During the recent session, Comstock Inc (AMEX:LODE)’s traded shares were 1.66 million, with the beta value of the company hitting 1.88. At the last check today, the stock’s price was $0.21, reflecting an intraday gain of 3.26% or $0.01. The 52-week high for the LODE share is $0.63, that puts it down -200.0 from that peak though still a striking 38.1% gain since the share price plummeted to a 52-week low of $0.13. The company’s market capitalization is $36.62M, and the average intraday trading volume over the past 10 days was 5.43 million shares, and the average trade volume was 6.42 million shares over the past three months.

Comstock Inc (AMEX:LODE) trade information

Comstock Inc (LODE) registered a 3.26% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.26% in intraday trading to $0.21, hitting a weekly high. The stock’s 5-day price performance is 20.33%, and it has moved by 35.12% in 30 days. Based on these gigs, the overall price performance for the year is -53.39%. The short interest in Comstock Inc (AMEX:LODE) is 5.04 million shares and it means that shorts have 0.4 day(s) to cover.

Comstock Inc (LODE) estimates and forecasts

Statistics show that Comstock Inc has underperformed its competitors in share price, compared to the industry in which it operates. Comstock Inc (LODE) shares have gone down -50.88% during the last six months, with a year-to-date growth rate less than the industry average at -13.33% against 21.50. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -127.30% this quarter and then drop -137.50% in the quarter after that. In the rating firms’ projections, revenue will increase 76.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 690k as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 700k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 761k and 448k respectively. In this case, analysts expect current quarter sales to shrink by -9.30% and then jump by 56.20% in the coming quarter.

While earnings are projected to return -290.82% in 2024.

LODE Dividends

Comstock Inc is due to release its next quarterly earnings in September. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Comstock Inc (AMEX:LODE)’s Major holders

Comstock Inc insiders own 6.88% of total outstanding shares while institutional holders control 7.09%, with the float percentage being 7.62%. VANGUARD GROUP INC is the largest shareholder of the company, while 59.0 institutions own stock in it. As of 2024-06-30, the company held over 3.29 million shares (or 2.8076% of all shares), a total value of $0.54 million in shares.

The next largest institutional holding, with 2.87 million shares, is of RENAISSANCE TECHNOLOGIES LLC’s that is approximately 2.4487% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.47 million.

Also, the Mutual Funds coming in first place with the largest holdings of Comstock Inc (LODE) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Mar 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 2.16 shares. This amounts to just over 1.23 percent of the company’s overall shares, with a $0.46 million market value. The same data shows that the other fund manager holds slightly less at 1.08, or about 0.62% of the stock, which is worth about $0.23 million.