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Argo Blockchain ( (GB:ARB) ) has issued an announcement.
Argo Blockchain plc announced the full redemption and mandatory exchange of its 8.75% senior notes due 2026, as part of a court-sanctioned restructuring plan. The notes will be exchanged for American Depositary Receipts representing newly-issued shares, equating to a 10% interest in the recapitalized company, effective 12 December 2025. This move is expected to impact the company’s financial structure and market positioning.
The most recent analyst rating on (GB:ARB) stock is a Sell with a £0.97 price target. To see the full list of analyst forecasts on Argo Blockchain stock, see the GB:ARB Stock Forecast page.
Spark’s Take on GB:ARB Stock
According to Spark, TipRanks’ AI Analyst, GB:ARB is a Underperform.
Argo Blockchain’s overall stock score is primarily impacted by its poor financial performance and bearish technical indicators. The company’s significant financial challenges, including declining revenues, operational losses, and cash flow issues, are major concerns. The technical analysis further supports a negative outlook with bearish trends. Although the restructuring plan offers some hope for stabilization, the risks associated with delisting and shareholder dilution weigh heavily on the score.
To see Spark’s full report on GB:ARB stock, click here.
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 is committed to sustainable practices, predominantly using renewable energy. It was the first climate positive cryptocurrency mining company and a signatory to the Crypto Climate Accord.
Average Trading Volume: 6,275,803
Technical Sentiment Signal: Sell
Current Market Cap: £7.17M
Find detailed analytics on ARB stock on TipRanks’ Stock Analysis page.