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DMG Blockchain Solutions Inc (TSE:DMGI)
:DMGI

DMG Blockchain Solutions (DMGI) Price & Analysis

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DMGI Stock Chart & Stats


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Bulls Say, Bears Say

Bulls Say
EarningsDMG Blockchain Solutions Inc. hosted its conference call to discuss FY3Q24 revenues of C$8.3M, beating analyst's estimate of C$6.7M.
ExpansionDMG Blockchain Solutions is doubling its hashrate as its carbon-neutral ecosystem gains ground, aiming to reach 2.1Eh/s by February 2025.
Strategic PartnershipsTerra Pool, the world's first carbon-neutral bitcoin mining pool, now collaborates with PayPal to facilitate carbon-neutral transactions, tapping into potential premium revenue as sustainability initiatives extend to the digital realm.
Bears Say
Infrastructure DevelopmentDMG is negotiating to develop a new datacenter site in Canada, outside British Columbia, with access to low-cost renewable energy.
Market CompetitionDMG plans to partner with Bosonic and other exchanges to enhance liquidity and volume while eyeing the potential of a market estimated at $5 trillion in the digital asset custody of Canadian tokenized real-world assets.
Regulatory ApprovalDMG achieved SOC 2 Type II certification, paving the way for near-term regulatory approval and initial client onboarding for its digital asset ecosystem.
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Financials

Quarterly

Options Prices

Currently, No data available
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Ownership Overview

1.57%<0.01%98.38%
<0.01% Other Institutional Investors
98.38% Public Companies and
Individual Investors

DMGI FAQ

What was DMG Blockchain Solutions Inc’s price range in the past 12 months?
DMG Blockchain Solutions Inc lowest stock price was C$0.32 and its highest was C$0.74 in the past 12 months.
    What is DMG Blockchain Solutions Inc’s market cap?
    DMG Blockchain Solutions Inc’s market cap is $70.07M.
      When is DMG Blockchain Solutions Inc’s upcoming earnings report date?
      DMG Blockchain Solutions Inc’s upcoming earnings report date is Feb 04, 2025 which is 3 days ago.
        How were DMG Blockchain Solutions Inc’s earnings last quarter?
        Currently, no data Available
        Is DMG Blockchain Solutions Inc overvalued?
        According to Wall Street analysts DMG Blockchain Solutions Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does DMG Blockchain Solutions Inc pay dividends?
          DMG Blockchain Solutions Inc does not currently pay dividends.
          What is DMG Blockchain Solutions Inc’s EPS estimate?
          DMG Blockchain Solutions Inc’s EPS estimate is -0.04.
            How many shares outstanding does DMG Blockchain Solutions Inc have?
            DMG Blockchain Solutions Inc has 203,104,520 shares outstanding.
              What happened to DMG Blockchain Solutions Inc’s price movement after its last earnings report?
              Currently, no data Available
              Which hedge fund is a major shareholder of DMG Blockchain Solutions Inc?
              Currently, no hedge funds are holding shares in TSE:DMGI
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              Company Description

              DMG Blockchain Solutions Inc

              DMG Blockchain Solutions, Inc. engages in the provision of cryptocurrency and blockchain solutions. It manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem. The company was founded on April 18, 2011 and is headquartered in Vancouver, Canada.
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              DMGI Earnings Call

              Q4 2024
              0:00 / 0:00
              Earnings Call Sentiment|Neutral
              The call presented a balanced view with significant achievements in software development and strategic partnerships, particularly with indigenous groups for AI initiatives. However, the decrease in Bitcoin production and quarterly revenue, along with a reported net loss, highlight ongoing challenges. The focus on future growth in AI and carbon-neutral operations provides a positive outlook despite current setbacks.Read More>
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              DMGI Stock 12 Month Forecast

              Average Price Target

              C$1.00
              ▲(187.10% Upside)
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","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":0.31,"date":1677628800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":0.27,"date":1685577600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":0.52,"date":1706745600000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":0.465,"date":1714521600000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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              Best Analysts Covering DMGI

              1 Year
              Kevin DedeH.C. Wainwright
              1 Year Success Rate
              4/13 ratings generated profit
              31%
              1 Year Average Return
              -11.07%
              reiterated a buy rating 2 months ago
              Copying Kevin Dede's trades and holding each position for 1 Year would result in 30.77% of your transactions generating a profit, with an average return of -11.07% per trade.
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