Comstock Mining Inc. (NYSE:LODE) has a beta value of 1.5 and has seen 415,715 shares traded in the last trading session. The company, currently valued at $34.37 Million, closed the last trade at $1 per share which meant it gained $0.01 on the day or 0.97% during that session. The LODE stock price is -112% off its 52-week high price of $2.12 and 77% above the 52-week low of $0.23. If we look at the company’s 10-day average daily trading volume, we find that it stood at 908.44 Million shares traded. The 3-month trading volume is 680.98 Million shares.
The consensus among analysts is that Comstock Mining Inc. (LODE) is a Buy stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.04.
Comstock Mining Inc. (NYSE:LODE) trade information
Sporting 0.97% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Nov 17 when the LODE stock price touched $1.3 or saw a rise of 23.23%. Year-to-date, Comstock Mining Inc. shares have moved 126.1%, while the 5-day performance has seen it change -8.44%. Over the past 30 days, the shares of Comstock Mining Inc. (NYSE:LODE) have changed -7.59%. Short interest in the company has seen 53.59 Million shares shorted with days to cover at 0.08.
Wall Street analysts have a consensus price target for the stock at $4.5, which means that the shares’ value could jump 350% from current levels. The projected low price target is $4.5 while the price target rests at a high of $4.5. In that case, then, we find that the current price level is +350% off the targeted high while a plunge would see the stock lose 350% from current levels.
Comstock Mining Inc. (LODE) estimates and forecasts
Earnings growth for 2020 is a modest +75.4%.
Comstock Mining Inc. (NYSE:LODE)’s Major holders
Insiders own 20.78% of the company shares, while shares held by institutions stand at 8.76% with a share float percentage of 11.05%. Investors are also buoyed by the number of investors in a company, with Comstock Mining Inc. having a total of 29 institutions that hold shares in the company. The top two institutional holders are Renaissance Technologies, LLC with over 816.58 Thousand shares worth more than $881.9 Thousand. As of September 29, 2020, Renaissance Technologies, LLC held 2.37% of shares outstanding.
The other major institutional holder is Van den Berg Management Inc, dba Century Management, with the holding of over 329.28 Thousand shares as of September 29, 2020. The firm’s total holdings are worth over $355.62 Thousand and represent 0.96% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are U.S. Global Investors Fund-World Precious Minerals Fund and Bridgeway Funds Inc-Ultra Small Company Market Fund. As of June 29, 2020, the former fund manager holds about 0.31% shares in the company for having 106600 shares of worth $101.26 Thousand while later fund manager owns 94Thousand shares of worth $89.29 Thousand as of June 29, 2020, which makes it owner of about 0.27% of company’s outstanding stock.