HIVE Blockchain Technologies Ltd (HIVE)

[hobowilly]

HIVE: 397% Growth at 6x Earnings

Nasdaq: HIVE | TSX.V: HIVE
By: Adam Sharp,
Editor, The HIVE Newsletter
Over the past year HIVE has put up some noteworthy financial numbers:
Quarterly revenue growth: 397% (YoY)
Return on assets: 37% (ttm)
Return on equity: 62% (ttm)
2,374 Bitcoin HODL reserves
(Yeah, put up some noteworthy numbers? The only "number" they left out is the stock price)
HIVE shares currently trade at $2.25 on the Nasdaq. That gives the company a P/E ratio of approximately 5.8 (as of 5/28/2022, Yahoo Finance).

A case can be made that HIVE shares are attractively priced at these levels. So in today’s newsletter, we’re going to dig into HIVE’s valuation and strategy.

As of 3/21/2022 HIVE produces about $650,000 worth of cryptocurrency per day, putting the company on a $237 million revenue run rate.

"$650,000 worth of cryptocurrency per day"
. . . . and that's with Bitcoin consolidating since November '21!!!!!!

Is your portfolio keeping up with Frankie The Freeloading Lowlife Lyin' Scammin' POS?
Well, let's have a look?
Snapshot:HIVE
HIVE BLOCKCHAIN TECHNOLOGIES LTD
2.13 Down, Down, Down -0.08 (-3.6199 %) AS OF 4:00:01PM ET 03/31/2022

Lower Highs & LOW, LOW, LOOOOOOOOOOOOOOOOOOOOOOOWER LOWS!!!