MineHub Expands into Scrap Metals Market with Jules AI Acquisition

Minehub Technologies ( (TSE:MHUB) ) just unveiled an announcement.

MineHub Technologies has announced the acquisition of Jules AI, a company specializing in AI-driven automation for the recycling and scrap metals market. This strategic move positions MineHub to tap into the growing US$1 trillion scrap metals sector, integrating Jules AI’s platform to offer a comprehensive digital solution across primary and recycled metals supply chains. The acquisition is expected to enhance MineHub’s market positioning by providing direct exposure to key markets and enabling full-stack AI integration to optimize trade workflows.

The most recent analyst rating on (TSE:MHUB) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Minehub Technologies stock, see the TSE:MHUB Stock Forecast page.

Spark’s Take on TSE:MHUB Stock

According to Spark, TipRanks’ AI Analyst, TSE:MHUB is a Neutral.

Minehub Technologies’ overall stock score is primarily impacted by its weak financial performance, characterized by ongoing losses and financial instability. Technical analysis indicates a neutral trend, while valuation metrics highlight the company’s lack of profitability. The absence of earnings call data and corporate events means these factors do not influence the score.

To see Spark’s full report on TSE:MHUB stock, click here.

More about Minehub Technologies

MineHub Technologies Inc. is a leading provider of digital supply chain solutions for the commodity markets, focusing on bulk and refined metals. The company is expanding its digital offerings to include recycled materials and alloys, aiming to enhance transparency and resilience across global supply chains.

Average Trading Volume: 77,485

Technical Sentiment Signal: Buy

Current Market Cap: C$65.29M

For an in-depth examination of MHUB stock, go to TipRanks’ Overview page.