1,827,613 Comstock Inc. $LODE Shares Sold by CenterBook Partners LP

CenterBook Partners LP decreased its holdings in shares of Comstock Inc. (NYSEAMERICAN:LODE) by 84.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 338,094 shares of the company’s stock after selling 1,827,613 shares during the period. CenterBook Partners LP owned approximately 0.44% of Comstock worth $784,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. D.A. Davidson & CO. acquired a new position in Comstock in the third quarter worth approximately $34,000. Gratia Capital LLC grew its holdings in shares of Comstock by 68.9% in the 2nd quarter. Gratia Capital LLC now owns 1,868,323 shares of the company’s stock worth $7,772,000 after acquiring an additional 761,902 shares during the last quarter. AXQ Capital LP raised its position in shares of Comstock by 36.6% during the second quarter. AXQ Capital LP now owns 18,407 shares of the company’s stock worth $77,000 after purchasing an additional 4,936 shares during the period. Ancora Advisors LLC acquired a new stake in shares of Comstock during the second quarter worth $278,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Comstock during the second quarter valued at $758,000. Institutional investors and hedge funds own 7.96% of the company’s stock.

Comstock Trading Down 13.0%

Shares of NYSEAMERICAN LODE opened at $1.67 on Wednesday. The company has a quick ratio of 3.31, a current ratio of 3.31 and a debt-to-equity ratio of 0.08. Comstock Inc. has a 12 month low of $1.31 and a 12 month high of $4.98. The company has a market cap of $126.90 million, a price-to-earnings ratio of -2.29 and a beta of 1.66. The business has a fifty day simple moving average of $2.24 and a 200-day simple moving average of $3.14.

Comstock (NYSEAMERICAN:LODE) last posted its quarterly earnings data on Wednesday, November 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.07). Comstock had a negative return on equity of 24.02% and a negative net margin of 3,682.82%. The company had revenue of $0.37 million for the quarter. Sell-side analysts predict that Comstock Inc. will post -0.33 EPS for the current year.

About Comstock

Comstock Inc. is a technology and natural resources company focused on developing solutions for the energy transition and the decarbonization of industrial processes. Its business activities include renewable fuels, battery-metal recovery and mineral development, with operations and projects primarily connected to the United States. Through Comstock Fuels, the company is developing technologies designed to convert woody biomass and other lignocellulosic materials into low-carbon fuels, including sustainable aviation fuel and other renewable fuel products.