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Argo Blockchain (ARBK)
NASDAQ:ARBK

Argo Blockchain (ARBK) Price & Analysis

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ARBK Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
Debt EliminationArgo made solid capital structure headway in eliminating all debt owed to Galaxy Digital.
New Revenue StreamsArgo plans to transform Baie Comeau into a hub for high-performance computing services, targeting new revenue streams in AI and data processing.
Bears Say
Capacity ReductionThe hosting agreement for Helios is ending in December 2024, which will significantly reduce Argo's hash rate capacity.
Debt And Mining EnvironmentArgo is faced with negotiating a few issues, including balancing capital allocation in a return to growth and managing the $40M debt due.
Revenue DeclineArgo's 3Q24 revenues decreased to $7.5M from $12.4M in 2Q24, and the number of bitcoins mined also dropped from 157 to 123.

Financials

Ownership Overview

0.02%0.10%98.94%
Insiders
0.10% Other Institutional Investors
98.94% Public Companies and Individual Investors

ARBK FAQ

What was Argo Blockchain’s price range in the past 12 months?
Argo Blockchain lowest stock price was $0.15 and its highest was $1.99 in the past 12 months.
    What is Argo Blockchain’s market cap?
    Argo Blockchain’s market cap is $28.00M.
      When is Argo Blockchain’s upcoming earnings report date?
      Argo Blockchain’s upcoming earnings report date is Aug 27, 2025 which is in 75 days.
        How were Argo Blockchain’s earnings last quarter?
        Currently, no data Available
        Is Argo Blockchain overvalued?
        According to Wall Street analysts Argo Blockchain’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Argo Blockchain pay dividends?
          Argo Blockchain does not currently pay dividends.
          What is Argo Blockchain’s EPS estimate?
          Argo Blockchain’s EPS estimate for its next earnings report is not yet available.
          How many shares outstanding does Argo Blockchain have?
          Argo Blockchain has 71,725,040 shares outstanding.
            What happened to Argo Blockchain’s price movement after its last earnings report?
            Currently, no data Available
            Which hedge fund is a major shareholder of Argo Blockchain?
            Currently, no hedge funds are holding shares in ARBK

            Company Description

            Argo Blockchain

            Argo Blockchain (ARBK) is a publicly traded cryptocurrency mining company based in the United Kingdom. The company specializes in mining operations that focus primarily on Bitcoin, leveraging state-of-the-art computing infrastructure to solve complex cryptographic problems. Argo Blockchain operates data centers equipped with high-performance mining hardware in locations that offer cost-efficient electricity and optimal environmental conditions.
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