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Canaan (CAN) Stock

Profile

Full Name:

Canaan Inc.

Sector:

Technology

Country:

Singapore

IPO:

20 November 2019

Indexes:

Not included

Description:

Canaan is a technology company based in China, known for producing high-performance cryptocurrency mining hardware. They focus on developing advanced ASIC miners, which are used to mine Bitcoin and other cryptocurrencies. Canaan aims to provide efficient solutions for the growing digital currency market.

Key Details

Price

$1.92

Annual Revenue

$211.48 M(-67.54% YoY)

Annual EPS

-$2.41(-692.62% YoY)

Annual ROE

-86.66%

Beta

3.19

Events Calendar

Earnings

Next earnings date:

Feb 27, 2025

Recent quarterly earnings:

Nov 20, 2024

Recent annual earnings:

Feb 27, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

22 Jan '25 HC Wainwright & Co.
Buy
06 Dec '24 Rosenblatt
Buy
21 Nov '24 HC Wainwright & Co.
Buy
18 Sept '24 B. Riley Securities
Buy
11 Sept '24 Rosenblatt
Buy
16 Aug '24 HC Wainwright & Co.
Buy
20 May '24 HC Wainwright & Co.
Buy
29 Nov '23 HC Wainwright & Co.
Buy
29 Nov '23 Benchmark
Buy
30 Aug '23 HC Wainwright & Co.
Buy

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Institutional Ownership

Canadian Gold Resources (TSXV: CAN) Engages Alliance Advisors IR for Investor Relations Services and Retains Integral Wealth Securities as Market Maker
Canadian Gold Resources (TSXV: CAN) Engages Alliance Advisors IR for Investor Relations Services and Retains Integral Wealth Securities as Market Maker
Canadian Gold Resources (TSXV: CAN) Engages Alliance Advisors IR for Investor Relations Services and Retains Integral Wealth Securities as Market Maker
CAN
globenewswire.com20 January 2025

DIEPPE, New Brunswick, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN), Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec, is pleased to announce it has entered into an investor relations agreement (the “Alliance Agreement”) with Alliance Advisors Investor Relations (“Alliance”) and has retained Integral Wealth Securities Limited (“Integral”) to provide market-making services (the “Integral Agreement”) in accordance with TSX Venture Exchange (“TSXV”) policies. The partnerships aim to enhance Canadian Gold's communication with the investment community and increase visibility within the resource sector.

Why Bitcoin and Related Stocks Soared on Friday
Why Bitcoin and Related Stocks Soared on Friday
Why Bitcoin and Related Stocks Soared on Friday
CAN
fool.com17 January 2025

Many stocks and funds in the cryptocurrency sphere soared on Friday. The classic Bitcoin (BTC 4.52%) cryptocurrency gained as much as 5.3%, as measured from Thursday's market close, boosting a wide range of closely related investments in the process.

Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in CES 2025
Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in CES 2025
Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in CES 2025
CAN
prnewswire.com07 January 2025

LAS VEGAS , Jan. 7, 2025 /PRNewswire/ -- Canaan INC (NASDAQ: CAN), a leading blockchain hardware manufacturer, today announced the launch of the Avalon Mini 3 and Nano 3S in Las Vegas, CES . The two innovative Bitcoin mining devices are designed to democratize cryptocurrency mining for individuals and turning a home heating system into a crypto mining device.

Canaan Inc. Secures A15XP Order from New United States Customer
Canaan Inc. Secures A15XP Order from New United States Customer
Canaan Inc. Secures A15XP Order from New United States Customer
CAN
prnewswire.com06 January 2025

SINGAPORE , Jan. 6, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan U.S. Inc., a wholly owned subsidiary of the Company, has entered into a purchase agreement with a new, strategic United States customer for its Avalon A15XP miners. According to the purchase agreement, Canaan U.S. Inc. will provide the customer with 2800 air-cooled Avalon A15XP miners that will be added to its large mining fleet.

Canadian Gold Resources (TSXV: CAN) Announces Closing of Non-Brokered Private Placement of Flow-Through Units and Non Flow-Through Units
Canadian Gold Resources (TSXV: CAN) Announces Closing of Non-Brokered Private Placement of Flow-Through Units and Non Flow-Through Units
Canadian Gold Resources (TSXV: CAN) Announces Closing of Non-Brokered Private Placement of Flow-Through Units and Non Flow-Through Units
CAN
globenewswire.com02 January 2025

DIEPPE, New Brunswick, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Further to its news release of December 18, 2024, Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN) is pleased to announce it has closed a non-brokered private placement of flow through and non-flow through units (the “Offering”) for total gross proceeds of $2,345,000. The Company sold:

Why Canaan Inc. (CAN) Is Among the Best Technology Penny Stocks to Buy According to Hedge Funds?
Why Canaan Inc. (CAN) Is Among the Best Technology Penny Stocks to Buy According to Hedge Funds?
Why Canaan Inc. (CAN) Is Among the Best Technology Penny Stocks to Buy According to Hedge Funds?
CAN
Insider Monkey27 December 2024

We have just released a list of the 12 Best Technology Penny Stocks to Buy, based on hedge fund recommendations. In this article, we will examine how Canaan Inc. (NASDAQ:CAN) compares to other top technology penny stocks favored by hedge funds. The Russell 2000, which is an index for small-cap stocks, has often underperformed in the past.

