Comstock Inc. (AMEX:LODE) currently has a daily average trading volume of 1.07M but it saw 1913673 shares traded on Thursday. With a market cap of 37.76M USD, stock’s current market price of $0.36 came rising about 22.09 while comparing to the previous closing price of $0.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.89 and as low as $0.24. In the recent trading on the day, stock has struck highest price mark of $0.37 while lowest mark touched by it was $0.31.
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Taking a look at 20-day trading activity of Comstock Inc. (LODE) gives us an average price of $0.3113, while its current price level is -80.73% below from 52-week high level whereas it is 51.62% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4079 while that of 200 days or SMA-200 reads an average of $0.4758. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.39% during that period while stretching the period over a month that decreases to 12.25%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.51 which implies that the stock is in neutral territory.
Comstock Inc. (LODE)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $4.75 and $4.75 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $4.75 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $4.75. Average price target assigned by them is $4.75 which highlights an upside potential of 92.42% for the stock over that period. And to attain the median price target of $4.75 assigned by those analysts, stock has to add about 92.42% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 0 advised them to Hold.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Singular Research which initiated the stock as “Buy” in its note to investors issued on April 23, 2014, recommending a price target of $2.25 for it.
Over the week, LODE’s stock price is moving 12.41% up while it is -0.22% when we observe its performance for the past one month. Year-to-date it is 32.44% up and over the past year, the stock is showing a downside performance of -77.79%.
The latest quarterly earnings report issued by the company was for quarter ended 9/29/2022, when its quarterly earnings per share (EPS) of -$0.07 beat the consensus estimate of -$0.08 for the same. The company is expected to be releasing its next quarterly report in 05/11/2023, for which analysts forecasted an EPS of -$0.05 while estimate for next year EPS is -$0.4. For LODE, analysts are forecasting an EPS-growth rate of -300.00% for current year and estimate for EPS growth in next year is 117.50%. Moreover, analysts are in estimates of $40k for current-quarter revenue.
Currently, Comstock Inc.’s total number of outstanding shares is 76.48M with 21.93% of that held by the insiders while 4.66% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -7.60% and return on equity (ROE) at -54.50%. It has a 5.20 of forward P/E ratio. Stock’s beta reads 1.89. Stock has a price to book (P/B) ratio of 0.40 while price to sale or P/S ratio amounts to 75.51. Its return on asset (ROA) is -35.50% on average.
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