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NASDAQ:SDIG

Stronghold Digital Mining (SDIG) Stock Price, News & Analysis

$4.93
-0.41 (-7.68%)
(As of 10:30 AM ET)
Today's Range
$4.92
$5.37
50-Day Range
$2.26
$5.34
52-Week Range
$1.65
$11.56
Volume
1.04 million shs
Average Volume
1.06 million shs
Market Capitalization
$75.77 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.83

Stronghold Digital Mining MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
9.2% Upside
$5.83 Price Target
Short Interest
Bearish
5.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.37mentions of Stronghold Digital Mining in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$79,746 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.83) to ($1.73) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.16 out of 5 stars

Finance Sector

831st out of 863 stocks

Nondepository Credit Institutions Industry

50th out of 53 stocks

SDIG stock logo

About Stronghold Digital Mining Stock (NASDAQ:SDIG)

Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on Bitcoin mining in the United States. It operates in two segments, Energy Operations and Cryptocurrency Operations. It also owns and operates coal refuse power generation facilities; and provides environmental remediation and reclamation services. The company was incorporated in 2021 and is headquartered in New York, New York.

SDIG Stock Price History

SDIG Stock News Headlines

Massive Crypto Selloff = Historic Opportunity
Stocks recently suffered the worst 1-day loss since 2022… Cryptos got hammered as well…But here's the fact everyone is missing… As of this writing, Bitcoin is still up 28% year to date…And it's up 84% in the last year.
Bitfarms to Acquire Stronghold Digital Mining
Stronghold Reports Second Quarter 2024 Operating and Financial Results
Massive Crypto Selloff = Historic Opportunity
Stocks recently suffered the worst 1-day loss since 2022… Cryptos got hammered as well…But here's the fact everyone is missing… As of this writing, Bitcoin is still up 28% year to date…And it's up 84% in the last year.
See More Headlines
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Company Calendar

Last Earnings
11/30/2021
Today
8/22/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
Banking
Current Symbol
NASDAQ:SDIG
Fax
N/A
Employees
20
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.83
High Stock Price Target
$8.50
Low Stock Price Target
$4.00
Potential Upside/Downside
+9.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-71,400,000.00
Pretax Margin
-57.88%

Debt

Sales & Book Value

Annual Sales
$74.97 million
Cash Flow
$4.77 per share
Book Value
$3.90 per share

Miscellaneous

Free Float
8,062,000
Market Cap
$82.08 million
Optionable
Optionable
Beta
2.79
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SDIG Stock Analysis - Frequently Asked Questions

How have SDIG shares performed this year?

Stronghold Digital Mining's stock was trading at $7.30 at the start of the year. Since then, SDIG stock has decreased by 26.8% and is now trading at $5.34.
View the best growth stocks for 2024 here
.

How were Stronghold Digital Mining's earnings last quarter?

Stronghold Digital Mining, Inc. (NASDAQ:SDIG) released its quarterly earnings data on Tuesday, November, 30th. The company reported ($60.50) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.60) by $58.90. The business had revenue of $6.02 million for the quarter, compared to analysts' expectations of $6.60 million. Stronghold Digital Mining had a positive trailing twelve-month return on equity of 37.35% and a negative net margin of 7.61%.

When did Stronghold Digital Mining's stock split?

Stronghold Digital Mining shares reverse split on Tuesday, May 16th 2023. The 1-10 reverse split was announced on Tuesday, May 16th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did Stronghold Digital Mining IPO?

Stronghold Digital Mining (SDIG) raised $114 million in an IPO on Wednesday, October 20th 2021. The company issued 6,687,305 shares at $16.00-$18.00 per share.

Who are Stronghold Digital Mining's major shareholders?

Stronghold Digital Mining's top institutional investors include Armistice Capital LLC (5.96%), Thomist Capital Management LP (0.77%), XTX Topco Ltd (0.20%) and Western Wealth Management LLC (0.09%). Insiders that own company stock include Gregory A Beard, William B Spence, Matthew J Smith, Ryan M Weber and Richard J Shaffer.
View institutional ownership trends
.

How do I buy shares of Stronghold Digital Mining?

Shares of SDIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SDIG) was last updated on 8/22/2024 by MarketBeat.com Staff

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