(ARBK) Argo Blockchain - Ratings and Ratios

Argo Blockchain plc, through its subsidiaries, operates as a global cryptocurrency mining company, primarily focused on Bitcoin and other cryptocurrencies. The company utilizes purpose-built computers to solve complex cryptographic algorithms, generating revenue through mining activities. Argo Blockchain plc, formerly known as GoSun Blockchain Limited, rebranded in December 2017. Headquartered in London, the United Kingdom, the company was incorporated in 2017 and has expanded its operations to include significant mining infrastructure in North America. Argo Blockchain is known for its focus on sustainability and has emphasized the use of green energy in its operations. The company has also been actively expanding its mining capacity, with a stated goal of increasing its hashrate. Web URL: https://www.argoblockchain.com

Argo Blockchain plc is listed on the NASDAQ under the ticker symbol ARBK, classified as a common stock. The company falls under the GICS Sub Industry category of Asset Management & Custody Banks. With a market capitalization of $33.19 million USD, Argo Blockchain operates in a highly competitive and volatile sector. The company has reported a price-to-book ratio of 8.39 and a price-to-sales ratio of 0.63, indicating a premium valuation relative to its book value but a lower multiple relative to its sales. The return on equity (RoE) stands at 242.25, reflecting significant profitability relative to shareholders equity. However, the forward P/E ratio of 100.00 suggests high expectations for future earnings growth.