Insider Selling: Bitfarms Ltd. (TSE:BITF) Director Sells 1,000,000 Shares of Stock

Bitfarms Ltd. (TSE:BITFGet Rating) Director Emiliano Joel Grodzki sold 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of C$0.77, for a total value of C$768,222.00. Following the completion of the sale, the director now owns 6,698,443 shares of the company’s stock, valued at C$5,145,891.28.

Emiliano Joel Grodzki also recently made the following trade(s):

  • On Friday, September 30th, Emiliano Joel Grodzki sold 398,595 shares of Bitfarms stock. The stock was sold at an average price of C$1.39, for a total value of C$554,191.34.
  • On Wednesday, September 28th, Emiliano Joel Grodzki sold 301,405 shares of Bitfarms stock. The stock was sold at an average price of C$1.40, for a total value of C$421,239.41.

Bitfarms Stock Up 3.7 %

BITF opened at C$0.84 on Thursday. Bitfarms Ltd. has a twelve month low of C$0.74 and a twelve month high of C$10.51. The firm has a market cap of C$182.76 million and a P/E ratio of 4.42. The business has a 50 day moving average price of C$1.30 and a 200 day moving average price of C$1.97. The company has a debt-to-equity ratio of 36.55, a quick ratio of 0.61 and a current ratio of 1.25.

About Bitfarms

(Get Rating)

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. 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.

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