Argo Blockchain PLC ARB.L
GBX0.81 GBX0.25 (23.70%) 1D
Last Updated: Dec 11, 12:00 AM·LSE
ARB.L Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: July 06, 2025
Report Source: 2024 Annual Report
Argo Blockchain PLC. Stock Analysis ARB.L
United Kingdom Information Technology Nano Cap Report: Argo Blockchain Plc operates as a blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. The company mines using purpose-built computers (or mining machines) to solve complex cryptographic algorithms (or verify or solve blocks) on the blockchain in exchange for rewards and fees denominated in the native token of that blockchain network. Its mining fleet primarily consists of Bitmain Antminer S19, S19 Pro, S19J Pro, and ePIC BlockMiners, all of which utilize advanced application-specific-integrated-circuits (ASICs) designed specifically for cryptocurrency mining. Its fleet of miners is operational in its Quebec facility, with additional hosted sites in North America. Its Baie Comeau location is over 40,000 square feet and operates around 15 megawatts (MW). The Baie Comeau hydroelectric dam generates 100% renewable power. The firm's subsidiaries include Argo Innovation Labs Inc., Argo Operating US LLC, and Argo Holdings US Inc.
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Key Statistics of Argo Blockchain PLC (ARB.L)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
GBX1.06Volume
924.66KP/E Ratio (TTM)
-52 Week Range
Market Cap
1.58BAvg. Volume
6.89MDividend Yield
-Financial Metrics & Statements of Argo Blockchain PLC (ARB.L)
FAQ's for Argo Blockchain PLC (ARB.L)
- According to Musaffa’s Shariah screening methodology, Argo Blockchain PLC (ARB.L) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
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Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
