very solid Q3 outdon`t be fooled by the optical 0.02$ net loss, which is only due to downward revesion of
BTC inventory of 10mmUS$.
Operating/BTC Mining devision has a net income of anout 10cents per share
HUT8 trades at less than 5 times earnings
Balance sheet substancially improved, and if BTC only stays where it is now (9000US/BTC)
then we see an upward revision as well. Annualized earnings could come in as high as 0.5$/sh
even without any move in BTC to the upside
If hut8 were a gold miner it would be in the best quartile league like WDO or KL
for comparison. Basically Hut8 has even a better margin
https://www.globenewswire.com/news-release/2019/11/06/1942721/0/en/Wesdome-Announces-2019-Third-Quarter-Financial-Results.html
lets see if markets understand.
Simple trade should be Long HUT8 with a SL if BTC drops below 8k