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Pin to quick picksArgo Blockchai. Share News (ARB)

Share Price Information for Argo Blockchai. (ARB)

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Share Price: 11.00
Bid: 10.50
Ask: 11.50
Change: -0.25 (-2.22%)
Spread: 1.00 (9.524%)
Open: 11.25
High: 11.25
Low: 11.00
Prev. Close: 11.25
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SMALL-CAP WINNERS & LOSERS: Card Factory rises on improved trading

Mon, 08th Nov 2021 11:03

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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SMALL-CAP - WINNERS

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Card Factory PLC, up 8.4% at 53.20 pence, 12-month range 30.10p-97.83p. The gifts and greeting card retailer says store sales have recovered almost back to pre-pandemic levels, while online sales remain ahead of where they were two years ago. Like-for-like sales in the three months that ended October 31 were 3.0% below two years ago, before the Covid-19 pandemic. Average basket value over the quarter was up 23% compared to the same quarter in 2019, offsetting a 21% decline in transaction numbers. Card Factory says its online store are trading in line with expectations and ahead of pre-pandemic levels. "We continue to see improved performance of the business as customers steadily return to shopping in stores. This gives us confidence as we engage to realise the refreshed strategy and build our omnichannel offering," Chief Executive Officer Darcy Willson-Rymer says.

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Argo Blockchain PLC, up 5.1% at 129.50p, 12-month range 7.30p-339.81p. The cryptocurrency miner was tracking the price of bitcoin higher. The world's oldest cryptocurrency stood at USD66,425 on Monday morning, edging closer to the USD67,016 record high set in mid-October.

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Petrofac Ltd, up 2.3% at 133.48p, 12-month range 90.66p-203.34p. The oilfield services firm wins USD96 million contract from Malaysian oil and gas company Petronas to build a new onshore gas plant in the Malaysian state of Sarawak.

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SMALL-CAP - LOSERS

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Go-Ahead Group PLC, down 2.9% at 792.00p, 12-month range 581.00p-1,463.00p. The transport operator says passenger volumes have increased over the first four months of its new financial year, which started July 4, has seen slight slowing in the recovery of the Regional Bus unit in recent weeks in line with the rest of the industry. Says there remains some uncertainty as to the speed and extent of recovery in the current year which, assuming the Bus Recovery Grant ceases in March 2022, could hurt the full year performance of the Regional Bus division. Turning to rail, Go-Ahead says its GTR unit was performing well, while its German rail improvement plans in Baden-Wurttemberg progressing "as expected". Norwegian passenger volumes remain suppressed at roughly 60% of expected levels.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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5 Apr 2024 10:54

Argo Blockchain ups Bitcoin mining production in March amid relocation

(Alliance News) - Argo Blockchain PLC on Friday said it mined more Bitcoin in March than a month earlier, despite network difficulties.

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5 Mar 2024 17:09

EARNINGS AND TRADING: Harland & Wolff wins major Falklands contract

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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5 Feb 2024 09:18

Argo Blockchain shares drop on Bitcoin production falling in January

(Alliance News) - Argo Blockchain PLC on Monday said Bitcoin production fell in January, blaming a fall in hashprice and weather affecting its facilities.

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IN BRIEF: Cellular Goods interim CEO Darcy Taylor resigns on Monday

Cellular Goods PLC - London-based cannabinoid skincare manufacturer and carbon sequestration service developer - Announces resignation of Darcy Taylor from position as chair and interim chief executive officer. Appoints Michael Edwards as executive director with immediate effect. Edwards has over 20 years of technology investment experience, and was co-founder of the Argo Blockchain PLC and NFT Investments PLC digital asset companies.

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8 Jan 2024 08:43

Argo Blockchain raises GBP7.8 million in placing; December revenue up

(Alliance News) - Argo Blockchain PLC on Monday said that funds raised through the share placing would be used to repay debts, after closing out 2023 with a "strong performance".

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4 Dec 2023 10:50

Argo Blockchain mining revenue up in November as mines more bitcoin

(Alliance News) - Argo Blockchain PLC on Monday reported an increase in bitcoin mined as well as revenue growth.

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27 Nov 2023 12:54

IN BRIEF: Argo Blockchain hires former CBOE Digital chief to be CEO

Argo Blockchain PLC - London-based cryptocurrency miner - Hires Thomas Chippas as chief executive officer and board member, starting immediately. New York-based Chippas most recently was CEO of CBOE Digital, a crypto trading and clearing firm that is part of Cboe Global Markets Group. He also was CEO of Citadel Technology LLC and worked at financial firms Citigroup Inc, Barclays PLC and Deutsche Bank AG. "The pace of innovation in the bitcoin mining industry continues to increase as miners seek ever greater efficiency and capacity in preparation for the bitcoin halving and beyond," Chippas says.

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TRADING UPDATES: Byotrol interim sales flat; Argo loss narrows

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IN BRIEF: Argo Blockchain mines more bitcoin in October than September

Argo Blockchain PLC - London-headquartered cryptocurrency mining company - Mines 143 Bitcoin or Bitcoin equivalents, or 4.6 Bitcoins per day, in October. This compares to mining 136 Bitcoin or Bitcoin equivalents or 4.5 Bitcoins per day in September. Says daily production up 2% in October from September, despite a 7% increase in the monthly average network difficulty in October to September. Says this is primarily due to fewer hours of economic curtailment at Helios in October. October mining revenue is USD4.3 million, up 19% from USD3.6 million in September.

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Argo Blockchain mines more bitcoin in September on power credits

(Alliance News) - Argo Blockchain PLC on Thursday reported an increase in bitcoin mined during September, which it attributed to significant power credits from economic curtailment.

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Argo Blockchain mines less bitcoin in August on economic curtailment

(Alliance News) - Argo Blockchain PLC on Friday reported a reduction in bitcoin mined during August, which it attributed to economic curtailment at its mine in Texas.

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