StockNews.com initiated coverage on shares of Comstock (NYSE:LODE – Free Report) in a research report sent to investors on Sunday morning. The firm issued a sell rating on the stock.
Comstock Price Performance
Shares of LODE stock opened at $0.29 on Friday. The company has a market cap of $33.82 million, a P/E ratio of 3.65 and a beta of 2.00. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.07. Comstock has a twelve month low of $0.29 and a twelve month high of $0.99. The business has a fifty day simple moving average of $0.39 and a 200 day simple moving average of $0.44.
Comstock (NYSE:LODE – Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.01. The company had revenue of $0.45 million during the quarter, compared to analysts’ expectations of $1.10 million. Comstock had a negative return on equity of 4.04% and a net margin of 718.51%. On average, sell-side analysts forecast that Comstock will post -0.15 EPS for the current fiscal year.
Institutional Investors Weigh In On Comstock
Comstock Company Profile
Comstock Inc engages in the systemic decarbonization business in Nevada and internationally. It operates through Renewable Energy, Mining, and Strategic and Other Investments segments. It will develop technology for the deploying of extraction and refining facilities that convert wasted and unused biomass and other natural resources; and a demonstration system to extract black mass containing lithium, graphite, nickel, cobalt, manganese, copper, aluminum, and other metals from up to lithium-ion batteries.
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