71% more than it did a year ago. Other market movers: Shares in Canada Goose Holdings Inc. rose by 2.8% to C$28.42 the company reported a narrower-than-expected loss and revenue growth in the first quarter and said it expects higher growth in the second quarter. Pollard Banknote L
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HUT
News
- Media Advisory: Hut 8 to Release Q1 2024 Results May 15GlobeNewswire
- Hut 8 Corp. (NASDAQ: HUT) is now covered by analysts at Benchmark Co.. They set a "buy" rating and a $12.00 price target on the stock.MarketBeat
- Canadian Investor Alert: SMK Law Announces Investigation into Hut 8 Corp. (TSX: HUT.TO, NASDAQ: HUT)Business Wire
- Hut 8 optimizes self-mining operations as miners come online at Salt CreekGlobeNewswire
- Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 8, 2024 in Hut 8 Lawsuit - HUTAccesswire
HUT
Earnings
- 11/14/23 - Miss
HUT
Sec Filings
- 3/28/24 - Form 4
- 3/28/24 - Form 4
- 3/28/24 - Form 4
- HUT's page on the SEC website