In today’s recent session, 0.7 million shares of the Comstock Inc (AMEX:LODE) have been traded, and its beta is 1.97. Most recently the company’s share price was $0.43, and it changed around $0.01 or 3.33% from the last close, which brings the market valuation of the company to $91.36M. LODE at last check was trading at a discount to its 52-week high of $0.72, offering almost -67.44% off that amount. The share price’s 52-week low was $0.13, which indicates that the recent value has risen by an impressive 69.77% since then. We note from Comstock Inc’s average daily trading volume that its 10-day average is 2.78 million shares, with the 3-month average coming to 7.48 million.

Comstock Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended LODE as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Comstock Inc is expected to report earnings per share of -0.03 for the current quarter.

Comstock Inc (AMEX:LODE) trade information

Instantly LODE has been showing a green trend so far today with a performance of 3.33% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.4968 on recent trading dayincreased the stock’s daily price by 13.45%. The company’s shares are currently down -20.80% year-to-date, but still down -16.54% over the last five days. On the other hand, Comstock Inc (AMEX:LODE) is -10.96% down in the 30-day period. We can see from the shorts that 5.31 million shares have been sold at a short interest cover period of 1.15 day(s).

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 risen 40.68 percent over the past six months and at a -46.67% annual growth rate that is well below the industry average of 21.10%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -137.50% in revenue this quarter, and will report an increase of 50.00% in the next quarter. The year-over-year growth rate is expected to be 76.60%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 700k in revenue for the current quarter. 1 analysts expect Comstock Inc to make 770k in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 448k and 540k respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 56.20%. Forecasts for the next quarter put sales growth at 42.60%.

LODE Dividends

Comstock Inc’s next quarterly earnings report is expected to be released on 2025-Feb-25.

Comstock Inc (AMEX:LODE)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 5.76% of Comstock Inc shares, and 5.97% of them are in the hands of institutional investors. The stock currently has a share float of 6.34%. Comstock Inc stock is held by 59.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 2.8076% of the shares, which is about 3.29 million shares worth $0.54 million.

RENAISSANCE TECHNOLOGIES LLC, with 2.4487% or 2.87 million shares worth $0.47 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Jun 30, 2024. The former held 2.16 shares worth $0.94 million, making up 1.03% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 1.08 shares worth around $0.47 million, which represents about 0.51% of the total shares outstanding.