Argo Blockchain plc

ARB

GB00BZ15CS02

Blockchain & Cryptocurrency

Market Closed - London S.E. Other stock markets 09:05:07 17/05/2024 pm IST			5-day change	1st Jan Change
11.5 ^GBX	0.00%		+6.98%	-60.34%

03/05	Fletcher King sees materially higher full-year sales	AN
03/05	Argo Blockchain plc Reports Operating Results for the Month of April 2024	CI

Argo Blockchain plc Reports Operating Results for the Month of April 2024

May 03, 2024 at 11:30 am IST

Argo Blockchain plc reported operating results for the month of April 2024. During the month of April, the Company mined 99 Bitcoin, or 3.3 Bitcoin per day (March 2024 - 103 Bitcoin). Daily Bitcoin production in April remained the same as the prior month despite the Bitcoin halving occurring on 19 April 2024.

Latest news about Argo Blockchain plc

Fletcher King sees materially higher full-year sales	03/05	AN
Argo Blockchain plc Reports Operating Results for the Month of April 2024	03/05	CI
Argo Blockchain plc Reports Mining Revenue Results for the Month of April 2024	03/05	CI
HC Wainwright Downgrades Argo Blockchain to Neutral From Buy	26/04	MT
Transcript : Argo Blockchain plc, 2023 Earnings Call, Apr 25, 2024	25/04
Argo Blockchain narrows annual loss amid bitcoin recovery in 2023	25/04	AN
Earnings Flash (ARB.L) ARGO BLOCKCHAIN Reports FY23 Revenue $50.6M	25/04	MT
Earnings Flash (ARB.L) ARGO BLOCKCHAIN Reports FY23 Loss $-0.001	25/04	MT
Argo Blockchain PLC Reports Earnings Results for the Full Year Ended December 31, 2023	25/04	CI
ADRs End Lower, Purple Biotech Ltd. Declines 29%	17/04	DJ
Argo Blockchain ups Bitcoin mining production in March amid relocation	05/04	AN
Argo Blockchain plc Reports Operating Results for the Month of March 2024	05/04	CI
Argo Blockchain plc Reports Mining Revenue Results for the Month of March 2024	05/04	CI
ADRs End Higher; Connect Biopharma Climbs 26%	02/04	DJ
An unknown buyer completed the acquisition of Data center located in Mirabel, Quebec from Argo Blockchain plc.	31/03	CI
ADRs End Lower; NuCana Slides 15%	29/03	DJ
Argo Blockchain Concludes Sale of Data Center in Canada	28/03	MT
European Equities Traded in the US as American Depositary Receipts Decline Friday	08/03	MT
ADRs Slump, Quoin Pharmaceuticals Ltd. Declines 48.3%	06/03	DJ
EARNINGS AND TRADING: Harland & Wolff wins major Falklands contract	05/03	AN
European Equities Traded in the US as American Depositary Receipts Decline Tuesday	05/03	MT
Argo Blockchain to Sell Quebec, Canada, Data Center for $6 Million	05/03	MT
Argo Blockchain Sells Data Center for $6.1 Million, Reports Weakened February Mining Revenue	05/03	MT
Argo Blockchain plc Announces Revenue Results for the Month Ended February 2024	05/03	CI
An unknown buyer entered into an agreement to acquire Data center located in Mirabel, Quebec from Argo Blockchain plc for $6.1 million.	05/03	CI

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Company Profile

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 Companyâs 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 Companyâs subsidiaries include Argo Innovation Labs Inc., Argo Operating US LLC, and Argo Holdings US Inc.

Sector

Blockchain & Cryptocurrency

Calendar

23/05/2024 - Q1 2024 Earnings Release

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Ratings for Argo Blockchain plc

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.115 GBP

Average target price

0.119 GBP

Spread / Average Target

+3.48%

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Sector Cryptocurrency Mining

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Cryptocurrency Mining