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Argo Blockchain Plc Adr (ARBK)
:ARBK

Argo Blockchain (ARBK) Price & Analysis

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ARBK Stock Chart & Stats


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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.
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Financials

Quarterly

Ownership Overview

0.02%0.10%98.98%
Insiders
0.10% Other Institutional Investors
98.98% Public Companies and
Individual Investors

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Website Traffic

Sorry, No Data Available
There is no website visitor data available for this stock.
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ARBK FAQ

What was Argo Blockchain Plc Adr’s price range in the past 12 months?
Argo Blockchain Plc Adr lowest stock price was $0.30 and its highest was $2.48 in the past 12 months.
    What is Argo Blockchain Plc Adr’s market cap?
    Argo Blockchain Plc Adr’s market cap is $27.11M.
      When is Argo Blockchain Plc Adr’s upcoming earnings report date?
      Argo Blockchain Plc Adr’s upcoming earnings report date is Apr 24, 2025 which is in 30 days.
        How were Argo Blockchain Plc Adr’s earnings last quarter?
        Argo Blockchain Plc Adr released its earnings results on Nov 20, 2024. The company reported -$0.1 earnings per share for the quarter, beating the consensus estimate of -$0.71 by $0.61.
          Is Argo Blockchain Plc Adr overvalued?
          According to Wall Street analysts Argo Blockchain Plc Adr’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Argo Blockchain Plc Adr pay dividends?
            Argo Blockchain Plc Adr does not currently pay dividends.
            What is Argo Blockchain Plc Adr’s EPS estimate?
            Argo Blockchain Plc Adr’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Argo Blockchain Plc Adr have?
            Argo Blockchain Plc Adr has 71,725,040 shares outstanding.
              What happened to Argo Blockchain Plc Adr’s price movement after its last earnings report?
              Argo Blockchain Plc Adr reported an EPS of -$0.1 in its last earnings report, beating expectations of -$0.71. Following the earnings report the stock price went down -4.274%.
                Which hedge fund is a major shareholder of Argo Blockchain Plc Adr?
                Currently, no hedge funds are holding shares in ARBK
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                Company Description

                Argo Blockchain Plc Adr

                Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is headquartered in London, the United Kingdom.
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                ARBK Stock 12 Month Forecast

                Average Price Target

                $0.25
                ▼(-34.21% Downside)
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3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1.05,"date":1696118400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1.2,"date":1698796800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n          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                Best Analysts Covering ARBK

                1 Year
                1 Year Success Rate
                1/2 ratings generated profit
                50%
                1 Year Average Return
                +3.75%
                initiated a sell rating 3 months ago
                Copying Bill Papanastasiou's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +3.75% per trade.
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