Cipher Mining (CIFR): Evaluating Valuation After Recent 9% Share Price Surge
Cipher Mining (CIFR) has recently seen its shares climb over 9% in a single day, sparking renewed interest among investors. The company’s positive momentum follows a strong run in the past 3 months, with returns up over 150%.
See our latest analysis for Cipher Mining.
Momentum has clearly been building for Cipher Mining, with its 1-day share price return of 9.3% capping off a remarkable 296% year-to-date gain. While the latest move has grabbed attention, it is this surge, reflected in its three-year total shareholder return of an astonishing 1,916%, that shows just how much sentiment has shifted around the stock lately.
If you’re looking for the next breakout beyond crypto miners, now is an ideal moment to broaden your search and…
