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Argo Blockchain LSE:ARB Stock Report

Last Price

UK£0.11

Market Cap

UK£64.7m

7D

-6.7%

1Y

-11.4%

Updated

25 Apr, 2024

Data

Company Financials +

Argo Blockchain plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Argo Blockchain
Historical stock prices
Current Share PriceUK£0.11
52 Week HighUK£0.36
52 Week LowUK£0.06
Beta3.15
1 Month Change-8.57%
3 Month Change-33.73%
1 Year Change-11.39%
3 Year Change-94.05%
5 Year Change244.62%
Change since IPO-10.40%

Recent News & Updates

It's Down 26% But Argo Blockchain plc (LON:ARB) Could Be Riskier Than It Looks

Mar 27
It's Down 26% But Argo Blockchain plc (LON:ARB) Could Be Riskier Than It Looks

Not Many Are Piling Into Argo Blockchain plc (LON:ARB) Stock Yet As It Plummets 44%

Feb 01
Not Many Are Piling Into Argo Blockchain plc (LON:ARB) Stock Yet As It Plummets 44%

Recent updates

It's Down 26% But Argo Blockchain plc (LON:ARB) Could Be Riskier Than It Looks

Mar 27
It's Down 26% But Argo Blockchain plc (LON:ARB) Could Be Riskier Than It Looks

Not Many Are Piling Into Argo Blockchain plc (LON:ARB) Stock Yet As It Plummets 44%

Feb 01
Not Many Are Piling Into Argo Blockchain plc (LON:ARB) Stock Yet As It Plummets 44%

A Piece Of The Puzzle Missing From Argo Blockchain plc's (LON:ARB) 74% Share Price Climb

Dec 18
A Piece Of The Puzzle Missing From Argo Blockchain plc's (LON:ARB) 74% Share Price Climb

Argo Blockchain (LON:ARB) Is Looking To Continue Growing Its Returns On Capital

Aug 11
Argo Blockchain (LON:ARB) Is Looking To Continue Growing Its Returns On Capital

Why We're Not Concerned Yet About Argo Blockchain plc's (LON:ARB) 27% Share Price Plunge

May 21
Why We're Not Concerned Yet About Argo Blockchain plc's (LON:ARB) 27% Share Price Plunge

Is Now The Time To Put Argo Blockchain (LON:ARB) On Your Watchlist?

May 10
Is Now The Time To Put Argo Blockchain (LON:ARB) On Your Watchlist?

Investors Will Want Argo Blockchain's (LON:ARB) Growth In ROCE To Persist

Mar 28
Investors Will Want Argo Blockchain's (LON:ARB) Growth In ROCE To Persist

Does Argo Blockchain (LON:ARB) Have A Healthy Balance Sheet?

Mar 01
Does Argo Blockchain (LON:ARB) Have A Healthy Balance Sheet?

Argo Blockchain (LON:ARB) Is Looking To Continue Growing Its Returns On Capital

Dec 07
Argo Blockchain (LON:ARB) Is Looking To Continue Growing Its Returns On Capital

Is Argo Blockchain (LON:ARB) Using Too Much Debt?

Nov 10
Is Argo Blockchain (LON:ARB) Using Too Much Debt?

Brokers Are Upgrading Their Views On Argo Blockchain plc (LON:ARB) With These New Forecasts

Aug 15
Brokers Are Upgrading Their Views On Argo Blockchain plc (LON:ARB) With These New Forecasts

Argo Blockchain plc Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

Aug 12
Argo Blockchain plc Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

Analysts Just Shaved Their Argo Blockchain plc (LON:ARB) Forecasts Dramatically

Jun 04
Analysts Just Shaved Their Argo Blockchain plc (LON:ARB) Forecasts Dramatically

Argo Blockchain's (LON:ARB) Earnings Are Weaker Than They Seem

May 07
Argo Blockchain's (LON:ARB) Earnings Are Weaker Than They Seem

Shareholder Returns

ARBGB SoftwareGB Market
7D-6.7%3.5%2.2%
1Y-11.4%30.1%0.9%

Return vs Industry: ARB underperformed the UK Software industry which returned 30.1% over the past year.

Return vs Market: ARB underperformed the UK Market which returned 0.9% over the past year.

Price Volatility

Is ARB's price volatile compared to industry and market?
ARB volatility
ARB Average Weekly Movement17.9%
Software Industry Average Movement5.3%
Market Average Movement4.8%
10% most volatile stocks in GB Market11.3%
10% least volatile stocks in GB Market2.7%

Stable Share Price: ARB's share price has been volatile over the past 3 months.

Volatility Over Time: ARB's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
201782Tom Chippaswww.argoblockchain.com

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 Fundamentals Summary

How do Argo Blockchain's earnings and revenue compare to its market cap?
ARB fundamental statistics
Market capUK£64.69m
Earnings (TTM)-UK£28.00m
Revenue (TTM)UK£40.40m

1.6x

P/S Ratio

-2.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARB income statement (TTM)
RevenueUS$50.56m
Cost of RevenueUS$28.80m
Gross ProfitUS$21.76m
Other ExpensesUS$56.79m
Earnings-US$35.03m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.061
Gross Margin43.03%
Net Profit Margin-69.29%
Debt/Equity Ratio39,567.7%

How did ARB perform over the long term?

See historical performance and comparison
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