Hut 8 Mining (OTCMKTS:HUTMF) Trading Down 8.3%

Hut 8 Mining Corp. (OTCMKTS:HUTMFGet Rating)’s share price traded down 8.3% on Thursday . The stock traded as low as $1.52 and last traded at $1.54. 11,155,409 shares were traded during mid-day trading, an increase of 715% from the average session volume of 1,368,911 shares. The stock had previously closed at $1.68.

The firm’s 50-day moving average price is $3.04 and its two-hundred day moving average price is $5.46.

About Hut 8 Mining (OTCMKTS:HUTMF)

Hut 8 Mining Corp. operates as a cryptocurrency mining company in Canada. The company engages in industrial scale bitcoin mining operations. It also owns and operates 38 BlockBoxes in Drumheller, Alberta; and 56 BlockBoxes in Medicine Hat, Alberta. The company is headquartered in Toronto, Canada.

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