Comstock Inc (AMEX:LODE) shares traded -5.56% lower at $0.36 on Wall Street last session.
LODE stock price is now 79.64% away from the 50-day moving average and 12.66% away from the 200-day moving average. The market capitalization of the company currently stands at $63.73M.
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With the price target of $2.25, Singular Research recently initiated with Buy rating for Comstock Inc (AMEX: LODE). On March 16, 2012, Global Hunter Securities recently initiated its ‘Speculative Buy’ rating on the stock quoting a target price of $3.50
In other news, Drozdoff Leo M, Director bought 200,000 shares of the company’s stock on Aug 14 ’24. The stock was bought for $29,200 at an average price of $0.15. Upon completion of the transaction, the Director now directly owns 600,000 shares in the company, valued at $0.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 28 ’24, Chief Engineering Officer BOBBILI RAHUL bought 25,000 shares of the business’s stock. A total of $6,350 was incurred on buying the stock at an average price of $0.25. This leaves the insider owning 1,100,000 shares of the company worth $0.4 million. A total of 6.88% of the company’s stock is owned by insiders.
During the past 12 months, Comstock Inc has had a low of $0.13 and a high of $0.63. As of last week, the company has a debt-to-equity ratio of 0.14, a current ratio of 2.14, and a quick ratio of 2.14. The fifty day moving average price for LODE is $0.2066 and a two-hundred day moving average price translates $0.3226 for the stock.
The latest earnings results from Comstock Inc (AMEX: LODE) was released for 2024-06-30. The net profit margin was 230.25% and return on equity was 7.72% for LODE. The company reported revenue of $0.43 million for the quarter, compared to $35000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1142.86 percent.
