A new trading day began on Tuesday, with Comstock Inc (AMEX: LODE) stock price down -6.12% from the previous day of trading, before settling in for the closing price of $3.76. LODE’s price has ranged from $1.67 to $10.10 over the past 52 weeks.
During the last 5-year period, the sales drop of Basic Materials Sector giant was -10.41%. Meanwhile, its annual earnings per share averaged 73.83%. With a float of $46.76 million, this company’s outstanding shares have now reached $49.26 million.
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 5.08%, while institutional ownership is 6.87%.
Comstock Inc (LODE) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.31 per share, which was $0.1 lower 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 -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 73.83% 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 1.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 53.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.41, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach 0.09 in one year’s time.
Technical Analysis of Comstock Inc (LODE)
Looking closely at Comstock Inc (AMEX: LODE), its last 5-days average volume was 1.11 million, which is a jump from its year-to-date volume of 0.7 million. As of the previous 9 days, the stock’s Stochastic %D was 45.13%.
During the past 100 days, Comstock Inc’s (LODE) raw stochastic average was set at 64.18%, which indicates a significant increase from 52.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.25 in the past 14 days, which was higher than the 0.21 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.95, while its 200-day Moving Average is $3.18. However, in the short run, Comstock Inc’s stock first resistance to watch stands at $3.73. Second resistance stands at $3.92. The third major resistance level sits at $4.05. If the price goes on to break the first support level at $3.41, it is likely to go to the next support level at $3.28. Should the price break the second support level, the third support level stands at $3.09.
Comstock Inc (AMEX: LODE) Key Stats
With a market capitalization of 173.90 million, the company has a total of 35,931K Shares Outstanding. Currently, annual sales are 3,020 K while annual income is -53,320 K. The company’s previous quarter sales were 340 K while its latest quarter income was -7,830 K.
