During the last session, Comstock Inc (AMEX:LODE)’s traded shares were 1.79 million, with the beta value of the company hitting 1.97. At the end of the trading day, the stock’s price was $0.41, reflecting an intraday loss of -4.17% or -$0.01. The 52-week high for the LODE share is $0.72, that puts it down -75.61 from that peak though still a striking 68.29% gain since the share price plummeted to a 52-week low of $0.13. The company’s market capitalization is $85.71M, and the average intraday trading volume over the past 10 days was 2.39 million shares, and the average trade volume was 7.44 million shares over the past three months.
Comstock Inc (AMEX:LODE) trade information
Comstock Inc (LODE) registered a -4.17% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.17% in intraday trading to $0.41, hitting a weekly high. The stock’s 5-day price performance is -9.25%, and it has moved by -5.30% in 30 days. Based on these gigs, the overall price performance for the year is -3.05%. The short interest in Comstock Inc (AMEX:LODE) is 5.31 million shares and it means that shorts have 1.15 day(s) to cover.
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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 up 50.04% during the last six months, with a year-to-date growth rate less than the industry average at -46.67% against 21.30. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -137.50% this quarter and then jump 50.00% 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 700k as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 770k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 448k and 540k respectively. In this case, analysts expect current quarter sales to grow by 56.20% and then jump by 42.60% in the coming quarter.
While earnings are projected to return -346.95% in 2024.
LODE Dividends
Comstock Inc is due to release its next quarterly earnings in December. 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 5.76% of total outstanding shares while institutional holders control 6.23%, with the float percentage being 6.61%. VANGUARD GROUP INC is the largest shareholder of the company, while 60.0 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.
