Fri Sep 20 12:16:12 UTC 2024: ## Gryphon Digital Mining Maintains Neutral Rating from HC Wainwright

**Las Vegas, NV – September 20, 2024** – Gryphon Digital Mining (NASDAQ:GRYP), a US-based Bitcoin mining company, saw its stock rating remain at “neutral” by HC Wainwright in a recent research report. The company reported a quarterly earnings per share of ($0.10), exceeding analyst estimates of ($0.18). Revenue for the quarter reached $5.52 million, slightly surpassing predictions of $5.50 million.

Despite the positive earnings report, Gryphon Digital Mining’s stock opened at $0.52 on Friday, indicating a downward trend. The stock has a 50-day simple moving average of $0.75 and a 200-day simple moving average of $1.19.

Analysts are projecting a -0.76 earnings per share for Gryphon Digital Mining in the current fiscal year.

Gryphon Digital Mining, founded in 2020, is known for its focus on ESG-led mining and operates mining computers across the United States.

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