StockNews.com started coverage on shares of Comstock (NYSE:LODE – Free Report) in a research note issued to investors on Tuesday morning. The brokerage issued a sell rating on the stock.
Comstock Stock Performance
Shares of Comstock stock opened at $0.16 on Tuesday. Comstock has a 12 month low of $0.16 and a 12 month high of $0.88. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.11. The stock has a market cap of $22.34 million, a PE ratio of 2.02 and a beta of 1.93. The business has a fifty day simple moving average of $0.24 and a 200-day simple moving average of $0.37.
Comstock (NYSE:LODE – Get Free Report) last announced its quarterly earnings data on Monday, April 29th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). The business had revenue of $0.43 million for the quarter, compared to analyst estimates of $0.54 million. Comstock had a negative return on equity of 5.56% and a net margin of 474.79%. On average, sell-side analysts anticipate that Comstock will post -0.16 EPS for the current fiscal year.
Insider Transactions at Comstock
Institutional Trading of Comstock
A hedge fund recently bought a new stake in Comstock stock. Mission Wealth Management LP acquired a new stake in Comstock Inc. (NYSE:LODE – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 85,366 shares of the company’s stock, valued at approximately $47,000. Mission Wealth Management LP owned about 0.07% of Comstock at the end of the most recent quarter. 7.96% of the stock is owned by institutional investors.
About Comstock
Comstock Inc engages in the systemic decarbonization business in Nevada and internationally. It operates through Renewable Energy, Mining, and Strategic and Other Investments segments. It will develop technology for the deploying of extraction and refining facilities that convert wasted and unused biomass and other natural resources; and a demonstration system to extract black mass containing lithium, graphite, nickel, cobalt, manganese, copper, aluminum, and other metals from up to lithium-ion batteries.
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