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Argo Blockchain LSE:ARB Stock Report

Last Price

UK£0.09

Market Cap

UK£57.4m

7D

5.9%

1Y

-5.5%

Updated

28 Oct, 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£0.09
52 Week HighUK£0.36
52 Week LowUK£0.075
Beta3.39
11 Month Change-3.54%
3 Month Change-21.74%
1 Year Change-5.46%
33 Year Change-93.08%
5 Year Change20.00%
Change since IPO-28.00%

Recent News & Updates

Even With A 26% Surge, Cautious Investors Are Not Rewarding Argo Blockchain plc's (LON:ARB) Performance Completely

Jul 18
Even With A 26% Surge, Cautious Investors Are Not Rewarding Argo Blockchain plc's (LON:ARB) Performance Completely

Recent updates

Even With A 26% Surge, Cautious Investors Are Not Rewarding Argo Blockchain plc's (LON:ARB) Performance Completely

Jul 18
Even With A 26% Surge, Cautious Investors Are Not Rewarding Argo Blockchain plc's (LON:ARB) Performance Completely

Here's Why Argo Blockchain (LON:ARB) Can Afford Some Debt

Jun 22
Here's Why Argo Blockchain (LON:ARB) Can Afford Some Debt

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

Shareholder Returns

ARBGB SoftwareGB Market
7D5.9%-1.9%-0.9%
1Y-5.5%6.9%11.7%

Return vs Industry: ARB underperformed the UK Software industry which returned 6.9% over the past year.

Return vs Market: ARB underperformed the UK Market which returned 11.7% over the past year.

Price Volatility

Is ARB's price volatile compared to industry and market?
ARB volatility
ARB Average Weekly Movement11.1%
Software Industry Average Movement5.3%
Market Average Movement4.7%
10% most volatile stocks in GB Market9.1%
10% least volatile stocks in GB Market2.6%

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

Volatility Over Time: ARB's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
201730Tom 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£57.40m
Earnings (TTM)-UK£37.97m
Revenue (TTM)UK£43.07m

1.3x

P/S Ratio

-1.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARB income statement (TTM)
RevenueUS$55.82m
Cost of RevenueUS$33.22m
Gross ProfitUS$22.60m
Other ExpensesUS$71.81m
Earnings-US$49.20m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.077
Gross Margin40.49%
Net Profit Margin-88.15%
Debt/Equity Ratio-221.8%

How did ARB perform over the long term?

See historical performance and comparison