Streetbeat News

ARBK

Argo Blockchain plc

https://www.argoblockchain.com

Industry

Financial - Capital Markets

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 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 headquartered in London, the United Kingdom.

Open

1.13

Mkt cap

71M

Volume

2.6M

High

1.21

P/E Ratio

-1.30

52-wk high

4.45

Low

1.02

Div yield

N/A

52-wk low

1.02

Canaccord Genuity analyst Joseph Vafi has reiterated a 'Hold' rating on Argo Blockchain (NASDAQ: ARBK) and maintained a price target of $1.45.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 9:46 am

The article lists a number of companies scheduled to report their earnings on November 14, 2023. It includes their expected quarterly results, with some companies anticipated to report profits per share and others expected to report losses. The revenues for each company are also provided, giving investors insights into the financial performance of these companies for the upcoming earnings announcements.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 1:23 pm

Argo Blockchain (NASDAQ:ARBK) reported Q3 EPS of $(0.02), surpassing the $(0.12) estimate, marking an 83.33% beat and a 50% improvement from last year's $(0.04) per share. However, sales of $10.41M fell short of the $13.28M estimate by 21.61% and were down 20.53% from $13.10M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 7:05 am

Several information technology stocks showed significant movement in Thursday's pre-market session. Expensify, Ascent Solar Technologies, Stronghold Digital Mining, AppLovin, LiveRamp Holdings, and Argo Blockchain were among the gainers, while Ebix, Rubicon Technologies, Digital Turbine, SAI.TECH Global, BILL Holdings, and Cyngn were among the losers.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 1:06 pm

Argo Blockchain reported that it mined 143 Bitcoin or Bitcoin equivalents in October, marking a 2% increase in daily BTC production from the previous month. The company's October mining revenue amounted to $4.26 million, a 19% increase compared to the prior month.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 7:42 am

Shares of several technology stocks are trading lower in sympathy with Meta Platforms.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 7:46 pm

During Thursday's intraday session, several information technology stocks experienced significant movements. Impinj (PI), Bel Fuse (BELFB), Meta Materials (MMAT), Bel Fuse (BELFA), Netgear (NTGR), and Flex (FLEX) saw their stocks rise, with Q3 earnings reports being a common factor. Conversely, BIO-key Intl (BKYI), MaxLinear (MXL), Argo Blockchain (ARBK), Borqs Technologies (BRQS), Bitdeer Technologies (BTDR), and BTCS (BTCS) saw their stocks fall, with Q3 earnings also playing a role.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 5:31 pm

In Thursday's pre-market session, several information technology stocks showed significant movement. Impinj, Bel Fuse, Powerbridge Technologies, Flex, Opera, and ServiceNow saw gains, with Impinj leading with a 20.8% increase. On the other hand, MaxLinear, BIO-key Intl, Argo Blockchain, Alpine 4 Holdings, Ascent Solar Technologies, and BTCS experienced losses, with MaxLinear leading the decline with a 22.0% decrease.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 1:05 pm

In Wednesday's pre-market session, several information technology stocks saw significant movement. Pagaya Techs, Alpine 4 Holdings, Powerbridge Technologies, Akerna, Remark Hldgs, and Mawson Infra Gr all saw their stocks rise, with Pagaya Techs leading the gainers with a 12.5% increase. On the other hand, Tempo Automation Holdings, Argo Blockchain, Rackspace Tech, Texas Instruments, Aurora Mobile, and Manhattan Associates all saw their stocks fall, with Tempo Automation Holdings leading the losers with a 9.4% decrease. Texas Instruments and Manhattan Associates both released their Q3 earnings reports yesterday.

Portfolio Pulse from Benzinga Insights

October 25, 2023 | 1:05 pm

The article lists the stocks that have gained and lost the most in Tuesday's mid-day session. Some of the top gainers include InMed Pharmaceuticals, LianBio, Ascent Solar Technologies, and Falcon's Beyond Global. On the other hand, reAlpha Tech Corp, LumiraDx Limited, INVO Bioscience, and Markforged Holding Corporation were among the biggest losers.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 6:12 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.