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Argo Blockchain ( (GB:ARB) ) has provided an update.
Argo Blockchain has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as its American Depositary Shares have fallen below $1.00 for 30 consecutive business days. The company has until July 15, 2025, to rectify this issue without affecting its operations or its listing on the London Stock Exchange, and it plans to monitor the situation and evaluate options to regain compliance.
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’s operations are predominantly powered by renewable energy, and it is a signatory to the Crypto Climate Accord.
YTD Price Performance: -13.33%
Average Trading Volume: 114,294
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $39.69M
For a thorough assessment of ARB stock, go to TipRanks’ Stock Analysis page.
