In the last trading session, 1.06 million shares of the Comstock Inc (AMEX:LODE) were traded, and its beta was 2.04. Most recently the company’s share price was $0.29, and it changed around -$0.03 or -8.52% from the last close, which brings the market valuation of the company to $35.56M. LODE currently trades at a discount to its 52-week high of $0.99, offering almost -241.38% off that amount. The share price’s 52-week low was $0.29. We note from Comstock Inc’s average daily trading volume that its 3-month average coming to 607.35K.
Comstock Inc (AMEX:LODE) trade information
Instantly LODE has showed a red trend with a performance of -8.52% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -47.08% year-to-date, but still down -9.80% over the last five days. On the other hand, Comstock Inc (AMEX:LODE) is -24.08% down in the 30-day period.
Comstock Inc (LODE) estimates and forecasts
Comstock Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -33.18 percent over the past six months and at a 0.00% annual growth rate that is well below the industry average of 3.20%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 33.30% in revenue this quarter, and will report an increase of 20.00% in the next quarter. The year-over-year growth rate is expected to be 80.50%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of $540k in revenue for the current quarter. 1 analysts expect Comstock Inc to make $570k in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $30k and $35k respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1,700.00%. Forecasts for the next quarter put sales growth at 1,528.60%.
LODE Dividends
Comstock Inc’s next quarterly earnings report is expected to be released in May.
