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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: 10.75
Bid: 10.50
Ask: 11.00
Change: -0.25 (-2.27%)
Spread: 0.50 (4.762%)
Open: 10.50
High: 11.00
Low: 10.04
Prev. Close: 11.00
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TRADING UPDATES: Alternative Income profit up; BiVictrix loss widens

Mon, 07th Mar 2022 19:26

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

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Alternative Income REIT PLC - London-based real estate investment company - As at December 31, net asset value per share rises 6.7% year-on-year to 90.38 pence from 84.68p, despite dip in property portfolio value of GBP107.7 million across 18 properties from GBP108.5 million across 19. For the six month period, pretax profit more than doubles to GBP6.2 million from GBP3.0 million, while net rental income edged upwards to GBP3.7 million from GBP3.5 million. Increases dividend per share by 16% to 2.60 pence from 2.25p a year prior.

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Downing Renewables & Infrastructure Trust PLC - investor in solar parks, wind farms and hydroelectric plants - As at December 31, net asset value per share at 103.5 pence, up from 98.0p at October 8, 2020, which is the company's incorporation. Portfolio generation stands at 195 gigawatt-hours, 4.7% above expectations, from a portfolio made up of 3,234 operating assets.

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BiVictriX Therapeutics PLC - Cheshire, England-based biotechnology company - For 2021, pretax loss widens to GBP2.5 million from GBP509,000, due to higher R&D, and administration costs, as the company continues to work on its lead programme, BVX001. As at December 31, holds a cash position of GBP6.1 million from GBP862,000 the prior year.

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Argo Blockchain PLC - London-based cryptocurrency miner - For February, mines 135 bitcoin, down from 172 BTC in January due to record high global hashrate and an increase in network difficulty. In addition, the company's facilities in Mirabel and Baie Comeau, Canada were subject to significant curtailment due to cold winter conditions. As a result, mining revenue drops 21% to GBP4.2 million from GBP5.3 million.

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Gore Street Energy Storage Fund PLC - London-based fund investing in energy storage assets - As at December 31, net asset value per share is 103.9 pence, up from 103.3p at the end of September 30, due to a strong performance from the company's assets in the UK and Ireland.

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Touchstone Exploration Inc - Calgary, Canada-based upstream oil and gas company - 3P gross reserves end 2021 at 121.3 million barrels of crude oil equivalent, up 21% from year prior, while 2P gross reserves increase by 16% to 75.5 million barrels of crude oil equivalent and 1P gross reserves increase by 13% to 38.7 million barrels of crude oil equivalent. Chief Executive Paul Baay says: "Our 2021 independent reserves evaluation confirms the significant opportunities at our Ortoire property and the profitability of all of our assets in Trinidad.

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TransGlobe Energy Corp - Calgary, Canada-based oil exploration and production company - For 2021, proved, developed and producing gross reserves increase 30% to 19.9 million barrels of oil equivalent, compared to 15.3 million barrels in 2020. Net present value of future revenue more than doubles to USD423 million from USD198 million.

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Maven Income & Growth VCT 3 PLC - UK-based venture capital trust - As at November 30, net asset value per share rises to 62.55 pence from 56.27p. Declares final dividend of 1.50 pence per share for the year, bringing the total payout to 4.75p

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East Star Resources PLC - Kazakhstan-focused gold and copper explorer - Following the completion of processing of 481 square kilometres of close spaced drone magnetic flown in September over the Dalny licence, identifies 11 target areas prospective for gold mineralisation along prospective sections of the first order. Zhenis gold target with geochemical and induced polarisation anomalies is now structurally interpreted as a 9 kilometre long and up to 900 metre wide area of structural complexity.

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Mosman Oil & Gas Ltd - Sydney-based oil and gas company - Announces initial production from the Winters-2 well in East Texas, with a flow rate of 545,000 cubic feet per day, around 105 barrels of oil equivalent.

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Zephyr Energy PLC - London-based oil and gas investment company - Although consulting firm Sproule International is continuing its work on the Competent Persons Report for the Paradox Basin in Utah, several factors including the CPR's scope and increased activity in the North American oil & gas sector has led to a short delay in the report's completion.

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Oracle Power PLC - London-based power and natural resource project developer with projects focused in Pakistan - Completes maiden drill programme at its Jundee East gold project in Australia, which had the objective of confirming the presence of an unrecognised greenstone belt. The first pass reverse circulation programme consists of 54 holes to a maximum depth of 153 metres for a total of 3,830m. Diamond drilling to start at the Northern Zone to improve the company's understanding of the extent of the project.

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Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company - Confirms that a heritage clearance survey has been confirmed for March 28 to April 2 at Red Setter and Cottesloe projects. which is for reverse circulation drilling over the seven geophysical targets.

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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3 May 2024 16:48

TRADING UPDATES: Fletcher King sees materially higher full-year sales

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

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25 Apr 2024 12:47

Argo Blockchain narrows annual loss amid bitcoin recovery in 2023

(Alliance News) - Argo Blockchain PLC on Thursday said the company strengthened its financial position last year, thanks to cost cutting and a rally in the price of bitcoin.

Read more
18 Apr 2024 14:17

UK earnings, trading statements calendar - next 7 days

Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
Mobico Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
Tuesday 23 April 
Alliance Pharma PLCFull Year Results
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Maintel Holdings PLCFull Year Results
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
Thursday 25 April 
Aquila European Renewables PLCFull Year Results
Argo Blockchain PLCFull Year Results
AstraZeneca PLCQ1 Results
Barclays PLCQ1 Results
Checkit PLCFull Year Results
Coca-Cola Europacific Partners PLCTrading Statement
Destiny Pharma PLCFull Year Results
Hikma Pharmaceuticals PLCTrading Statement
Focusrite PLCHalf Year Results
Ibstock PLCTrading Statement
Inchcape PLCTrading Statement
J Sainsbury PLCFull Year Results
London Stock Exchange Group PLCQ1 Results
Persimmon PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
PureTech Health PLCFull Year Results
Relx PLCTrading Statement
Renewi PLCTrading Statement
Schroders PLCQ1 Results
Skillcast Group PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
Unilever PLCQ1 Results
WAG Payment Solutions PLCTrading Statement
Weir Group PLCTrading Statement
WH Smith PLCHalf Year Results
WPP PLCTrading Statement
Zinc Media Group PLCFull Year Results
  
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.

Read more
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.

Read more
8 Jan 2024 12:39

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.

Read more
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".

Read more
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.

Read more
14 Nov 2023 14:21

TRADING UPDATES: Byotrol interim sales flat; Argo loss narrows

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

Read more
3 Nov 2023 09:59

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.

Read more
5 Oct 2023 11:09

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.

Read more
8 Sep 2023 13:56

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.

Read more
29 Aug 2023 10:10

Argo Blockchain reduces debt but Bitcoin decline hits revenue

(Alliance News) - Argo Blockchain PLC on Tuesday said it reduced its debt during the first half year as its interim loss narrowed, but that various cryptocurrency headwinds caused revenue to fall.

Read more

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