Discovery Mining is trading at CA$10.80 (-4.59%) after Q2 revenue missed FactSet estimates.
- Q2 revenue was $319.1 million, below the $335.0 million FactSet estimate, while adjusted EPS beat at $0.11 versus $0.10.
- Bitcoin rose 0.67% and Ethereum rose 0.27% since the previous close, so crypto sentiment is not supporting the move.
- The Nasdaq fell 1.42%, and broader risk-off trading may add pressure.