Buy, Sell or Hold: Cathedra Bitcoin (CBIT-X) — Stock Predictions at Stockchase

CVE:CBIT

0.25

0.04 (19.05%) 1d

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RISKY BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Small bitcoin mining company. Increased its revenue well over the quarters. Good gross margins and recently profitable. It aims to hold the bitcoin that it mines on its balance sheet and as of December 2021, holds 169.3 bitcoin. Held up well considering the selloff in bitcoin and other bitcoin miners. It is highly risky and speculative, but given its strong balance sheet, it has some merit. Would be mindful of position sizing. Unlock Premium - Try 5i Free

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Cathedra Bitcoin(CBIT-X) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Cathedra Bitcoin is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cathedra Bitcoin(CBIT-X) Frequently Asked Questions

What is Cathedra Bitcoin stock symbol?

Cathedra Bitcoin is a Canadian stock, trading under the symbol CBIT-X on the TSX Venture Exchange (CBIT-CV). It is usually referred to as TSXV:CBIT or CBIT-X

Is Cathedra Bitcoin a buy or a sell?

In the last year, 1 stock analyst published opinions about CBIT-X. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cathedra Bitcoin.

Is Cathedra Bitcoin a good investment or a top pick?

Cathedra Bitcoin was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Cathedra Bitcoin.

Why is Cathedra Bitcoin stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cathedra Bitcoin worth watching?

In the last year 1 stock analyst on Stockchase covered Cathedra Bitcoin. The stock is worth watching.

What is Cathedra Bitcoin stock price?

On 2022-08-12, Cathedra Bitcoin (CBIT-X) stock closed at a price of $0.25.

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