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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: 12.00
Bid: 11.50
Ask: 12.50
Change: 0.80 (7.14%)
Spread: 1.00 (8.696%)
Open: 11.50
High: 12.00
Low: 11.50
Prev. Close: 11.20
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TRADING UPDATES: Ethernity secures components to fulfil orders

Tue, 06th Jun 2023 14:07

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

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Ethernity Networks Ltd - Israel-based supplier of data processing semiconductor technology for networking appliances - Secures supply of components needed to fulfil contracted orders and deliveries as per the contracts signed for the current year. Development follows discussions with field programmable gate arrays supplier. "The secured supply of components will enable the company to generate revenues of USD3.3 million in the current financial year, which equals almost 80% of the pipeline from these contracts in the current financial year," company says. "Ethernity plans to continue working with new customers and with the existing customer to secure and deliver beyond this amount for the current financial year."

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Billington Holdings PLC - Barnsley, England-based company focused on structural steel and engineering - Says 2023 starts "positively", with company trading in line with market expectations. Non-Executive Chair Ian Lawson says: "Despite the continuing macroeconomic headwinds, the opportunities the group are seeing in its targeted sectors remain buoyant, providing optimism for the later part of 2023 and into 2024. We have a robust business with significant momentum and I remain confident in the group's prospects for the medium and long term."

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Property Franchise Group PLC - Bournemouth, Dorset-based lettings and estate agency franchising - Revenue in first four months of 2023 unchanged year-on-year. "Whilst the broader market remains uncertain, the board expects this to present opportunities that the group's robust balance sheet will allow it to explore. Overall, the board continues to remain confident in achieving expectations for the full financial year," Non-Executive Chair Paul Latham says.

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Great Southern Copper PLC - Chile-focused copper-gold exploration company - Begins high-resolution aeromagnetic surveys at Especularita project in Chile. "The company plans to complete two magnetic surveys covering each of its Teresita and Victoria prospects where recent exploration has identified outcropping high-grade [copper-gold] mineralisation," Great Southern says. "The company anticipates that the survey will be completed within three-to-four weeks. Additional processing and interpretation of the data by ExploreGeo of Perth, Australia, is estimated to be completed within a further four-to-six weeks subject to availability of consultants." Expects zones of potential mineralisation to be visible in study. Data will be used to "support our drill targeting for the scout drilling programmes planned for later in the year", Chief Executive Officer Sam Garrett says.

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Argo Blockchain PLC - London-based cryptocurrency miner - Reports revenue of USD11.4 million in first-quarter of 2023, down 41% from USD19.5 million a year prior. Swings to pretax loss of USD8.7 million from profit of USD1.9 million

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Schroders Capital Global Innovation Trust PLC - focused on a diversified portfolio of global private and public equity companies - Announces a USD1.7 million investment in Carmot Therapeutics Inc as part of its series E financing round. Carmot is a US-based clinical stage biopharmaceutical firm focused on disease-modifying therapies for metabolic diseases. Utilising a pioneering drug discovery platform called Chemotype Evolution, Carmot identifies novel drug targets and develops a broad pipeline of experimental therapeutics with the aim of treating patients suffering from metabolic diseases, including obesity and diabetes," Schroder Capital explains.

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Macaulay Capital PLC - investment company - Raises GBP940,000 to be invested in Kelda Showers Ltd. Kelda is developer of water and energy-saving solution to the shower market.

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By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
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.

Read more
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:

Read more
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.

Read more
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
4 Aug 2023 09:30

Argo Blockchain hails hashrate capacity while mining falls in July

(Alliance News) - Argo Blockchain PLC on Friday celebrated a return to growth in its total hashrate capacity in July, despite mining less bitcoin compared to June.

Read more

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