US Stock MarketDetailed Quotes
ARBK Argo Blockchain
- 1.170
- +0.050+4.46%
Close Nov 22 16:00 ET
- 1.110
- -0.060-5.13%
Post 19:57 ET
74.45MMarket Cap-1300P/E (TTM)
1.200High1.110Low1.56MVolume1.120Open1.120Pre Close1.82MTurnover2.72%Turnover RatioLossP/E (Static)63.64MShares4.45052wk High-3.76P/B66.99MFloat Cap1.02052wk Low--Dividend TTM57.25MShs Float21.000Historical High--Div YieldTTM8.04%Amplitude0.360Historical Low1.167Avg Price1Lot Size
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Argo Blockchain Stock Forum
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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