FY2025 Earnings Estimate for GRYP Issued By HC Wainwright

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) – Stock analysts at HC Wainwright issued their FY2025 EPS estimates for Gryphon Digital Mining in a research report issued on Tuesday, April 1st. HC Wainwright analyst K. Dede expects that the company will earn ($0.45) per share for the year. HC Wainwright currently has a “Neutral” rating on the stock. The consensus estimate for Gryphon Digital Mining’s current full-year earnings is ($0.76) per share.

Gryphon Digital Mining (NASDAQ:GRYP) last released its quarterly earnings results on Monday, March 31st. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.23. The firm had revenue of $3.90 million during the quarter, compared to analysts’ expectations of $3.90 million.

Gryphon Digital Mining Price Performance

Gryphon Digital Mining stock opened at $0.16 on Wednesday. The business has a fifty day moving average price of $0.27 and a 200-day moving average price of $0.46. Gryphon Digital Mining has a 1-year low of $0.15 and a 1-year high of $1.89.

Insiders Place Their Bets

In other news, Director Brittany Kaiser sold 604,581 shares of the company’s stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $0.35, for a total transaction of $211,603.35. Following the transaction, the director now owns 604,581 shares in the company, valued at $211,603.35. This represents a 50.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Daniel George Tolhurst bought 96,824 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was bought at an average price of $0.39 per share, with a total value of $37,761.36. Following the completion of the purchase, the director now directly owns 3,406,473 shares in the company, valued at $1,328,524.47. This represents a 2.93 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 11.70% of the company’s stock.

Institutional Investors Weigh In On Gryphon Digital Mining

A hedge fund recently raised its stake in Gryphon Digital Mining stock. XTX Topco Ltd boosted its position in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 40,169 shares of the company’s stock after acquiring an additional 17,296 shares during the quarter. XTX Topco Ltd owned about 0.10% of Gryphon Digital Mining worth $27,000 at the end of the most recent reporting period. Institutional investors own 10.21% of the company’s stock.

About Gryphon Digital Mining

Gryphon Digital Mining, Inc operates as a bitcoin mining company in the United States. It operates mining computers and ESG-led mining. The company was founded in 2020 and is based in Las Vegas, Nevada.