Market Recap: Comstock Inc (LODE)’s Negative Momentum%, Closing at $2.44

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The closing price of Comstock Inc (AMEX: LODE) was $2.44 for the day, down -0.81% from the previous closing price of $2.46. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 1.07 million shares were traded. LODE stock price reached its highest trading level at $2.55 during the session, while it also had its lowest trading level at $2.41.

Ratios:

Our analysis of LODE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.32.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LODE now has a Market Capitalization of 120204648 and an Enterprise Value of 90900360. For the stock, the TTM Price-to-Sale (P/S) ratio is 36.65 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 27.707 whereas that against EBITDA is -2.69.

Stock Price History:

The Beta on a monthly basis for LODE is 1.49, which has changed by 0.16190481 over the last 52 weeks, in comparison to a change of 0.1590569 over the same period for the S&P500. Over the past 52 weeks, LODE has reached a high of $10.10, while it has fallen to a 52-week low of $1.67. The 50-Day Moving Average of the stock is -26.11%, while the 200-Day Moving Average is calculated to be -25.60%.

Shares Statistics:

LODE traded an average of 615.08K shares per day over the past three months and 985800 shares per day over the past ten days. A total of 49.26M shares are outstanding, with a floating share count of 46.76M. Insiders hold about 5.08% of the company’s shares, while institutions hold 6.87% stake in the company. Shares short for LODE as of 1755216000 were 1576454 with a Short Ratio of 2.56, compared to 1752537600 on 1748892. Therefore, it implies a Short% of Shares Outstanding of 1576454 and a Short% of Float of 3.2800000000000002.

Earnings Estimates

A detailed examination of Comstock Inc (LODE) is currently in progress, with 2.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.07 and low estimates of -$0.11.

Analysts are recommending an EPS of between -$0.87 and -$0.87 for the fiscal current year, implying an average EPS of -$0.87. EPS for the following year is $0.09, with 2.0 analysts recommending between $0.17 and $0.0.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $990.29k to a low estimate of $800k. As of the current estimate, Comstock Inc’s year-ago sales were $556.38kFor the next quarter, 2 analysts are estimating revenue of $1.16M. There is a high estimate of $1.43M for the next quarter, whereas the lowest estimate is $900k.

A total of 2 analysts have provided revenue estimates for LODE’s current fiscal year. The highest revenue estimate was $3.54M, while the lowest revenue estimate was $2.83M, resulting in an average revenue estimate of $3.18M. In the same quarter a year ago, actual revenue was $3.02MBased on 2 analysts’ estimates, the company’s revenue will be $38M in the next fiscal year. The high estimate is $45M and the low estimate is $31M.

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