Market Insights: Comstock Inc (LODE)’s Notable Gain of 7.32, Closing at 0.38

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As of close of business last night, Comstock Inc’s stock clocked out at $0.38, up 7.32% from its previous closing price of $0.35. In other words, the price has increased by $7.32 from its previous closing price. On the day, 32.88 million shares were traded. LODE stock price reached its highest trading level at $0.42 during the session, while it also had its lowest trading level at $0.3609.

Ratios:

To gain a deeper understanding of LODE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.45 and its Current Ratio is at 2.45. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.23.

On April 23, 2014, Singular Research started tracking the stock assigning a Buy rating and 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.Global Hunter Securities initiated its Speculative Buy rating on March 16, 2012, with a $3.50 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 14 ’24 when Drozdoff Leo M bought 200,000 shares for $0.15 per share. The transaction valued at 29,200 led to the insider holds 600,000 shares of the business.

BOBBILI RAHUL bought 25,000 shares of LODE for $6,350 on May 28 ’24. The Chief Engineering Officer now owns 1,100,000 shares after completing the transaction at $0.25 per share. On May 20 ’24, another insider, BOBBILI RAHUL, who serves as the Chief Engineering Officer of the company, bought 25,000 shares for $0.29 each. As a result, the insider paid 7,258 and bolstered with 1,075,000 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 89563960 and an Enterprise Value of 76126352. For the stock, the TTM Price-to-Sale (P/S) ratio is 48.15 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 40.823 whereas that against EBITDA is -4.652.

Stock Price History:

The Beta on a monthly basis for LODE is 1.64, which has changed by -0.20833331 over the last 52 weeks, in comparison to a change of 0.22208416 over the same period for the S&P500. Over the past 52 weeks, LODE has reached a high of $1.01, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -10.16%, while the 200-Day Moving Average is calculated to be 20.88%.

Shares Statistics:

It appears that LODE traded 8.00M shares on average per day over the past three months and 8972880 shares per day over the past ten days. A total of 235.08M shares are outstanding, with a floating share count of 222.13M. Insiders hold about 5.50% of the company’s shares, while institutions hold 5.36% stake in the company. Shares short for LODE as of 1736899200 were 6643160 with a Short Ratio of 0.83, compared to 1734048000 on 3319965. Therefore, it implies a Short% of Shares Outstanding of 6643160 and a Short% of Float of 2.96.

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