Shane Downey - Hut 8 Chief Officer

HUT Stock  USD 7.99  0.16  1.96%   

Insider

Shane Downey is Chief Officer of Hut 8 Corp
Phone305 224 6427
Webhttps://hut8.com

Hut 8 Management Efficiency

The company has Return on Asset of (0.0425) % which means that on every $100 spent on assets, it lost $0.0425. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (1.2268) %, meaning that it generated no profit with money invested by stockholders. Hut 8's management efficiency ratios could be used to measure how well Hut 8 manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 47.42 M in debt with debt to equity (D/E) ratio of 0.1, which may show that the company is not taking advantage of profits from borrowing. Hut 8 Corp has a current ratio of 9.38, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Hut 8 until it has trouble settling it off, either with new capital or with free cash flow. So, Hut 8's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hut 8 Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hut to invest in growth at high rates of return. When we think about Hut 8's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

INSIDER Age

Sonia TercasBitfarms
N/A
Jeffrey LucasBitfarms
64
Greg GohlinghorstCleanSpark
N/A
Kerri LanglaisTerawulf
48
Nazar KhanTerawulf
47
Ashu SwamiMarathon Digital Holdings
44
Paul PragerTerawulf
64
Hugh GallagherMarathon Digital Holdings
61
Isaac HolyoakCleanSpark
N/A
Adam MaherCleanSpark
50
Colin YeeRiot Blockchain
48
Owen CadwaladerCleanSpark
N/A
Kenneth DeaneTerawulf
54
Gary CPACleanSpark
46
William CFABit Digital
N/A
William BeamMarathon Digital Holdings
N/A
Bryan BullettBit Digital
52
Lyle TheriotRiot Blockchain
N/A
Stephanie FleischmannTerawulf
N/A
Chad HarrisRiot Blockchain
N/A
Rachel SilversteinCleanSpark
N/A
Hut 8 Mining Corp. operates as a cryptocurrency mining company in North America. Hut 8 Mining Corp. was incorporated in 2011 and is headquartered in Toronto, Canada. Hut 8 operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 43 people. Hut 8 Corp (HUT) is traded on NASDAQ Exchange in USA. It is located in 1101 Brickell Avenue, Miami, FL, United States, 33131 and employs 219 people. Hut 8 is listed under Banking category by Fama And French industry classification.

Management Performance

Hut 8 Corp Leadership Team

Elected by the shareholders, the Hut 8's board of directors comprises two types of representatives: Hut 8 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hut. The board's role is to monitor Hut 8's management team and ensure that shareholders' interests are well served. Hut 8's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hut 8's outside directors are responsible for providing unbiased perspectives on the board's policies.
Matthew Prusak, Chief Officer
Viktoriya Griffin, Co Sec
CPA CMA, Chief Officer
Asher Genoot, President CoFounder
Josh Rayner, VP Sales
Jaime Leverton, Chief Director
Shane Downey, Chief Officer
Michael Ho, Chief Founder
Aniss Amdiss, Chief Secretary
James Beer, Senior Operations
Erin Dermer, Senior Culture
Sue Ennis, VP Devel
Suzanne Ennis, Vice Development

Hut Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Hut 8 a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hut 8 in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hut 8's short interest history, or implied volatility extrapolated from Hut 8 options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Hut 8 Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Hut Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Hut 8 Corp Stock. Highlighted below are key reports to facilitate an investment decision about Hut 8 Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hut 8 Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Hut Stock analysis

When running Hut 8's price analysis, check to measure Hut 8's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
CEOs Directory
Screen CEOs from public companies around the world
Share Portfolio
Track or share privately all of your investments from the convenience of any device
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Is Hut 8's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hut 8. If investors know Hut will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hut 8 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hut 8 Corp is measured differently than its book value, which is the value of Hut that is recorded on the company's balance sheet. Investors also form their own opinion of Hut 8's value that differs from its market value or its book value, called intrinsic value, which is Hut 8's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hut 8's market value can be influenced by many factors that don't directly affect Hut 8's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hut 8's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hut 8 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hut 8's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.