BIT Mining Ltd ADR BTCM
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
BIT Mining Limited Completes Sale of its Mining Pool Business
-
BIT Mining Limited Announces Unaudited Financial Results for the Fourth Quarter and Full Year ended December 31, 2023
-
BIT Mining Limited to Report Fourth Quarter and Full Year 2023 Financial Results on February 23, 2024
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BIT Mining Accounting Policy for Cryptocurrency Assets Fails to Meet FASB Standards
Trading Information
- Previous Close Price
- $2.86
- Day Range
- $2.62–2.96
- 52-Week Range
- $1.79–6.95
- Bid/Ask
- $2.55 / $2.83
- Market Cap
- $30.56 Mil
- Volume/Avg
- 512 / 152,115
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.70
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
BIT Mining Ltd is a cryptocurrency mining company, with a long-term strategy to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The company has significant and growing deployed Bitcoin mining machine capacity, owns three hydroelectric cryptocurrency mines with combined power capacity of 435MW and the entire mining pool business operated under BTC.com, including the domain name and wallet. It has also entered into a definitive agreement to acquire a 7 nanometer cryptocurrency mining machine manufacturer "Bee Computing", completing its vertical integration, making self-sufficient while also strengthening competitive position.
- Sector
- Technology
- Industry
- Information Technology Services
- Stock Style Box
- —
- Total Number of Employees
- 74
- Website
- https://www.btcm.group
Valuation
|
Metric
|
BTCM
|
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | 0.77 |
Price/Sales | 0.70 |
Price/Cash Flow | — |
Price/Earnings
BTCM
Financial Strength
|
Metric
|
BTCM
|
|---|---|
Quick Ratio | 0.21 |
Current Ratio | 1.17 |
Interest Coverage | — |
Quick Ratio
BTCM
Profitability
|
Metric
|
BTCM
|
|---|---|
Return on Assets (Normalized) | −22.58% |
Return on Equity (Normalized) | −33.70% |
Return on Invested Capital (Normalized) | −32.25% |
Return on Assets
BTCM
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