At the time of writing, Comstock Inc [LODE] stock is trading at $0.40, up 9.61%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LODE shares have gain 4.42% over the last week, with a monthly amount drifted -17.33%, and not seem to be holding up well over a long-time horizon.
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On 28, February 2024, Comstock Announces Full Year 2023 Results. In a post published today on Yahoo Finance, Recorded Investment Gains of Over $25 million and Full Year Net Income of Over $10.5 million.
From an analyst’s perspective:
Comstock Inc [AMEX: LODE] stock has seen the most recent analyst activity on April 23, 2014, when Singular Research initiated its Buy rating and assigned the stock a price target of $2.25. Previously, Global Hunter Securities started tracking the stock with Speculative Buy rating on March 16, 2012, and set its price target to $3.50.
For the past year, the stock price of Comstock Inc fluctuated between $0.28 and $0.99. Comstock Inc [AMEX: LODE] shares were valued at $0.40 at the most recent close of the market.
Analyzing the LODE fundamentals
According to Comstock Inc [AMEX:LODE], the company’s sales were 1.27M for trailing twelve months, which represents an 1355.78% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is 39.24%. To continue investigating profitability, this company’s Return on Assets is posted at -11333.69, Equity is -19753.7 and Total Capital is -0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.3686 points at the first support level, and at 0.3404 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4274, and for the 2nd resistance point, it is at 0.4580.
Comstock Inc [LODE] reported earnings per share of $0.08 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.04/share, meaning a difference of $0.12 and a surprise factor of 300.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.11 per share as compared to estimates of $0.02 per share, a difference of $0.09 representing a surprise of 450.00%.
Ratios To Look Out For
It is important to note that Comstock Inc [AMEX:LODE] has a current ratio of 1.56. As well, the Quick Ratio is 1.56, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 36.19, the price to book ratio is 0.58 and price to earnings (TTM) ratio is 5.91.
Transactions by insiders
Recent insider trading involved Drozdoff Leo M, Director, that happened on Nov 09 ’23 when 40000.0 shares were purchased. Chief Operating Officer, MCCARTHY WILLIAM JOSEPH completed a deal on Oct 27 ’23 to buy 24000.0 shares. Meanwhile, Chief Operating Officer MCCARTHY WILLIAM JOSEPH bought 3000.0 shares on Oct 27 ’23.
