In the past week, LODE stock has gone down by -10.12%, with a monthly decline of -6.21% and a quarterly surge of 166.56%. The volatility ratio for the week is 6.62%, and the volatility levels for the last 30 days are 11.34% for Comstock Inc The simple moving average for the past 20 days is -12.01% for LODE’s stock, with a 27.44% simple moving average for the past 200 days.
Is It Worth Investing in Comstock Inc (AMEX: LODE) Right Now?
Company’s 36-month beta value is 1.97.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for LODE is 198.22M, and currently, short sellers hold a 2.68% ratio of that floaft. The average trading volume of LODE on October 31, 2024 was 7.44M shares.
LODE) stock’s latest price update
Comstock Inc (AMEX: LODE)’s stock price has dropped by -5.08 in relation to previous closing price of 0.42. Nevertheless, the company has seen a loss of -10.12% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-22 that Comstock Inc. (NYSE:LODE ) Q3 2024 Earnings Call Transcript October 22, 2024 4:30 PM ET Company Participants Trevor Brucato – RB Milestone Group Corrado De Gasperis – Chair and CEO William McCarthy – COO Trevor Brucato Welcome everybody to Comstock’s Third Quarter 2024 Results and Business Update. This is Trevor Brucato with RB Milestone Group, Comstock’s US-based investor relations firm.
Analysts’ Opinion of LODE
Many brokerage firms have already submitted their reports for LODE stocks, with Singular Research repeating the rating for LODE by listing it as a “Buy.” The predicted price for LODE in the upcoming period, according to Singular Research is $2.25 based on the research report published on April 23, 2014 of the previous year 2014.
Global Hunter Securities, on the other hand, stated in their research note that they expect to see LODE reach a price target of $3.50. The rating they have provided for LODE stocks is “Speculative Buy” according to the report published on March 16th, 2012.
LODE Trading at 4.36% from the 50-Day Moving Average
After a stumble in the market that brought LODE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.92% of loss for the given period.
Volatility was left at 11.34%, however, over the last 30 days, the volatility rate increased by 6.62%, as shares sank -12.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +127.80% upper at present.
During the last 5 trading sessions, LODE fell by -10.70%, which changed the moving average for the period of 200-days by -18.89% in comparison to the 20-day moving average, which settled at $0.4582. In addition, Comstock Inc saw -26.41% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LODE starting from Drozdoff Leo M, who purchase 200,000 shares at the price of $0.15 back on Aug 14 ’24. After this action, Drozdoff Leo M now owns 600,000 shares of Comstock Inc, valued at $29,200 using the latest closing price.
BOBBILI RAHUL, the Chief Engineering Officer of Comstock Inc, purchase 25,000 shares at $0.25 during a trade that took place back on May 28 ’24, which means that BOBBILI RAHUL is holding 1,100,000 shares at $6,350 based on the most recent closing price.
Stock Fundamentals for LODE
Current profitability levels for the company are sitting at:
- -24.47 for the present operating margin
- 1.0 for the gross margin
The net margin for Comstock Inc stands at -26.9. The total capital return value is set at 1.12. Equity return is now at value -33.70, with -22.76 for asset returns.
Based on Comstock Inc (LODE), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at -0.58. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is 19.53.
Currently, EBITDA for the company is -17.01 million with net debt to EBITDA at -1.27. When we switch over and look at the enterprise to sales, we see a ratio of 29.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.45.
Conclusion
In a nutshell, Comstock Inc (LODE) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
