Comstock Inc (AMEX: LODE) is -24.82% lower on its value in year-to-date trading and has touched a low of $0.13 and a high of $0.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LODE stock was last observed hovering at around $0.47 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $0.41, the stock is 11.64% and 65.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.32 million and changing -12.90% at the moment leaves the stock 27.67% off its SMA200. LODE registered 0.51% gain for a year compared to 6-month loss of 21.18%. The firm has a 50-day simple moving average (SMA 50) of $0.2538 and a 200-day simple moving average (SMA200) of $0.32275.
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The stock witnessed a 59.20% gain in the last 1 month and extending the period to 3 months gives it a 167.88%, and is -7.31% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 25.56% over the week and 19.72% over the month.
Comstock Inc (LODE) has around 36 employees, a market worth around $85.13M and $2.07M in sales. Current P/E ratio is 6.68. Profit margin for the company is 230.25%. Distance from 52-week low is 228.29% and -42.71% from its 52-week high. The company has generated returns on investments over the last 12 months (5.71%).
with sales reaching $690k over the same period.The EPS is expected to shrink by -290.82% this year, but quarterly earnings will post 76.60% year-over-year. Quarterly sales are estimated to shrink -9.30% in year-over-year returns.
Comstock Inc (LODE) Top Institutional Holders
59.0 institutions hold shares in Comstock Inc (LODE), with institutional investors hold 6.39% of the company’s shares. The shares outstanding are 206.63M, and float is at 192.42M with Short Float at 1.77%. Institutions hold 6.02% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 3.29 million shares valued at $0.54 million. The investor’s holdings represent 2.8076% of the LODE Shares outstanding. As of 2024-06-30, the second largest holder is RENAISSANCE TECHNOLOGIES LLC with 2.87 million shares valued at $0.47 million to account for 2.4487 of the shares outstanding. The other top investors are FARTHER FINANCE ADVISORS, LLC which holds 1.36 million shares representing 1.1585% and valued at over $0.22 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.884 of the shares totaling 1.04 million with a market value of $0.17 million.
Comstock Inc (LODE) Insider Activity
The most recent transaction is an insider purchase by Drozdoff Leo M, the company’s Director. SEC filings show that Drozdoff Leo M bought 200,000 shares of the company’s common stock on Aug 14 ’24 at a price of $0.15 per share for a total of $29200.0. Following the purchase, the insider now owns 0.6 million shares.
Comstock Inc disclosed in a document filed with the SEC on May 28 ’24 that BOBBILI RAHUL (Chief Engineering Officer) bought a total of 25,000 shares of the company’s common stock. The trade occurred on May 28 ’24 and was made at $0.25 per share for $6350.0. Following the transaction, the insider now directly holds 1.1 million shares of the LODE stock.
Still, SEC filings show that on May 20 ’24, BOBBILI RAHUL (Chief Engineering Officer) acquired 25,000 shares at an average price of $0.29 for $7258.0. The insider now directly holds 1,075,000 shares of Comstock Inc (LODE).
