During the last session, Comstock Inc (AMEX:LODE)’s traded shares were 14.87 million, with the beta value of the company hitting 1.65. At the end of the trading day, the stock’s price was $0.38, reflecting an intraday gain of 13.84% or $0.05. The 52-week high for the LODE share is $1.01, that puts it down -165.79 from that peak though still a striking 65.79% gain since the share price plummeted to a 52-week low of $0.13. The company’s market capitalization is $89.12M, and the average intraday trading volume over the past 10 days was 11.9 million shares, and the average trade volume was 7.55 million shares over the past three months.
Comstock Inc (AMEX:LODE) trade information
Comstock Inc (LODE) registered a 13.84% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 13.84% in intraday trading to $0.38, hitting a weekly high. The stock’s 5-day price performance is 31.86%, and it has moved by 25.86% in 30 days. Based on these gigs, the overall price performance for the year is -21.51%. The short interest in Comstock Inc (AMEX:LODE) is 6.72 million shares and it means that shorts have 0.57 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 up 134.16% during the last six months, with a year-to-date growth rate less than the industry average at -46.67% against 17.30. In the rating firms’ projections, revenue will increase 66.13% 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 700.1k as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 770.18k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 447.65k and 425.95k respectively. In this case, analysts expect current quarter sales to grow by 56.39% and then jump by 80.81% in the coming quarter.
While earnings are projected to return -346.95% in 2025.
LODE Dividends
Comstock Inc is due to release its next quarterly earnings in February. 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 5.13% of total outstanding shares while institutional holders control 5.17%, with the float percentage being 5.44%. VANGUARD GROUP INC is the largest shareholder of the company, while 63.0 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 Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 2.16 shares. This amounts to just over 0.92 percent of the company’s overall shares, with a $0.82 million market value. The same data shows that the other fund manager holds slightly less at 1.08, or about 0.46% of the stock, which is worth about $0.41 million.
