Comstock (NYSEAM:LODE) - Stock Price, News & Analysis

LODE Stock Overview

Engages in the systemic decarbonization business in Nevada and internationally. More details

LODE fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Revenue is forecast to grow 52.88% per year

Risk Analysis

Shareholders have been substantially diluted in the past year

Has less than 1 year of cash runway

Earnings have declined by 24.2% per year over past 5 years

Highly volatile share price over the past 3 months compared to the US market

+ 2 more risks

Comstock Inc. Competitors

Blue Dolphin Energy

OTCPK:BDCO

US$48.2m

Highwater Ethanol

OTCPK:HEOL

US$74.9m

Adams Resources & Energy

NYSEAM:AE

US$95.6m

Red Trail Energy

OTCPK:REGX

US$152.6m

Price History & Performance

Summary of all time highs, changes and price drops for Comstock
Historical stock prices
Current Share Price	US$0.34
52 Week High	US$0.72
52 Week Low	US$0.13
Beta	1.99
11 Month Change	-29.82%
3 Month Change	79.88%
1 Year Change	-30.64%
33 Year Change	-80.43%
5 Year Change	2.24%
Change since IPO	-99.90%

Recent updates

Shareholder Returns

	LODE	US Oil and Gas	US Market
7D	5.7%	1.9%	-1.0%
1Y	-30.6%	16.1%	30.3%

Return vs Industry: LODE underperformed the US Oil and Gas industry which returned 16.1% over the past year.

Return vs Market: LODE underperformed the US Market which returned 30.3% over the past year.

Price Volatility

Is LODE's price volatile compared to industry and market?
LODE volatility
LODE Average Weekly Movement	20.0%
Oil and Gas Industry Average Movement	5.3%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: LODE's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: LODE's weekly volatility has increased from 14% to 20% over the past year.

About the Company

Founded	Employees	CEO	Website
2008	36	Corrado De Gasperis	www.comstock.inc

Comstock Inc. engages in the systemic decarbonization business in Nevada and internationally. It operates through five segments: Fuels, Metals, Mining, Strategic Investments, and Corporate Services. It develops and commercializes technology that extract and convert wasted and unused lignocellulosic biomass into intermediates for refining into advanced renewable fuels.

Comstock Inc. Fundamentals Summary

How do Comstock's earnings and revenue compare to its market cap?
LODE fundamental statistics
Market cap	US$73.15m
Earnings (TTM)	-US$22.57m
Revenue (TTM)	US$1.86m

38.7x

P/S Ratio

-3.2x

P/E Ratio

Is LODE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LODE income statement (TTM)
Revenue	US$1.86m
Cost of Revenue	US$0
Gross Profit	US$1.86m
Other Expenses	US$24.43m
Earnings	-US$22.57m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.11
Gross Margin	100.00%
Net Profit Margin	-1,210.24%
Debt/Equity Ratio	16.5%

How did LODE perform over the long term?

See historical performance and comparison

LODE Stock Overview

Rewards

Risk Analysis

Comstock Inc. Competitors

OTCPK:BDCO

US$48.2m

OTCPK:HEOL

US$74.9m

NYSEAM:AE

US$95.6m

OTCPK:REGX

US$152.6m

Price History & Performance

Recent News & Updates

Comstock Inc. (NYSEAM:LODE) completed the acquisition of remaining 50% majority stake in Quantum Generative Materials LLC.

New major risk - Financial position

Third quarter 2024 earnings released: US$0.08 loss per share (vs US$0.11 profit in 3Q 2023)

Comstock Inc. (NYSEAM:LODE) agreed to acquire remaining majority stake in Quantum Generative Materials LLC.

Comstock Inc. announced that it expects to receive $5 million in funding from Kips Bay Select LP

Price target decreased by 31% to US$2.60

Recent updates

Comstock Inc. (NYSEAM:LODE) completed the acquisition of remaining 50% majority stake in Quantum Generative Materials LLC.

New major risk - Financial position

Third quarter 2024 earnings released: US$0.08 loss per share (vs US$0.11 profit in 3Q 2023)

Comstock Inc. (NYSEAM:LODE) agreed to acquire remaining majority stake in Quantum Generative Materials LLC.

