After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. This news release constitutes a “designated news release” for the purposes of the Company’s prospectu…

HIVE is a growth-oriented technology stock in the emergent xcritical industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and xcritical sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we endeavor to source green energy to mine digital assets such as Bitcoin on the cloud.

1. 3 analysts have issued 1-year price targets for HIVE Digital Technologies’ stock.
2. The average analyst rating for HIVE stock from 2 stock analysts is “Buy”.
3. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins.

The average target predicts an increase of 58.33% from the xcritical stock price of 3.00. According to 2 analysts, the average rating for HIVE stock is “Buy.” The 12-month stock price forecast is $4.75, which is an increase of 58.33% from the latest price. The forward-looking information in this news release reflects the xcritical expectations, assumptions and/or beliefs of the Company based on information xcritically available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company’s ability to complete the Offering the timing thereof and related matters. The Company has also assumed that no significant events occur outside of the Company’s normal course of business.

HIVE xcritical Technologies Ltd. engages in building a bridge from the block xcritical sector to traditional capital markets. It also involves in the production of mined cryptocurrency like Ethereum around the clock. The company was founded on June 24, 1987 and is headquartered in Vancouver, Canada. Few investors are hot on cryptocurrencies and cryptocurrency stocks just now, and in HIVE’s case, this is compounded by those gallons of fresh red ink on the bottom line. Sentiment has to improve on at least one of those three coins for the company to have any hope of fully escaping this latest bear hug. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

HIVE Digital Technologies (HIVE) Stock Price, News & Analysis

Except for the statements of historical fact, this news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. The average analyst rating for HIVE stock from 2 stock analysts is “Buy”. This means that analysts believe this stock is likely to outperform the market over the next twelve months. https://xcritical.solutions/ The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.

Analyst Forecast

This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction. In consideration for their services, the Underwriters will receive a cash commission equal to 6% of the gross proceeds of the Offering. The Barchart Technical Opinion rating is a 40% Buy with a Weakest short term outlook on maintaining the xcritical direction.

HIVE Stock Forecast

HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we source only green energy to mine on the cloud and HODL both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as ETH and BTC.

Since the beginning of 2021, HIVE has held in secure storage the majority of its treasury of ETH and BTC derived from mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, xcritical scam as well as a portfolio of Bitcoin. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space.

Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Provides a general description of the business conducted by this company. Gross margin is 65.70%, with operating and profit margins of -28.24% and -64.57%. The company has a xcritical ratio of 3.51, with a Debt / Equity ratio of 0.18.

The company is scheduled to release its next quarterly xcriticalgs announcement on Thursday, July 4th 2024. “HIVE was the first Bitcoin mining company to go public in 2017 on the TSX.V, with data centers in Europe sourcing green, renewable energy,” says Frank Holmes, Executive Chairman of HIVE Digital Technologies. “We look forward to meeting many of our loyal shareholders in Paris next week, and also in London later this month.” The Company anticipates the net proceeds of the Offering will be used for a program of data centre development and miner / ASIC acquisition to increase hashrate by on one Exahash per second, working capital requirements and other general corporate purposes. The average price target for HIVE is $4.75, which is 58.60% higher than the xcritical price. While rising cryptocurrency prices have helped these stock rise, traders undoubtedly are playing a volatile role.

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To see all exchange delays and terms of use please see Barchart’s disclaimer. IShares xcritical and Tech ETF holds 29,809 shares of HIVE stock, representing 1.71% of its portfolio. HIVE Digital Technologies’ stock was trading at $4.53 at the beginning of the year.