|Bid||47.00 x 0|
|Ask||49.00 x 0|
|Day's Range||46.00 - 50.00|
|52 Week Range||28.44 - 202.00|
|Beta (5Y Monthly)||3.07|
|PE Ratio (TTM)||9.74|
|Earnings Date||Nov 01, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||214.93|
Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for July 2022.
The Federal Reserve raised rates this week, by another 0.75%, toughening up its anti-inflationary stance. At the same time, Fed chair Jerome Powell indicated that the central bank may slow its pace on rate hikes, which gives some hope for a ‘soft landing,’ that may curb inflation while avoiding a deep recession. Markets rallied strongly in response to the Fed news. The rally has made its way to cryptos, too, which have been tracking US stocks closely this summer. In particular, the largest crypt
It is hard to get excited after looking at Argo Blockchain's (LON:ARB) recent performance, when its stock has declined...