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Argo Blockchain (ARBK)
NASDAQ:ARBK
Argo Blockchain (ARBK) Stock Price & Analysis
330 Followers
ARBK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.94 - $4.45
Previous Close$1.67
Volume1.63M
Average Volume (3M)325.38K
Market Cap
$75.04M
Enterprise Value$135.03M
Total Cash (Recent Filing)£16.66M
Total Debt (Recent Filing)£62.92M
Price to Earnings (P/E)―
Beta1.81
Next Earnings
Sep 17, 2024EPS Estimate
-$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.57
Shares Outstanding57,777,079
10 Day Avg. Volume462,406
30 Day Avg. Volume325,384
Standard Deviation0.52
R-Squared0.04
Alpha-0.00572
Financial Highlights & Ratios
Price to Book (P/B)-12.26
Price to Sales (P/S)2.99
Price to Cash Flow (P/CF)-49.40
P/FCF Ratio5.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1.07Price Target Upside-29.14% Downside
Rating ConsensusHold
Number of Analyst Covering4
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 Results
PremiumCompany Announcements
Argo Blockchain Achieves Increased Mining RevenueBulls Say, Bears Say
Bulls Say
Financial PerformanceArgo generated $3.8M in adjusted EBITDA in March, showing financial improvement from the previous year.
Market TrendsBitcoin's historical post-halving price trends could potentially benefit Argo if the pattern continues.
Revenue GrowthArgo Blockchain's revenue increased to $16.8M, up 3% from the previous quarter, due to improved mining economics.
Bears Say
DebtThe company's significant debt overhang remains a persistent issue.
Mining EquipmentArgo faces challenges with its mining equipment becoming obsolete as the network hash rate increases.
RevenueArgo Blockchain's revenue has decreased, reflecting added competition for bitcoin block awards.
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Ownership Overview
0.00%
Insiders
0.02% Mutual Funds
3.04% Other Institutional Investors
96.93% 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 Sep 17, 2024 which is in 61 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.
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 -$0.08.
How many shares outstanding does Argo Blockchain have?
Argo Blockchain has 57,839,767 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?
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:
$1.07 (-29.14% Downside)
$1.07 (-29.14% Downside)
Blogger Sentiment
Neutral
ARBK Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 40.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-19.12%
12-Months-Change
Fundamentals
Return on Equity
-446.50%
Trailing 12-Months
Asset Growth
-28.61%
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
$1.07
▼(-29.14% Downside)
Technical Analysis
HIVE Blockchain Technologies
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Riot Platforms
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Marathon Digital Holdings
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Bit Digital
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Best Analysts Covering ARBK
1 Year
1 Year Success Rate
1/2 ratings generated profit
1 Year Average Return
-14.95%
reiterated a sell rating 2 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 -14.95% per trade.
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