Comstock (LODE) Stock Price, News & Analysis

Company Overview

Comstock Inc. engages in the systemic decarbonization business in Nevada and internationally. It operates through Renewable Energy, Mining, and Strategic and Other Investments segments. It will develop technology for the deploying of extraction and refining facilities that convert wasted and unused biomass and other natural resources; and a demonstration system to extract black mass containing lithium, graphite, nickel, cobalt, manganese, copper, aluminum, and other metals from up to lithium-ion batteries. The company also owns the Lucerne Project located in the Storey County, Nevada; and the Spring Valley Project situated in the Lyon County, Nevada. In addition, it offers upstream and downstream design, engineering, fabrication, procurement, and construction solutions; and invests in non-mining real estate investments. The company was incorporated in 2008 and is based in Virginia City, Nevada.

Key Stats

• Today's Range: $0.40 to $0.45
• 50-Day Range: $0.14 to $0.61
• 52-Week Range: $0.13 to $0.72
• Volume: 3.67 million shs
• Average Volume: 3.24 million shs
• Market Capitalization: $57.07 million
• P/E Ratio: 5.90
• Dividend Yield: N/A
• Price Target: $2.60
• Consensus Rating: Buy

Comstock Stock Analysis - MarketRank™

Comstock scored higher than 71% of companies evaluated by MarketBeat, and ranked 84th out of 194 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Comstock has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Comstock has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Comstock are expected to grow in the coming year, from ($0.17) to ($0.11) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Comstock is 5.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of Comstock is 5.90, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 120.46.

Price to Book Value per Share Ratio

Comstock has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LODE.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Comstock does not currently pay a dividend.

Dividend Growth

Comstock does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LODE.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.41

News Sentiment

Comstock has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Comstock this week, compared to 2 articles on an average week.

Search Interest

Only 10 people have searched for LODE on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

MarketBeat Follows

12 people have added Comstock to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Comstock insiders have bought more of their company's stock than they have sold. Specifically, they have bought $30,000.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 8.50% of the stock of Comstock is held by insiders.

Percentage Held by Institutions

Only 7.96% of the stock of Comstock is held by institutions.

LODE Stock Analysis - Frequently Asked Questions

How have LODE shares performed this year?

Comstock's stock was trading at $0.5480 at the beginning of 2024. Since then, LODE stock has decreased by 24.7% and is now trading at $0.4128.
View the best growth stocks for 2024 here.

How were Comstock's earnings last quarter?

Comstock Inc. (NYSE:LODE) posted its quarterly earnings results on Thursday, August, 8th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.04) by $0.02. The company earned $0.43 million during the quarter, compared to the consensus estimate of $0.57 million. Comstock had a net margin of 230.15% and a negative trailing twelve-month return on equity of 8.67%.

How do I buy shares of Comstock?

Shares of LODE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Comstock own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Comstock investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), CrowdStrike (CRWD), Arista Networks (ANET) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 10/16/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Industrial organic chemicals
• Sub-Industry: Chemicals
• Current Symbol: NYSE:LODE
• CUSIP: N/A
• CIK: 1120970
• Web: www.comstock.inc
• Phone: 775-847-5272
• Fax: 775-847-7118
• Employees: 30
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.60
• High Stock Price Target: $2.60
• Low Stock Price Target: $2.60
• Potential Upside/Downside: +529.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.08
• Trailing P/E Ratio: 5.90
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $9.16 million
• Net Margins: 230.15%
• Pretax Margin: 296.76%
• Return on Equity: -8.67%
• Return on Assets: -6.27%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 2.14
• Quick Ratio: 2.14

Sales & Book Value

• Annual Sales: $2.07 million
• Price / Sales: 27.58
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.68 per share
• Price / Book: 0.61

Miscellaneous

• Outstanding Shares: 138,245,000
• Free Float: 160,385,000
• Market Cap: $57.07 million
• Optionable: Optionable
• Beta: 1.95