LAS VEGAS - Gryphon Digital Mining, Inc. (NASDAQ:GRYP), a company that specializes in environmentally conscious bitcoin mining, announced the rescheduling of its earnings conference call for the fourth quarter and full year of 2023. The call, initially set for an earlier date, will now take place on Tuesday, April 2, at 9:00 am Eastern Time.
The decision to postpone the conference call was not accompanied by a specific reason in the press release. However, the company provided details for both attending the live event and accessing the replay. Participants can join the call toll-free at 888-506-0062 in the U.S. or internationally at 973-528-0011 with the access code 949507. A webcast will also be available, and a replay can be accessed using the passcode 50238.
Gryphon Digital Mining is independently certified as operating on 100% renewable energy and is actively working towards a carbon-negative footprint. The company's leadership team includes individuals from globally recognized brands who are focused on improving the infrastructure for digital assets.
The information for this article is based on a press release statement from Gryphon Digital Mining.
InvestingPro Insights
Gryphon Digital Mining, Inc. (NASDAQ:GRYP), while navigating the complexities of the cryptocurrency market with a focus on sustainability, has exhibited notable financial metrics and stock performance characteristics. As investors anticipate the rescheduled earnings conference call, here are some insights from InvestingPro that could be pertinent:
InvestingPro Data:
- The company's market capitalization stands at $53.45 million, reflecting its current valuation in the market.
- With a negative P/E ratio of -0.93 and an adjusted P/E ratio for the last twelve months as of Q3 2023 at -4.34, Gryphon Digital Mining has not been profitable over the past year.
- Revenue for the last twelve months as of Q3 2023 was reported at $19.97 million, with a gross profit margin of 37.3%, highlighting the company's ability to generate earnings relative to its revenue.
InvestingPro Tips:
- Gryphon Digital Mining's stock has experienced high price volatility, which is an important consideration for investors looking for stability in their investments.
- Over the last three months, the stock price has declined significantly, with a 66.26% drop, a trend that is mirrored in the six-month and one-year total return figures.
Investors interested in a deeper dive into Gryphon Digital Mining's financials and stock performance can access additional tips on InvestingPro, with a total of 9 tips available for GRYP. For those looking to make informed decisions with a comprehensive set of tools, consider using the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription at InvestingPro. With the next earnings date approaching on May 10, 2024, these insights could be valuable in assessing the company's trajectory and potential investment opportunities.
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