Hut 8 Mining (OTCMKTS:HUTMF) Shares Up 6.7% – Still a Buy?

Hut 8 Mining Corp. (OTCMKTS:HUTMFGet Free Report)’s share price shot up 6.7% on Monday . The stock traded as high as $4.63 and last traded at $4.35. 3,787,400 shares were traded during trading, an increase of 177% from the average session volume of 1,368,911 shares. The stock had previously closed at $4.07.

Hut 8 Mining Stock Performance

The firm’s fifty day moving average price is $4.35.

About Hut 8 Mining

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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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