After finishing at $0.43 in the prior trading day, Comstock Inc (AMEX: LODE) closed at $0.40, down -5.34%. In other words, the price has decreased by -$0.0227 from its previous closing price. On the day, 791603 shares were traded.
Ratios:
Our goal is to gain a better understanding of LODE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Singular Research on April 23, 2014, initiated with a Buy rating and assigned the stock a target price of $2.25.
On March 16, 2012, Global Hunter Securities started tracking the stock assigning a Speculative Buy rating and target price of $3.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 09 when Drozdoff Leo M bought 40,000 shares for $0.47 per share. The transaction valued at 18,600 led to the insider holds 400,000 shares of the business.
MCCARTHY WILLIAM JOSEPH bought 24,000 shares of LODE for $9,744 on Oct 27. The Chief Operating Officer now owns 1,524,000 shares after completing the transaction at $0.41 per share. On Oct 27, another insider, MCCARTHY WILLIAM JOSEPH, who serves as the Chief Operating Officer of the company, bought 3,000 shares for $0.40 each. As a result, the insider paid 1,207 and bolstered with 1,527,000 shares of the company.
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 49.27M and an Enterprise Value of 37.26M. As of this moment, Comstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 36.72 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 29.24 whereas that against EBITDA is 2.54.
Stock Price History:
Over the past 52 weeks, LODE has reached a high of $0.99, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is 0.4918, while the 200-Day Moving Average is calculated to be 0.5268.
Shares Statistics:
The stock has traded on average 438.25K shares per day over the past 3-months and 410.8k shares per day over the last 10 days, according to various share statistics. A total of 115.26M shares are outstanding, with a floating share count of 105.42M. Insiders hold about 8.98% of the company’s shares, while institutions hold 7.97% stake in the company. Shares short for LODE as of Feb 15, 2024 were 385.41k with a Short Ratio of 0.88, compared to 457.28k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.33% and a Short% of Float of 0.37%.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.04, while EPS last year was -$0.06. The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.04 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.15 and -$0.15 for the fiscal current year, implying an average EPS of -$0.15. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
Revenue Estimates
1 analysts predict $540k in revenue for the current quarter. It ranges from a high estimate of $540k to a low estimate of $540k. As of the current estimate, Comstock Inc’s year-ago sales were $30k, an estimated increase of 1,700.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $550k, an increase of 1,471.40% less than the figure of $1,700.00% in the same quarter last year. There is a high estimate of $550k for the next quarter, whereas the lowest estimate is $550k.
A total of 1 analysts have provided revenue estimates for LODE’s current fiscal year. The highest revenue estimate was $2.21M, while the lowest revenue estimate was $2.21M, resulting in an average revenue estimate of $2.21M. In the same quarter a year ago, actual revenue was $1.27M, up 73.50% from the average estimate.
