Iris Energy Ltd IREN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
September 2024 Monthly Investor Update
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IRIS ENERGY LIMITED ANNOUNCEMENT: If You Have Suffered Losses in Iris Energy Limited (NASDAQ: IREN), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
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Rosen Law Firm Encourages Iris Energy Limited Investors to Inquire About Securities Class Action Investigation - IREN
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IRIS ENERGY LIMITED ANNOUNCEMENT: If You Have Suffered Losses in Iris Energy Limited (NASDAQ: IREN), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
-
IRIS ENERGY LIMITED ANNOUNCEMENT: If You Have Suffered Losses in Iris Energy Limited (NASDAQ: IREN), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
-
Rosen Law Firm Encourages Iris Energy Limited Investors to Inquire About Securities Class Action Investigation - IREN
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IREN achieves 20 EH/s milestone
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IRIS ENERGY LIMITED ANNOUNCEMENT: If You Have Suffered Losses in Iris Energy Limited (NASDAQ: IREN), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Trading Information
- Previous Close Price
- $7.84
- Day Range
- $7.98–8.74
- 52-Week Range
- $2.79–15.75
- Bid/Ask
- $8.66 / $8.69
- Market Cap
- $1.64 Bil
- Volume/Avg
- 11.9 Mil / 15.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 4.58
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.
- Sector
- Financial Services
- Industry
- Capital Markets
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 144
- Website
- https://www.irisenergy.co
Comparables
Valuation
Metric
|
IREN
|
CLSK
|
001286
|
---|---|---|---|
Price/Earnings (Normalized) | — | 140.26 | 15.12 |
Price/Book Value | 1.55 | 1.61 | 1.74 |
Price/Sales | 4.58 | 5.35 | 1.99 |
Price/Cash Flow | 21.11 | 79.29 | 5.42 |
Price/Earnings
IREN
CLSK
001286
Financial Strength
Metric
|
IREN
|
CLSK
|
001286
|
---|---|---|---|
Quick Ratio | 8.64 | 8.75 | 0.50 |
Current Ratio | 8.87 | 8.94 | 0.58 |
Interest Coverage | −122.85 | −70.79 | 7.37 |
Quick Ratio
IREN
CLSK
001286
Profitability
Metric
|
IREN
|
CLSK
|
001286
|
---|---|---|---|
Return on Assets (Normalized) | −1.99% | −12.96% | 4.38% |
Return on Equity (Normalized) | −2.19% | −13.83% | 11.98% |
Return on Invested Capital (Normalized) | −2.75% | −13.94% | 6.13% |
Return on Assets
IREN
CLSK
001286
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