Bitfarms Ltd. (TSE:BITF) Senior Officer Philippe Fortier Acquires 25,000 Shares December 25, 2024 by InsiderTrades.com Share Bitfarms Ltd. (TSE:BITF - Get Free Report) Senior Officer Philippe Fortier bought 25,000 shares of the company's stock in a transaction on Tuesday, December 24th. The shares were bought at an average price of C$2.36 per share, with a total value of C$59,000.00. Bitfarms Trading Up 6.1 %Shares of BITF stock opened at C$2.45 on Wednesday. The business has a 50-day moving average price of C$2.89 and a two-hundred day moving average price of C$3.10. Bitfarms Ltd. has a 12-month low of C$2.12 and a 12-month high of C$5.25. The company has a quick ratio of 0.63, a current ratio of 5.11 and a debt-to-equity ratio of 3.35. The firm has a market cap of C$1.11 billion, a P/E ratio of -4.90 and a beta of 3.20. Analyst Upgrades and DowngradesSeparately, ATB Capital lowered their price objective on shares of Bitfarms from C$7.00 to C$6.50 in a research report on Thursday, November 14th.View Our Latest Stock Analysis on BitfarmsAbout Bitfarms (Get Free Report)Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.Featured ArticlesFive stocks we like better than Bitfarms3 Warren Buffett Stocks to Buy Now5 Reasons DraftKings Stock Looks Promising in the New YearWhat Does a Gap Up Mean in Stocks? How to Play the GapCybersecurity Stocks: 1 Immediate Buy and 1 Dip Opportunity3 Small Caps With Big Return PotentialThe Next 2 AI Winners Have Triple-Digit Upside PotentialThis instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Insider Buying or Selling at Bitfarms? Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Bitfarms and related companies. More From MarketBeatAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. 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