Argo Blockchain plc (ARBK)

Market Cap	66.90M
Revenue (ttm)	55.82M
Net Income (ttm)	-49.20M
Shares Out	578.40M
EPS (ttm)	-0.09
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,133,761
Open	1.160
Previous Close	1.170
Day's Range	1.090 - 1.190
52-Week Range	1.040 - 4.450
Beta	3.39
Analysts	Hold
Price Target	1.45 (+29.46%)
Earnings Date	Nov 20, 2024

About ARBK

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is based in London, the United Kingdom.

• Industry: Capital Markets
• Sector: Financials
• IPO Date: Sep 23, 2021
• Employees: 30
• Stock Exchange: NASDAQ
• Ticker Symbol: ARBK
• Website: https://www.argoblockchain.com

Financial Performance

In 2023, Argo Blockchain's revenue was $50.56 million, a decrease of -13.70% compared to the previous year's $58.58 million. Losses were -$35.03 million, -84.70% less than in 2022.

Analyst Forecast

According to 2 analysts, the average rating for ARBK stock is "Hold." The 12-month stock price forecast is $1.45, which is an increase of 29.46% from the latest price.

Price Target

$1.45

(29.46% upside)

Analyst Consensus: Hold