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The latest update is out from Argo Blockchain ( (GB:ARB) ).
Argo Blockchain plc announced the results of its adjourned annual general meeting, where most proposed resolutions were passed, including a special resolution. However, resolutions 11 and 12 did not receive the necessary majority, and there were notable votes against resolutions 3, 5, 6, 9, and 10. The company acknowledges these adverse votes and plans to consider them, promising to update the market in due course.
The most recent analyst rating on (GB:ARB) stock is a Hold with a £9.50 price target. To see the full list of analyst forecasts on Argo Blockchain stock, see the GB:ARB Stock Forecast page.
More about Argo Blockchain
Argo Blockchain plc is a dual-listed blockchain technology company focused on large-scale cryptocurrency mining. The company operates mining facilities in Quebec, Texas, and has offices in the US, Canada, and the UK. Argo is known for its sustainable operations powered by renewable energy and was the first climate positive cryptocurrency mining company, being a signatory to the Crypto Climate Accord.
Average Trading Volume: 2,836,046
Technical Sentiment Signal: Sell
Current Market Cap: £20.62M
Find detailed analytics on ARB stock on TipRanks’ Stock Analysis page.