LODE Stock: More Upside For Comstock Inc (AMEX: LODE)?

In the latest trading session, 1.48 million Comstock Inc (AMEX:LODE) shares changed hands as the company’s beta touched 1.55. With the company’s most recent per share price at $0.27 changed hands at -$0.02 or -6.67% at last look, the market valuation stands at $62.81M. LODE’s current price is a discount, trading about -274.07% off its 52-week high of $1.01. The share price had its 52-week low at $0.13, which suggests the last value was 51.85% up since then.

Comstock Inc (AMEX:LODE) trade information

Instantly LODE was in red as seen in intraday trades today. With action -23.98%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -66.63%, with the 5-day performance at -23.98% in the red. However, in the 30-day time frame, Comstock Inc (AMEX:LODE) is -30.51% down.

Comstock Inc (LODE) estimates and forecasts

Year-over-year growth is forecast to reach 66.13% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 700.1k. 1 analysts are of the opinion that Comstock Inc’s revenue for the current quarter will be 770.18k. The company’s revenue for the corresponding quarters a year ago was 447.65k and 425.95k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 56.39%. The estimates for the next quarter sales put growth at 80.81%.

The 2025 estimates are for Comstock Inc earnings to decrease by -346.95%.

Comstock Inc (AMEX:LODE)’s Major holders

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

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 2.16 shares estimated at $0.57 million under it, the former controlled 0.92% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.46% of the shares, roughly 1.08 shares worth around $0.28 million.