Comstock Inc (AMEX:LODE) has a beta value of 2.01 and has seen 0.99 million shares traded in the recent trading session. The company, currently valued at $42.92M, closed the recent trade at $0.35 per share which meant it gained $0.02 on the day or 7.58% during that session. The LODE stock price is -182.86% off its 52-week high price of $0.99 and 11.43% above the 52-week low of $0.31. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.78 million shares traded. The 3-month trading volume is 524.83K shares.
Comstock Inc (AMEX:LODE) trade information
Sporting 7.58% in the green today, the stock has traded in the red over the last five days, when the LODE stock price touched $0.35 or saw a rise of 6.67%. Year-to-date, Comstock Inc shares have moved -35.22%, while the 5-day performance has seen it change -6.16%. Over the past 30 days, the shares of Comstock Inc (AMEX:LODE) have changed -7.31%. Short interest in the company has seen 0.63 million shares shorted with days to cover at 1.08.
Comstock Inc (LODE) estimates and forecasts
Figures show that Comstock Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -16.86% over the past 6 months, with this year growth rate of 0.00%, compared to 2.90% for the industry. Revenue growth from the last financial year stood is estimated to be 73.50%.
1 analysts offering their estimates for the company have set an average revenue estimate of $540k for the current quarter. 1 have an estimated revenue figure of $550k for the next quarter concluding in Jun 2024. Year-ago sales stood $30k and $35k respectively for this quarter and the next, and analysts expect sales will grow by 1,700.00% for the current quarter and 1,471.40% for the next.
LODE Dividends
Comstock Inc is expected to release its next earnings report between May 01 and May 06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Comstock Inc (AMEX:LODE)’s Major holders
Insiders own 8.75% of the company shares, while shares held by institutions stand at 7.64% with a share float percentage of 8.38%. Investors are also buoyed by the number of investors in a company, with Comstock Inc having a total of 59 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 2.26 million shares worth more than $1.65 million. As of Jun 29, 2023, Vanguard Group Inc held 2.06% of shares outstanding.
The other major institutional holder is Geode Capital Management, LLC, with the holding of over 0.7 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $0.51 million and represent 0.64% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Jun 29, 2023, the former fund manager holds about 1.46% shares in the company for having 1.6 million shares of worth $1.17 million while later fund manager owns 0.6 million shares of worth $0.44 million as of Jun 29, 2023, which makes it owner of about 0.55% of company’s outstanding stock.
