Closing Bell Recap: Comstock Inc (LODE) Ends at 0.25, Reflecting a -7.52 Downturn

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Comstock Inc (AMEX: LODE) closed the day trading at $0.25 down -7.52% from the previous closing price of $0.27. In other words, the price has decreased by -$7.52 from its previous closing price. On the day, 0.95 million shares were traded. LODE stock price reached its highest trading level at $0.28 during the session, while it also had its lowest trading level at $0.25.

Ratios:

For a better understanding of LODE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.12.

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 ’23 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 ’23. The Chief Operating Officer now owns 1,524,000 shares after completing the transaction at $0.41 per share. On Oct 27 ’23, 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 34699492 and an Enterprise Value of 21925054. As of this moment, Comstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.78 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 13.132 whereas that against EBITDA is -1.336.

Stock Price History:

The Beta on a monthly basis for LODE is 1.98, which has changed by -0.578125 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, LODE has reached a high of $0.99, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is -29.61%, while the 200-Day Moving Average is calculated to be -43.55%.

Shares Statistics:

Over the past 3-months, LODE traded about 702.91K shares per day on average, while over the past 10 days, LODE traded about 960150 shares per day. A total of 138.25M shares are outstanding, with a floating share count of 125.61M. Insiders hold about 9.14% of the company’s shares, while institutions hold 6.71% stake in the company. Shares short for LODE as of 1713139200 were 1224406 with a Short Ratio of 1.74, compared to 1710460800 on 634515. Therefore, it implies a Short% of Shares Outstanding of 1224406 and a Short% of Float of 1.09.

Earnings Estimates

The stock of Comstock Inc (LODE) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.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 -$0.05. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.

Analysts are recommending an EPS of between -$0.16 and -$0.16 for the fiscal current year, implying an average EPS of -$0.16.

Revenue Estimates

1 analysts predict $570k in revenue for the current quarter. It ranges from a high estimate of $570k to a low estimate of $570k. As of the current estimate, Comstock Inc’s year-ago sales were $35kFor the next quarter, 1 analysts are estimating revenue of $590k. There is a high estimate of $590k for the next quarter, whereas the lowest estimate is $590k.

A total of 1 analysts have provided revenue estimates for LODE’s current fiscal year. The highest revenue estimate was $2.18M, while the lowest revenue estimate was $2.18M, resulting in an average revenue estimate of $2.18M. In the same quarter a year ago, actual revenue was $1.27M

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