Canadian Gold Resources (TSXV: CAN) Announces Non-Brokered Private Placement of Flow-Through Units and Non Flow-Through Units
Canadian Gold Resources (TSXV: CAN) Announces Non-Brokered Private Placement of Flow-Through Units and Non Flow-Through Units
Canadian Gold Resources (TSXV: CAN) Announces Non-Brokered Private Placement of Flow-Through Units and Non Flow-Through Units
CAN
globenewswire.com18 December 2024

DIEPPE, New Brunswick, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN) is pleased to announce a non-brokered private placement (the “Offering”) of:

Canaan Inc. Signs Agreement with AGM Group Holdings Inc.
Canaan Inc. Signs Agreement with AGM Group Holdings Inc.
Canaan Inc. Signs Agreement with AGM Group Holdings Inc.
CAN
prnewswire.com12 December 2024

Provides 2000 A15 Hydro Bitcoin mining machines in initial order Continues global expansion with addition of new customer SINGAPORE , Dec. 12, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan Creative Global Pte. Ltd. ("CCG"), a wholly owned Singapore subsidiary of the Company, has entered into a purchase agreement with AGM Group Holdings Inc. ("AGMH"), an integrated technology company specializing in fintech software services and production of high-performance hardware and computing equipment, for its Avalon A15 HydU 370T ("A15 Hydro") mining machines.

Canadian Gold Resources (TSXV: CAN) Commences Trading on the TSX Venture Exchange
Canadian Gold Resources (TSXV: CAN) Commences Trading on the TSX Venture Exchange
Canadian Gold Resources (TSXV: CAN) Commences Trading on the TSX Venture Exchange
CAN
globenewswire.com12 December 2024

VANCOUVER, British Columbia, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN) (formerly “Amseco Exploration Ltd.”) is pleased to announce that the common shares of the Company will officially commence trading on the TSX Venture Exchange (“TSXV”) under the trading symbol “CAN” and new CUSIP #13585U109, as of market open today, Thursday, December 12, 2024.

Canaan Inc. to Participate in Upcoming Investor Conferences
Canaan Inc. to Participate in Upcoming Investor Conferences
Canaan Inc. to Participate in Upcoming Investor Conferences
CAN
prnewswire.com02 December 2024

SINGAPORE , Dec. 2, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that the Company will participate in the following investor conferences in December 2024. Canaan's management plans to host one-on-one meetings with institutional investors at the conferences.

FAQ

  • What is the primary business of Canaan?
  • What is the ticker symbol for Canaan?
  • Does Canaan pay dividends?
  • What sector is Canaan in?
  • What industry is Canaan in?
  • What country is Canaan based in?
  • When did Canaan go public?
  • Is Canaan in the S&P 500?
  • Is Canaan in the NASDAQ 100?
  • Is Canaan in the Dow Jones?
  • When was Canaan's last earnings report?
  • When does Canaan report earnings?
  • Should I buy Canaan stock now?

What is the primary business of Canaan?

Canaan is a technology company based in China, known for producing high-performance cryptocurrency mining hardware. They focus on developing advanced ASIC miners, which are used to mine Bitcoin and other cryptocurrencies. Canaan aims to provide efficient solutions for the growing digital currency market.

What is the ticker symbol for Canaan?

The ticker symbol for Canaan is NASDAQ:CAN

Does Canaan pay dividends?

No, Canaan does not pay dividends

What sector is Canaan in?

Canaan is in the Technology sector

What industry is Canaan in?

Canaan is in the Computer Hardware industry

What country is Canaan based in?

Canaan is headquartered in Singapore

When did Canaan go public?

Canaan's initial public offering (IPO) was on 20 November 2019

Is Canaan in the S&P 500?

No, Canaan is not included in the S&P 500 index

Is Canaan in the NASDAQ 100?

No, Canaan is not included in the NASDAQ 100 index

Is Canaan in the Dow Jones?

No, Canaan is not included in the Dow Jones index

When was Canaan's last earnings report?

Canaan's most recent earnings report was on 20 November 2024

When does Canaan report earnings?

The next expected earnings date for Canaan is 27 February 2025

Should I buy Canaan stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions