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Argo Blockchain (ARBK)
NASDAQ:ARBK
Holding ARBK?
Track your performance easily
ARBK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.94 - $4.45
Previous Close$1.18
Volume226.06K
Average Volume (3M)467.20K
Market Cap
$82.05M
Enterprise Value$138.25M
Total Cash (Recent Filing)£16.66M
Total Debt (Recent Filing)£62.92M
Price to Earnings (P/E)―
Beta1.68
Next Earnings
Oct 28, 2024EPS Estimate
-$0.75Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.92
Shares Outstanding636,350,000
10 Day Avg. Volume213,914
30 Day Avg. Volume467,198
Standard Deviation0.49
R-Squared0.04
Alpha-0.00990
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)1.32
Price to Cash Flow (P/CF)-60.90
P/FCF Ratio6.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1.20Price Target Upside-4.00% Downside
Rating ConsensusHold
Number of Analyst Covering2
Argo Blockchain News
PremiumCompany Announcements
Argo Blockchain Announces Q1 2024 Financial Results
PremiumCompany Announcements
Argo Blockchain Schedules 2024 AGM
PremiumCompany Announcements
Argo Blockchain Maintains Mining Amid Halving
PremiumCompany Announcements
Argo Blockchain Reveals Improved 2023 Financials
PremiumCompany Announcements
Argo Blockchain to Present FY 2023 ResultsBulls Say, Bears Say
Bulls Say
Capital StructureArgo made solid capital structure headway in eliminating all debt owed to Galaxy Digital.
Expansion OpportunitiesHighlighting options to expand its Baie Comeau, Québec, owned and operated site, presenting investors that glimmer of hope in sales escalation.
RevenueRevenue of $16.8M, up 3% from the $16.3M reported for 4Q23, primarily on improved mining economics.
Bears Say
Debt ManagementArgo is faced with negotiating a few issues, including balancing capital allocation in a return to growth and managing the $40M debt due.
Fleet ObsolescenceArgo is faced with a gamut of difficult decisions as network hash rate tempo climbs and its fleet faces obsolescence.
Revenue DeclineRevenue of $12.4M, down 26% from 1Q24's $16.8M, on the difficult combination of post-halving block awards and sour mining economics.
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Ownership Overview
0.00%
Insiders
0.02% Mutual Funds
3.48% Other Institutional Investors
96.50% 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 AvailableThere is no website visitor data available for this stock.
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ARBK FAQ
What was Argo Blockchain’s price range in the past 12 months?
Argo Blockchain lowest stock price was $0.94 and its highest was $4.45 in the past 12 months.
What is Argo Blockchain’s market cap?
Currently, no data Available
When is Argo Blockchain’s upcoming earnings report date?
Argo Blockchain’s upcoming earnings report date is Oct 28, 2024 which is in 38 days.
How were Argo Blockchain’s earnings last quarter?
Argo Blockchain released its earnings results on Aug 28, 2024. The company reported -$2.576 earnings per share for the quarter, missing the consensus estimate of -$0.08 by -$2.496.
Is Argo Blockchain overvalued?
According to Wall Street analysts Argo Blockchain’s price is currently Overvalued.
Does Argo Blockchain pay dividends?
Argo Blockchain does not currently pay dividends.
What is Argo Blockchain’s EPS estimate?
Argo Blockchain’s EPS estimate is -$0.75.
How many shares outstanding does Argo Blockchain have?
Argo Blockchain has 63,782,090 shares outstanding.
What happened to Argo Blockchain’s price movement after its last earnings report?
Argo Blockchain reported an EPS of -$2.576 in its last earnings report, missing expectations of -$0.08. Following the earnings report the stock price went down -6.667%.
Which hedge fund is a major shareholder of Argo Blockchain?
Among the largest hedge funds holding Argo Blockchain’s share is Woodline Partners LP. It holds Argo Blockchain’s shares valued at N/A.
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Argo Blockchain Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$1.20 (-4.00% Downside)
$1.20 (-4.00% Downside)
Blogger Sentiment
Neutral
ARBK Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 40.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.27%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-62.48%
Trailing 12-Months
Company Description
Argo Blockchain
Argo Blockchain PLC is a cloud-based crypto mining company. The company's service provides access to mining rigs, which perform the complex crypto-mining operations for its users and then directly deposit all coins mined into users' digital wallets.
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ARBK Company Deck
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ARBK Earnings Call
Q3 2023
0:00 / 0:00
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ARBK Stock 12 Month Forecast
Average Price Target
$1.20
▼(-4.00% Downside)
Technical Analysis
HIVE Digital Technologies
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Riot Platforms
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Marathon Digital Holdings
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Stronghold Digital Mining
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Best Analysts Covering ARBK
1 Year
1 Year Success Rate
1/2 ratings generated profit
1 Year Average Return
-9.10%
reiterated a sell rating 4 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 -9.10% per trade.
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