Market Resilience: Comstock Inc (LODE) Finishes Strong/Weak at 0.261, Down -6.98

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Comstock Inc (AMEX: LODE) closed the day trading at $0.26 down -6.98% from the previous closing price of $0.28. In other words, the price has decreased by -$6.98 from its previous closing price. On the day, 0.89 million shares were traded. LODE stock price reached its highest trading level at $0.29 during the session, while it also had its lowest trading level at $0.2515.

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 May 09 ’24 when MCCARTHY WILLIAM JOSEPH bought 15,000 shares for $0.26 per share. The transaction valued at 3,854 led to the insider holds 1,542,000 shares of the business.

BOBBILI RAHUL bought 15,000 shares of LODE for $3,768 on May 08 ’24. The Chief Engineering Officer now owns 1,025,000 shares after completing the transaction at $0.25 per share. On May 07 ’24, another insider, BOBBILI RAHUL, who serves as the Chief Engineering Officer of the company, bought 10,000 shares for $0.25 each. As a result, the insider paid 2,500 and bolstered with 1,010,000 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 35750156 and an Enterprise Value of 28508174. As of this moment, Comstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.41 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 17.074 whereas that against EBITDA is -1.737.

Stock Price History:

The Beta on a monthly basis for LODE is 1.97, which has changed by -0.66233766 over the last 52 weeks, in comparison to a change of 0.26265144 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 -23.16%, while the 200-Day Moving Average is calculated to be -40.47%.

Shares Statistics:

Over the past 3-months, LODE traded about 769.61K shares per day on average, while over the past 10 days, LODE traded about 1160220 shares per day. A total of 138.25M shares are outstanding, with a floating share count of 125.69M. Insiders hold about 9.06% of the company’s shares, while institutions hold 6.74% stake in the company. Shares short for LODE as of 1714435200 were 1020273 with a Short Ratio of 1.33, compared to 1711584000 on 1231739. Therefore, it implies a Short% of Shares Outstanding of 1020273 and a Short% of Float of 0.8.

Earnings Estimates

The current rating of Comstock Inc (LODE) reflects the combined expertise of 1.0 analysts actively engaged in assessing its market performance.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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