The stock price of Comstock Inc (AMEX: LODE) has dropped by -8.28 compared to previous close of 0.29. Despite this, the company has seen a fall of -25.29% in its stock price over the last five trading days. seekingalpha.com reported 2025-02-23 that Comstock Resources operates in the high-cost Haynesville dry gas basin. The company’s earnings were impacted by unrealized derivative losses. Derivative contracts are an opportunity cost for guaranteed cash flow, with actual gains or losses determined upon contract settlement.
Is It Worth Investing in Comstock Inc (AMEX: LODE) Right Now?
Moreover, the 36-month beta value for LODE is 1.55. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for LODE is 223.01M and currently, short sellers hold a 4.21% of that float. On February 24, 2025, LODE’s average trading volume was 9.18M shares.
LODE’s Market Performance
The stock of Comstock Inc (LODE) has seen a -25.29% decrease in the past week, with a -31.70% drop in the past month, and a -28.29% fall in the past quarter. The volatility ratio for the week is 9.97%, and the volatility levels for the past 30 days are at 9.36% for LODE. The simple moving average for the past 20 days is -25.15% for LODE’s stock, with a -17.78% simple moving average for the past 200 days.
Analysts’ Opinion of LODE
Singular Research, on the other hand, stated in their research note that they expect to see LODE reach a price target of $2.25. The rating they have provided for LODE stocks is “Buy” according to the report published on April 23rd, 2014.
Global Hunter Securities gave a rating of “Speculative Buy” to LODE, setting the target price at $3.50 in the report published on March 16th of the previous year.
LODE Trading at -36.10% 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 -74.00% of loss for the given period.
Volatility was left at 9.36%, however, over the last 30 days, the volatility rate increased by 9.97%, as shares sank -30.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.27% lower at present.
During the last 5 trading sessions, LODE fell by -25.21%, which changed the moving average for the period of 200-days by +6.01% in comparison to the 20-day moving average, which settled at $0.3508. In addition, Comstock Inc saw -67.20% 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:
- -15.07 for the present operating margin
- -0.13 for the gross margin
The net margin for Comstock Inc stands at -12.1. The total capital return value is set at -0.31. 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 -0.73. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is -10.67.
Currently, EBITDA for the company is 15.07 million with net debt to EBITDA at -0.88. When we switch over and look at the enterprise to sales, we see a ratio of 41.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.45.
Conclusion
To wrap up, the performance of Comstock Inc (LODE) has been bad in recent times. The stock has received a mixed of “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.
