A new trading day began on Tuesday, with Comstock Inc (AMEX: LODE) stock price down -5.31% from the previous day of trading, before settling in for the closing price of $0.36. LODE’s price has ranged from $0.13 to $0.72 over the past 52 weeks.
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Basic Materials Sector giant saw their annual sales surged by 179.06% over the last five years. Meanwhile, its annual earnings per share averaged -346.95%. With a float of $198.22 million, this company’s outstanding shares have now reached $210.50 million.
The firm has a total of 36 workers. Let’s measure their productivity. In terms of profitability, gross margin is 100.0%, operating margin of -2447.0%, and the pretax margin is -2690.23%.
Comstock Inc (LODE) Insider Activity
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 6.20%. 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) Earnings and Forecasts
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 -346.95% 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 38.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.09 in one year’s time.
Technical Analysis of Comstock Inc (LODE)
Analysing the last 5-days average volume posted by the [Comstock Inc, LODE], we can find that recorded value of 2.08 million was lower than the volume posted last year of 3.14 million. As of the previous 9 days, the stock’s Stochastic %D was 21.31%. Additionally, its Average True Range was 0.05.
During the past 100 days, Comstock Inc’s (LODE) raw stochastic average was set at 36.89%, which indicates a significant increase from 18.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.64% in the past 14 days, which was lower than the 123.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4118, while its 200-day Moving Average is $0.3124. Now, the first resistance to watch is $0.3655. This is followed by the second major resistance level at $0.3866. The third major resistance level sits at $0.4093. If the price goes on to break the first support level at $0.3217, it is likely to go to the next support level at $0.2990. Should the price break the second support level, the third support level stands at $0.2779.
Comstock Inc (AMEX: LODE) Key Stats
With a market capitalization of 72.52 million, the company has a total of 210,505K Shares Outstanding. Currently, annual sales are 1,270 K while annual income is 9,160 K. The company’s previous quarter sales were 560 K while its latest quarter income was -14,970 K.
