Argo Blockchain/ARBK

$1.38

-8%
-
1D1W1MYTD1YMAX

About Argo Blockchain

Argo Blockchain plc is a United Kingdom-based blockchain technology company. The Company is focused on cryptocurrency mining. It has mining operations in Quebec and Texas. The principal activity of the Company is bitcoin mining. The Company has mining facilities in Quebec, mining operations in Texas, and offices in the United States, Canada, and the United Kingdom. Its global, sustainable operations are predominantly powered by renewable energy. The Company’s crypto mining Baie Comeau location is over 40,000 square feet and operates around 15 megawatts (MW). The Baie Comeau hydroelectric dam generates 100% renewable power. The Company’s subsidiaries include Argo Innovation Labs Inc., Argo Operating US LLC, and Argo Holdings US Inc.

Ticker

ARBK

Sector

Technology

Trading on

NASDAQ

Industry

Computer Services

CEO

Thomas Chippas

Employees

30

Headquarters

London, United Kingdom

Argo Blockchain Metrics

BasicAdvanced
$84M
Market cap
-
P/E ratio
-$0.69
EPS
-
Beta
-
Dividend rate
$84M
$4.45
$0.92
500K
0.541
30,504.43
39,567.72
-1.19%
-37.56%
-502.2%
-52.06%
1.654
509.776
20.8
27.65%

What the Analysts think about Argo Blockchain

Analyst Ratings

Majority rating from 4 analysts.
Hold

Price Targets

Average projection from 2 analysts.
52.17% upside
High $3.00
Low $1.20
$1.38
Current price
$2.10
Average price target

Argo Blockchain Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-54.65% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$16M
54.81%
Net income
-$8.8M
-10.2%
Profit margin
-54.65%
-42%

Argo Blockchain Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 85.71%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.18
-$0.03
-$0.02
-
-
Expected
-$0.18
-$0.29
-$0.14
$1.65
$0.00
Surprise
-2.51%
-89.5%
-85.71%
-
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
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FAQs

What’s the current market cap for Argo Blockchain stock?

Argo Blockchain (ARBK) has a market cap of $84M as of May 18, 2024.

What is the P/E ratio for Argo Blockchain stock?

The price to earnings (P/E) ratio for Argo Blockchain (ARBK) stock is 0 as of May 18, 2024.

Does Argo Blockchain stock pay dividends?

No, Argo Blockchain (ARBK) stock does not pay dividends to its shareholders as of May 18, 2024.

When is the next Argo Blockchain dividend payment date?

Argo Blockchain (ARBK) stock does not pay dividends to its shareholders.

What is the beta indicator for Argo Blockchain?

Argo Blockchain (ARBK) does not currently have a Beta indicator.

What is the Argo Blockchain stock price target?

The target price for Argo Blockchain (ARBK) stock is $2.1, which is 45.83% above the current price of $1.44. This is an average based on projections from 2 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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