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Argo Blockchain ( (GB:ARB) ) just unveiled an update.
Argo Blockchain plc announced a delay in publishing its annual financial report for 2024 due to resources being allocated to restate the 2023 report following SEC comments. The restatement led to a temporary suspension of its shares on the London Stock Exchange. Despite this, Argo provided preliminary unaudited financial highlights for 2024, showing a decrease in revenue and an increase in net loss compared to 2023. The company plans to publish the final report by 9 May 2025 and restore its stock listing thereafter.
More about Argo Blockchain
Argo Blockchain plc is a dual-listed blockchain technology company focused on large-scale cryptocurrency mining. With operations in Quebec and offices in the US, Canada, and the UK, Argo emphasizes sustainable practices, predominantly using renewable energy. It was the first climate-positive cryptocurrency mining company and a signatory to the Crypto Climate Accord.
YTD Price Performance: -41.67%
Average Trading Volume: 28,735
Technical Sentiment Signal: Buy
Current Market Cap: $28.88M
Learn more about ARB stock on TipRanks’ Stock Analysis page.
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