Comstock Mining Inc. (AMEX:LODE) has a beta value of 1.89 and has seen 1.39 million shares traded in the last trading session. The company, currently valued at $164.60M, closed the last trade at $3.23 per share which meant it gained $0.25 on the day or 8.39% during that session. The LODE stock price is -204.95% off its 52-week high price of $9.85 and 71.21% above the 52-week low of $0.93. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.65 million shares traded. The 3-month trading volume is 862.27K shares.
Comstock Mining Inc. (AMEX:LODE) trade information
Sporting 8.39% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the LODE stock price touched $3.23 or saw a rise of 0.62%. Year-to-date, Comstock Mining Inc. shares have moved 210.58%, while the 5-day performance has seen it change 5.90%. Over the past 30 days, the shares of Comstock Mining Inc. (AMEX:LODE) have changed 5.90%. Short interest in the company has seen 3.11 million shares shorted with days to cover at 2.38.
Wall Street analysts have a consensus price target for the stock at $9.50, which means that the shares’ value could jump 66.0% from current levels. The projected low price target is $9.50 while the price target rests at a high of $9.50. In that case, then, we find that the current price level is -194.12% off the targeted high while a plunge would see the stock gain -194.12% from current levels.
Comstock Mining Inc. (LODE) estimates and forecasts
Figures show that Comstock Mining Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -19.85% over the past 6 months, with this year growth rate of -250.00%, compared to 4.50% for the industry. Revenue growth from the last financial year stood is estimated to be 53.50%.
1 analysts offering their estimates for the company have set an average revenue estimate of $55k for the current quarter. 1 have an estimated revenue figure of $90k for the next quarter concluding in Sep 2021.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 16.40% over the past 5 years.
Comstock Mining Inc. is expected to release its next earnings report between July 26 and July 30 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Comstock Mining Inc. (AMEX:LODE)’s Major holders
Insiders own 14.31% of the company shares, while shares held by institutions stand at 17.38% with a share float percentage of 20.29%. Investors are also buoyed by the number of investors in a company, with Comstock Mining Inc. having a total of 49 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 1.8 million shares worth more than $8.22 million. As of Mar 30, 2021, Vanguard Group, Inc. (The) held 4.23% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 1.56 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $7.15 million and represent 3.68% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Vanguard Total Stock Market Index Fund. As of Mar 30, 2021, the former fund manager holds about 2.64% shares in the company for having 1.12 million shares of worth $5.14 million while later fund manager owns 0.6 million shares of worth $2.75 million as of Mar 30, 2021, which makes it owner of about 1.42% of company’s outstanding stock.