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Argo Blockchain (ARBK)
NASDAQ:ARBK
Holding ARBK?
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ARBK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.58 - $4.45
Previous Close$0.63
Volume616.69K
Average Volume (3M)1.10M
Market Cap
$40.08M
Enterprise Value$98.88M
Total Cash (Recent Filing)£16.66M
Total Debt (Recent Filing)£62.92M
Price to Earnings (P/E)―
Beta0.64
Next Earnings
Apr 24, 2025EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.84
Shares Outstanding71,725,035
10 Day Avg. Volume932,176
30 Day Avg. Volume1,096,328
Standard Deviation0.47
R-Squared0.04
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)1.05
Price to Cash Flow (P/CF)-48.30
P/FCF Ratio5.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
Argo Blockchain News
PremiumCompany Announcements
Argo Blockchain Reports Q3 Loss Amid Strategic Shifts
PremiumCompany Announcements
Argo Blockchain Announces Q1 2024 Financial Results
PremiumCompany Announcements
Argo Blockchain Schedules 2024 AGM
PremiumCompany Announcements
Argo Blockchain Maintains Mining Amid Halving
Bulls Say, Bears Say
Bulls Say
Debt EliminationArgo made solid capital structure headway in eliminating all debt owed to Galaxy Digital.
Revenue GrowthRevenue of $16.8M, up 3% from the $16.3M reported for 4Q23, primarily on improved mining economics.
Strategic ExpansionArgo plans to transform Baie Comeau into a hub for high-performance computing services, targeting new revenue streams in AI and data processing.
Bears Say
Financial RisksArgo faces various risks including debt burden, cryptocurrency volatility, and heavy reliance on third-party partners.
Operational ChallengesThe hosting agreement for Helios is ending in December 2024, which will significantly reduce Argo's hash rate capacity.
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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Ownership Overview
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Insiders
0.02% Mutual Funds
0.08% Other Institutional Investors
98.85% 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 $0.58 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 Apr 24, 2025 which is in 123 days.
How were Argo Blockchain’s earnings last quarter?
Argo Blockchain 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 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 for its next earnings report is not yet available.
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 -$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?
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:
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Blogger Sentiment
Neutral
ARBK Sentiment 100%
Sector Average 65%
Sector Average 65%
Crowd Wisdom
Negative
Last 7 Days ▼ 3.2%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-70.74%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-64.93%
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
Earnings Call Sentiment|Neutral
The earnings call presents a cautiously optimistic outlook with a focus on financial discipline, debt reduction, and operational efficiency. Despite challenges such as reduced hash rate and post-halving economic pressures, Argo Blockchain plc emphasizes its strategic initiatives and growth mindset, particularly towards clean energy and operational flexibility.Read More>---
ARBK Stock 12 Month Forecast
Average Price Target
―Technical Analysis
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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
+11.85%
reiterated a sell rating 7 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 +11.85% per trade.
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