38.82MMarket Cap-0.68P/E (TTM)
0.677High0.590Low782.65KVolume0.647Open0.665Pre Close489.10KTurnover1.37%Turnover RatioLossP/E (Static)63.64MShares4.45052wk High-1.96P/B34.78MFloat Cap0.58252wk Low--Dividend TTM57.02MShs Float21.000Historical High--Div YieldTTM13.04%Amplitude0.360Historical Low0.624Avg Price1Lot Size
Argo Blockchain Stock Forum
Argo Blockchain PLC Announces £4.2 million Subscription by Institution
Argo Blockchain (LSE:ARB)(NASDAQ:ARBK) has secured £4.2 million through a subscription of 76,900,000 ordinary shares at 5.5 pence per share.
The funds will support strategic initiatives, including the potential relocation or sale of mining equipment from the Helios facility in Texas, maintaining Bitcoin mining operations in Quebec, and exploring diversification into high-performance computing (...
Argo Blockchain reported Q3 2024 financial results with revenue of $7.5 million, down from $10.4 million in Q3 2023. The company mined 123 BTC during the quarter (1.3 BTC per day). Mining margin decreased to 8% from 58% year-over-year. Net loss was $6.3 million, improving from $9.9 million loss in Q3 2023. The company ended Q3 with $2.5 million cash and 4 BTC, while reducing debt by $12.4 million. Post-quarter, a class action lawsuit was dismissed, and Argo entered dis...
This massive inflow has spurred discussions on its implications for market liquidity, buying power, and the potential ripple effect on Bitcoin and other cryptocurrencies
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