U.S. markets open in 12 minutes

HIVE Blockchain Technologies Ltd. (HIVE.V)

TSXV - TSXV Real Time Price. Currency in CAD
Add to watchlist
3.5400-0.2100 (-5.60%)
At close: 3:59PM EDT
Full screen
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close3.7500
Bid3.5200 x 0
Ask3.5400 x 0
Day's Range3.5200 - 3.9300
52 Week Range0.2950 - 7.2500
Avg. Volume5,132,511
Market Cap1.335B
Beta (5Y Monthly)5.55
PE Ratio (TTM)33.71
EPS (TTM)0.1050
Earnings DateMar 03, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
    View more

      HIVE Announces Sale of Norwegian Subsidiary with Associated Debt and HODL Update

      This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.VANCOUVER, BC / ACCESSWIRE / May 10, 2021 / HIVE Blockchain Technologies Ltd.

    • HIVE Blockchain Technologies Is A Compelling Under-the-Radar Crypto Play

      HIVE Blockchain Technologies Is A Compelling Under-the-Radar Crypto Play

      Investors who appreciate the fast pace of Bitcoin (XBT) and Ethereum (ETH) will like HIVE Blockchain Technologies (HVBTF). This stock can serve as a proxy for accounts that do not permit cryptocurrency trading, such as some retirement accounts. HIVE is involved in green energy, which is a red-hot market in 2021. Plus, HIVE now has a DeFi (decentralized finance) angle, which could enhance the company’s shareholder value even further. A Quick Look At HVBTF Stock Recently, HIVE’s stock has experienced lightning-fast price action. As recently as January of 2020, HVBTF stock was available for just 9 cents. It then soared to a 52-week high of $5.75 in February 2021. However, the share price has retraced to the $3 range since that time. (See HIVE stock analysis on TipRanks) This sector is prone to bouts of extreme volatility, so investors should be cautious. A small position in the stock could yield substantial returns – just make sure that you’re wearing your seat belt, as it could be a wild ride. A Green Energy Blockchain Leader Is it possible to invest in cryptocurrency mining and consider ESG (environmental, social and governance) factors at the same time? Cryptocurrency mining is notorious for using tremendous amounts of energy. Yet HIVE’s investor presentation confirms its commitment to clean, responsible crypto mining. HIVE conducts its crypto mining operations in cold climates because it is power-efficient, and therefore cost-efficient. The company mines for Ethereum and Bitcoin in Sweden, Iceland and Canada – some of the coldest regions in the world. This has contributed to improved profitability, with HIVE going from adjusted EBITDA of -$5 million in fiscal year 2019 to $7.8 million in fiscal year 2020. 2020 was the first year in which HIVE achieved profitability, and it has grown from there. Additionally, all of HIVE’s cryptocurrency mining facilities have been powered by green energy from day one. Further proving its commitment to going green, the company just acquired a massive data center in Canada with access to 50 megawatts of low-cost green power. Expanding Into DeFi Along with the company’s robust yet clean mining operations, HIVE is moving aggressively into the DeFi (decentralized finance) space. DeFi refers to financial applications built on blockchain technologies, which are meant to disrupt the traditional world of finance. The company is not building its own DeFi business from scratch, which would be a costly and time-consuming project. Instead, HIVE is engaging in a share swap with decentralized finance asset manager DeFi Technologies Inc. (DEFI). As a result of the share swap, HIVE will own around 5% of DeFi Technologies’ outstanding common shares, while DeFi Technologies will own roughly 1% of HIVE’s outstanding common shares. This partnership, according to the press release, will “provide HIVE with a strategic stake in DeFi Technologies and a broader partnership surrounding the DeFi ecosystem with a specific focus on the Ethereum based MEV space and developments surrounding it.” MEV refers to the amount of profit that cryptocurrency miners can extract from reordering and censoring transactions on the blockchain. In other words, this transaction will not only diversify HIVE’s business, but could also enhance HIVE’s profit potential as a cryptocurrency miner. Weighing All Of The Factors Looking at its TipRanks Smart Score, which is derived from 8 unique data sets, HIVE earns a 5. That means it is likely to perform in line with market averages. Takeaway For HIVE Blockchain Technologies and its shareholders, the deal with DeFi Technologies sounds like a win-win. Investors who are in the market for an ultra-efficient cryptocurrency miner with an ESG angle should find it in HIVE. To find other compelling plays in this fast-growing space, check out the Cryptocurrency Stock Comparison tool on TipRanks. Disclosure: On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. Disclaimer: The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities.


      HIVE Blockchain Technologies Ltd. to Present at the Planet MicroCap Showcase: VIRTUAL on Thursday, April 22, 2021

      VANCOUVER, BC / ACCESSWIRE / April 21, 2021 / HIVE Blockchain Technologies Ltd. (TSXV:HIVE), the first publicly listed cryptocurrency miner, today announced that it will be presenting at the Planet MicroCap Showcase: VIRTUAL on Thursday, April 22 at 11:30AM EST.