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How to buy Iris Energy Ltd (IREN) stocks in Canada

Learn how to easily invest in Iris Energy Ltd stocks.

Iris Energy Ltd is a capital markets business based in the US. Iris Energy Ltd stocks (IREN.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $16.87 – an increase of 0.08% over the previous week. Iris Energy Ltd employs 39 staff and has a trailing 12-month revenue of around $23.7 million.

How to buy shares in Iris Energy Ltd

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – IREN – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy Iris Energy Ltd stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How has Coronavirus impacted Iris Energy Ltd's stock price?

Since the stock market crash in March caused by coronavirus, Iris Energy Ltd's stock price has had significant negative movement.

Its last market close was $12.34, which is 86.29% down on its pre-crash value of $90 and 468.88% down on the lowest point reached during the March crash when the stocks fell as low as $70.2.

If you had bought $1,000 worth of Iris Energy Ltd stocks at the start of February 2020, those stocks would have been worth $861.75 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $141.79.

Iris Energy Ltd stock price (NASDAQ:IREN)

Use our graph to track the performance of IREN stocks over time.

Iris Energy Ltd shares at a glance

Information last updated 2022-01-12.
Latest market close$12.34
52-week range$11.04 - $109.00
50-day moving average $16.79
200-day moving average $16.79
Wall St. target price$30.50
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-26.03

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Iris Energy Ltd price performance over time

Historical closes compared with the close of $12.34 from 2022-01-14

1 week (2022-01-11) 0.08%
1 month (2021-12-17) -30.28%
3 months (2021-10-18) -88.02%
6 months (2021-07-16) -88.13%
1 year (2021-01-18) -86.13%
2 years (2020-01-17) -85.27%
3 years (2019-01-18) 62.6
5 years (2017-01-18) 58.3

Is Iris Energy Ltd under- or over-valued?

Valuing Iris Energy Ltd stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Iris Energy Ltd's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Iris Energy Ltd's EBITDA

Iris Energy Ltd's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $6.5 million.

The EBITDA is a measure of a Iris Energy Ltd's overall financial performance and is widely used to measure a its profitability.

Iris Energy Ltd financials

Revenue TTM $23.7 million
Operating margin TTM 18.19%
Gross profit TTM $7.5 million
Return on assets TTM 0%
Return on equity TTM 0%
Profit margin 0%
Book value N/A
Market capitalisation $678.6 million

TTM: trailing 12 months

Iris Energy Ltd share dividends

We're not expecting Iris Energy Ltd to pay a dividend over the next 12 months.

Iris Energy Ltd overview

Iris Energy Limited operates as a bitcoin mining company. The company was incorporated in 2018 and is based in Sydney, Australia. .

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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