StockNews.com began coverage on shares of Comstock (NYSE:LODE – Free Report) in a report published on Tuesday. The brokerage issued a sell rating on the stock.
Comstock Trading Down 10.0 %
Shares of LODE opened at $0.28 on Tuesday. The business’s 50-day moving average price is $0.37 and its 200 day moving average price is $0.44. The stock has a market capitalization of $34.02 million, a P/E ratio of 3.78 and a beta of 2.01. Comstock has a 1-year low of $0.28 and a 1-year high of $0.99. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.07.
Comstock (NYSE:LODE – Get Free Report) last issued its quarterly earnings results on Wednesday, February 28th. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01. The firm had revenue of $0.45 million for the quarter, compared to analysts’ expectations of $1.10 million. Comstock had a negative return on equity of 4.04% and a net margin of 718.51%. Analysts expect that Comstock will post -0.15 earnings per share for the current year.
Hedge Funds Weigh In On Comstock
About Comstock
Comstock Inc engages in the systemic decarbonization business in Nevada and internationally. It operates through Renewable Energy, Mining, and Strategic and Other Investments segments. It will develop technology for the deploying of extraction and refining facilities that convert wasted and unused biomass and other natural resources; and a demonstration system to extract black mass containing lithium, graphite, nickel, cobalt, manganese, copper, aluminum, and other metals from up to lithium-ion batteries.
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