SmokyStock
1 year ago
On Tuesday, June 6, before the market opens, Argo Blockchain ($ARBKF) will release its most recent quarterly earnings information. Analysts anticipate the company to report quarterly earnings of ($0.08) per share.
(3.3% Gain in Argo Blockchain Stock)
On Friday, shares of Argo Blockchain stock opened at $1.27. Debt to equity for the company is 4.67, current ratio is 1.13, and quick ratio is also 1.13. The company's fifty-day and two-hundred-day simple moving averages are $1.39 and $1.35, respectively. The 12-month low and 12-month high of Argo Blockchain are $0.36 and $6.95, respectively.
Belgianshareholder
3 years ago
Argo Blockchain PLC Expansion of mining capacity
Source: UK Regulatory (RNS & others)
TIDMARB
RNS Number : 4636N
Argo Blockchain PLC
30 September 2021
Press release
30 September 2021
Argo Blockchain PLC
("Argo" or "the Company")
Expansion of mining capacity
Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK), is pleased to announce that it has executed a purchase agreement for 20,000 Bitmain Antminer S19J Pro machines, to be paid in periodic installments before final shipment. The initial deposit is currently being funded by the Company's cash reserves. The machines are expected to increase Argo's hashrate by over 2 Exahash and are expected to be delivered and installed at the Company's future Texas facility in monthly batches from Q2 2022 through Q3 2022. Based on existing capacity and previous orders, Argo's mining capacity is expected to be 1.7 Exahash by mid-Q4 2021. This expansion will bring the Company's total mining capacity to 3.7 Exahash by the end of Q3 2022. The Company is pleased to continue and strengthen its longstanding relationship with Bitmain.
This announcement contains inside information and forward looking statements, including with respect to delivery schedules and future hashrate. Actual results could differ from those described herein for a variety of reasons, including unanticipated delays in machine delivery due to component supply shortages or other reasons, or disruptions to the Company's current mining fleet that could reduce future hashrate. For a more complete discussion of factors that could cause our actual results to differ from those described in this announcement, please refer to the filings that Company makes from time to time with the FCA and the United States Securities and Exchange Commission, including the section entitled "Risk Factors" in the Company's Registration Statement on Form F-1.
kairos
3 years ago
Argo Announces Launch of Initial Public Offering
https://finance.yahoo.com/news/argo-announces-launch-initial-public-155700964.html
LONDON, September 14, 2021--(BUSINESS WIRE)--Argo Blockchain Plc (LSE: ARB; OTCQX: ARBKF), ("Argo" or the "Company"), a global leader in sustainable blockchain infrastructure and cryptocurrency mining, today announced that it has commenced an initial public offering of 7,500,000 American Depositary Shares ("ADSs"), representing an aggregate of 75,000,000 ordinary shares. Each ADS represents 10 ordinary shares of Argo Blockchain. The last closing price of Argo Blockchain's ordinary shares on the London Stock Exchange Main Market was $1.848 on September 10, 2021. The ADSs are being offered in a registered public offering in the United States (the "Offering"). Argo Blockchain has applied to list the ADSs on the Nasdaq Global Market under the ticker symbol "ARBK."
Jefferies and Barclays are acting as the lead book-running managers for the Offering. Canaccord Genuity and Stifel GMP are acting as co-lead-managers for the Offering. Compass Point, D.A. Davidson & Co., Ladenburg Thalmann, Roth Capital Partners, finnCap Ltd, and Tennyson Securities are acting as co-managers for the Offering.
The Offering is being made only by means of a prospectus filed with the U.S. Securities and Exchange Commission (the "SEC"). When available, copies of the prospectus relating to and describing the terms of the proposed Offering may be obtained from any of the following sources:
Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, by telephone at (877) 821-7388 or by email at Prospectus_Department@Jefferies.com, or
Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1-888-603-5847, or by email at barclaysprospectus@broadridge.com.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state or jurisdiction.
The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
This announcement contains inside information.
About Argo
Argo Blockchain plc is a global leader in cryptocurrency mining with one of the largest and most efficient operations powered by clean energy. The Company is headquartered in London, UK and its shares are listed on the Main Market of the London Stock Exchange under the ticker: ARB and on the OTCQX Best Market in the United States under the ticker: ARBKF.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210914005886/en/
Contacts
Carissa Felger/Genevieve Pirrong
Gasthalter & Co.
(212) 257-4170
Business Wire
Argo Blockchain Provides August Operational Update
September 3, 2021
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