tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Argo Blockchain Announces CFO Termination and Share Issuance Update

Story Highlights
Argo Blockchain Announces CFO Termination and Share Issuance Update

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Argo Blockchain ( (ARBK) ) has shared an announcement.

On September 12, 2025, Argo Blockchain announced the immediate termination of Jim MacCallum from his position as Chief Financial Officer, with a replacement to be announced later. Additionally, the company reported the issuance of 1,171,754 new ordinary shares following the vesting of restricted stock units, bringing the total voting rights to 720,658,568 shares. This update could impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (ARBK) stock is a Sell with a $0.25 price target. To see the full list of analyst forecasts on Argo Blockchain stock, see the ARBK Stock Forecast page.

Spark’s Take on ARBK Stock

According to Spark, TipRanks’ AI Analyst, ARBK is a Underperform.

Argo Blockchain’s stock score is considerably low, primarily due to severe financial challenges. Negative equity and profitability highlight significant risks, while technical indicators point to bearish sentiment. The company is exploring strategic initiatives to diversify revenue, but current valuation metrics are unattractive, and earnings call insights reveal substantial operational hurdles. These factors combined result in a low overall score.

To see Spark’s full report on ARBK stock, click here.

More about Argo Blockchain

Argo Blockchain plc is a dual-listed blockchain technology company with a focus on large-scale cryptocurrency mining. The company operates a mining facility in Quebec and has offices in the US, Canada, and the UK. Argo is committed to sustainable operations, primarily powered by renewable energy, and was the first climate-positive cryptocurrency mining company, signing the Crypto Climate Accord in 2021.

Average Trading Volume: 11,757,475

Technical Sentiment Signal: Sell

Current Market Cap: $16.53M

See more data about ARBK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1