Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
HIVE Digital Technologies ( (TSE:HIVE) ) has provided an update.
The news release from HIVE Digital Technologies Ltd. includes the unaudited financial statements for the three and nine months ended December 31, 2024, and 2023. The company reported a decrease in revenue from digital currency mining compared to the previous year, with a total revenue of $26.7 million for the three months ended December 31, 2024. Despite this, the company’s total assets increased significantly from $307.6 million in March 2024 to $478.6 million in December 2024, indicating a strong financial position. The release does not specify the broader impact on the company’s operations or implications for stakeholders.
More about HIVE Digital Technologies
HIVE Digital Technologies Ltd. operates in the digital technology sector, primarily focusing on digital currency mining and high-performance computing hosting. The company is based in British Columbia, Canada, with executive offices in San Antonio, Texas, USA.
YTD Price Performance: -8.41%
Average Trading Volume: 9,383,205
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $365.5M
Learn more about HIVE stock on TipRanks’ Stock Analysis page.
