Argo Blockchain ( (GB:ARB) ) has provided an announcement.
Argo Blockchain plc has announced a delay in the publication of its annual financial report for 2024 due to the need to restate its 2023 financials following a review by the SEC. This delay has led to a temporary suspension of its shares from trading on the London Stock Exchange. The restatement resulted in a decrease in net loss for 2023 and 2022 and a decrease in net income for 2021, with no changes to revenue or cash. The company expects to publish the 2024 financial statements around 9 May 2025 and will seek to restore trading of its shares thereafter.
More about Argo Blockchain
Argo Blockchain plc is a dual-listed blockchain technology company focused 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 known for its global, sustainable operations powered predominantly by renewable energy and was the first climate-positive cryptocurrency mining company, being 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.