A new trading day began on Tuesday, with Comstock Inc (AMEX: LODE) stock price down -6.15% from the previous day of trading, before settling in for the closing price of $0.52. LODE’s price has ranged from $0.13 to $0.72 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 179.06%. Meanwhile, its annual earnings per share averaged -290.82%. With a float of $194.57 million, this company’s outstanding shares have now reached $206.63 million.
Considering the fact that the conglomerate employs 36 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 100.0%, operating margin of -2447.0%, and the pretax margin is -2690.23%.
Comstock Inc (LODE) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Other Precious Metals & Mining Industry. The insider ownership of Comstock Inc is 5.84%, while institutional ownership is 6.03%. The most recent insider transaction that took place on Aug 14 ’24, was worth 29,200. In this transaction Director of this company bought 200,000 shares at a rate of $0.15, taking the stock ownership to the 600,000 shares. Before that another transaction happened on May 28 ’24, when Company’s Chief Engineering Officer bought 25,000 for $0.25, making the entire transaction worth $6,350. This insider now owns 1,100,000 shares in total.
Comstock Inc (LODE) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.08 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -290.82% per share during the next fiscal year.
Comstock Inc (AMEX: LODE) Trading Performance Indicators
Here are Comstock Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 54.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.11 in one year’s time.
Technical Analysis of Comstock Inc (LODE)
Compared to the last year’s volume of 3.24 million, its volume of 3.16 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 71.61%. Additionally, its Average True Range was 0.06.
During the past 100 days, Comstock Inc’s (LODE) raw stochastic average was set at 61.07%, which indicates a significant increase from 52.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.89% in the past 14 days, which was lower than the 123.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3484, while its 200-day Moving Average is $0.3194. Nevertheless, the first resistance level for the watch stands at $0.5087 in the near term. At $0.5293, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.5687. If the price goes on to break the first support level at $0.4487, it is likely to go to the next support level at $0.4093. Now, if the price goes above the second support level, the third support stands at $0.3887.
Comstock Inc (AMEX: LODE) Key Stats
With a market capitalization of 100.84 million, the company has a total of 138,245K Shares Outstanding. Currently, annual sales are 1,270 K while annual income is 9,160 K. The company’s previous quarter sales were 430 K while its latest quarter income was -8,630 K.
