StockNews.com began coverage on shares of Comstock (NYSE:LODE – Free Report) in a report released on Monday. The brokerage issued a sell rating on the stock.
Comstock Price Performance
Shares of Comstock stock opened at $0.32 on Monday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.07. The firm has a market cap of $38.87 million, a P/E ratio of 3.96 and a beta of 2.00. Comstock has a fifty-two week low of $0.28 and a fifty-two week high of $0.99. The business has a 50-day moving average price of $0.38 and a 200 day moving average price of $0.44.
Comstock (NYSE:LODE – Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.01. The firm had revenue of $0.45 million during the quarter, compared to analyst estimates of $1.10 million. Comstock had a negative return on equity of 4.04% and a net margin of 718.51%. On average, sell-side analysts forecast that Comstock will post -0.15 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Comstock
Comstock Company Profile
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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