Comstock Inc. announced that it expects to receive $5 million in funding from Kips Bay Select LP

Price target decreased by 31% to US$2.60

Second quarter 2024 earnings released: US$0.06 loss per share (vs US$0.054 loss in 2Q 2023)

Comstock Inc. announced that it expects to receive $325 million in funding

Comstock Inc. announced a financing transaction

New minor risk - Share price stability

First quarter 2024 earnings released: US$0.059 loss per share (vs US$0.06 loss in 1Q 2023)

Comstock Inc. announced a financing transaction

Comstock Inc., Annual General Meeting, May 30, 2024

Comstock Inc., Annual General Meeting, May 30, 2024

Comstock Inc. has filed a Follow-on Equity Offering in the amount of $5 million.

Full year 2023 earnings released: EPS: US$0.087 (vs US$0.62 loss in FY 2022)

Comstock Inc. Receives Air Quality Permit from the State of Nevada

Comstock Inc.(NYSEAM:LODE) acquired remaining 10% stake in LINICO Corporation from Aqua Metals, Inc. (NasdaqCM:AQMS) for 0.6 millions.

Comstock Inc. announced that it has received $5.513157 million in funding

Comstock Inc. announced that it has received $2 million in funding

New major risk - Shareholder dilution

Third quarter 2023 earnings released: EPS: US$0.11 (vs US$0.067 loss in 3Q 2022)

Second quarter 2023 earnings released: US$0.054 loss per share (vs US$0.20 loss in 2Q 2022)

New major risk - Share price stability

First quarter 2023 earnings released: US$0.06 loss per share (vs US$0.095 loss in 1Q 2022)

Price target decreased by 15% to US$4.25

Full year 2022 earnings released: US$0.62 loss per share (vs US$0.49 loss in FY 2021)

Comstock Inc. Announces Comstock Technology Produces Circular Renewable Fuels

Comstock Inc. Announces Dayton Mineral Resource Report Significantly Expands Gold and Silver Resources

Price target decreased to US$5.00

Third quarter 2022 earnings released: US$0.067 loss per share (vs US$0.17 loss in 3Q 2021)

Comstock Inc. announced that it has received $0.375 million in funding

Comstock Inc.'s Cellulosic Ethanol Technology Ready for Commercial Deployment

An unknown buyer acquired Daney Ranch property located near Dayton, Nevada from Comstock Inc. (NYSEAM:LODE) for $2.7 million.

Second quarter 2022 earnings released: US$0.20 loss per share (vs US$0.15 loss in 2Q 2021)

Comstock Inc. Announces Significant Expansion of Its Cellulosic Technology Portfolio by Filing for A New Patent

Comstock Inc. announced that it expects to receive $2 million in funding from Tysadco Partners, LLC

Comstock Mining Inc. Approves the Appointment Kristin M. Slanina as Director At the Annual General Meeting Held on May 26, 2022

Price target decreased to US$5.75

First quarter 2022 earnings released: US$0.095 loss per share (vs US$0.22 profit in 1Q 2021)

Full year 2021 earnings released: US$0.49 loss per share (vs US$0.49 profit in FY 2020)

Comstock Mining Inc. (NYSEAM:LODE) acquired an additional 45% stake in LINICO Corporation from Michael Vogel for $4.5 million.

Independent Director recently bought US$61k worth of stock

Price target decreased to US$7.25

Third quarter 2021 earnings released: US$0.17 loss per share (vs US$0.54 profit in 3Q 2020)

Investor sentiment deteriorated over the past week

Comstock Mining Inc Commences Production at Mercury and Gold Extraction Facility

Comstock Mining Inc. (NYSEAM:LODE) acquired Plain Sight Innovations LLC from Triple Point Asset Management LLC and Global Catalytic Disruptor Fund LLC for $26 million.

Second quarter 2021 earnings released: US$0.15 loss per share (vs US$0.045 profit in 2Q 2020)

Comstock Mining Inc. (NYSEAM:LODE) acquired Renewable Process Solutions, Inc.

Price target increased to US$9.25

Comstock Mining Inc. has completed a Follow-on Equity Offering in the amount of $16 million.

Comstock Mining Inc. to Report Q3, 2020 Results on Nov 17, 2020

Comstock Mining Launches Geophysical Surveys of the Southern Comstock District Dayton Resource Area and Spring Valley Exploration Targets

Comstock Mining Inc. Announces Resignation of John Clark Gillam from the Board of Directors

Tonogold Resources, Inc. (OTCPK:TNGL) completed the acquisition of Comstock Mining LLC from Comstock Mining Inc. (AMEX:LODE) for $24.4 million.

Comstock Mining Inc. announced that it expects to receive $4.475 million in funding

Comstock Mining Inc. (AMEX:LODE) completed the acquisition of 25% stake in Sutro Tunnel Company for $0.6 million.

Shareholder Returns