While news from the company has been largely positive, with its Covid-19 vaccine receiving emergency approval from the U.S. FDA and dosing starting in the U.S., the decline in the stock is likely largely technical.
Full Answer
How much is a lode stock worth?
One share of LODE stock can currently be purchased for approximately $1.40. How much money does Comstock Mining make? Comstock Mining has a market capitalization of $91.42 million and generates $200 thousand in revenue each year.
What is Comstock mining's (Lode) stock symbol?
Comstock Mining trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "LODE." Who are Comstock Mining's major shareholders? Comstock Mining's stock is owned by many different retail and institutional investors.
Is Lode a sell or buy on Robinhood?
Today LODE ranks #10905 as sell candidate. Get a Free Stock at Robinhood Which way will LODE go? * StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
Will Comstock mining (Lode) outperform or underperform the S&P 500 over the long term?
Vote “Outperform” if you believe LODE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LODE will underperform the S&P 500 over the long term. You may vote once every thirty days. Comstock Mining does not currently pay a dividend. Comstock Mining does not have a long track record of dividend growth.
Will LODE stock go back up?
Based on our forecasts, a long-term increase is expected, the "LODE" stock price prognosis for 2027-05-21 is 3.946 USD. With a 5-year investment, the revenue is expected to be around +393.24%. Your current $100 investment may be up to $493.24 in 2027. Get It Now!
Is LODE stock a good buy?
The financial health and growth prospects of LODE, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.
Why is Comstock Mining down?
The company halted mining operations in 2016 and has been undergoing a painful reorganization process. In 2020 they reached a turning point in the reorganization and are now poised for growth in 2021 and beyond having entered into exciting new businesses outside of mining for gold.
What does Comstock Mining Inc do?
Comstock Mining Inc. engages in the exploration, development, and production of mineral properties in Nevada. The company explores for gold, silver, lithium, nickel, cobalt, and mercury ores. It operates in two segments, Mining and Real Estate.
Should I invest in Comstock?
USD 0.80 0.01 1.27% Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Comstock Mining is 'Strong Buy'.
Is the Comstock Lode still being mined?
returned gold and silver production to the Comstock with its first pour of doré bullion and continues surface mining in lower Gold Hill.
What is the difference between placer and lode gold?
Gold is found in two basic forms in the US, placer gold and lode gold. Lode gold is embedded in hard rock ore and must be mined with shovels, pick axes, jackhammers, and the like from open pit mines or mine shafts. Placer gold is residual gold flakes or nuggets that can be collected by panning or dredging.
Is there still mining in Virginia City?
Virginia City Mines Today the mine is open for visitors. A guided tour lasts 45-minutes and is a 400-foot level walk. Visitors will see the original square-set timbering, silver ore, rock drills, as well as displays of old equipment.
Who found the Comstock Lode?
The 19th-century mining bonanza that turned Virginia City into the most important industrial city between Denver and San Francisco, was the result of the Comstock Lode. A rich deposit of silver ore discovered by Henry Comstock, part-owner of the property on which it was discovered, in June 1859.
What is the California mountain range where the mother lode is located?
the Sierra NevadaIn the United States, Mother Lode is most famously the name given to a long alignment of hard-rock gold deposits stretching northwest-southeast in the Sierra Nevada of California, bounded on the east by the Melones Fault Zone. It was discovered in the early 1850s, during the California gold rush.
Should I buy or sell Comstock Mining stock right now?
1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Comstock Mining in the last twelve months. There are currently 1...
What is Comstock Mining's stock price forecast for 2022?
1 brokerages have issued twelve-month price objectives for Comstock Mining's shares. Their forecasts range from $9.25 to $9.25. On average, they pr...
How has Comstock Mining's stock performed in 2022?
Comstock Mining's stock was trading at $1.47 at the start of the year. Since then, LODE stock has decreased by 46.8% and is now trading at $0.7819....
When is Comstock Mining's next earnings date?
Comstock Mining is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022. View our earnings forecast for Comsto...
How were Comstock Mining's earnings last quarter?
Comstock Mining Inc. (NYSEAMERICAN:LODE) posted its quarterly earnings results on Tuesday, May, 3rd. The mining company reported ($0.02) earnings p...
Who are Comstock Mining's key executives?
Comstock Mining's management team includes the following people: Mr. Corrado F. De Gasperis , Exec. Chairman & CEO (Age 56, Pay $531.9k) Mr. Kev...
Who are some of Comstock Mining's key competitors?
Some companies that are related to Comstock Mining include NextSource Materials (NSRCF) , Platinum Group Metals (PLG) , Platinum Group Metals (P...
What other stocks do shareholders of Comstock Mining own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Comstock Mining investors own include Vista Gold (VGZ) ,...
What is Comstock Mining's stock symbol?
Comstock Mining trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "LODE."
About Comstock Mining
Comstock Mining, Inc. engages in the exploration and development of mineral properties. It operates through the following segments: Mining and Real Estate. The Mining segment consists of all activities and expenditures associated with mining, exploration and mine development.
Headlines
Thinking about buying stock in Pliant Therapeutics, Comstock Mining, Metromile, Progenity, or Paya Holdings?
Comstock Mining (NYSEAMERICAN:LODE) Frequently Asked Questions
1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Comstock Mining in the last twelve months. There are currently 1 buy rating for the stock.
It's a short attack!
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
Shares of Comstock Mining ( NYSEMKT:LODE), a Nevada-based gold and silver miner with ambitions to enter the market for recycling lithium-ion batteries, crashed in morning trading today. As of 1:30 p.m. EST on Wednesday, Comstock remains down 11.1%.
So what
In a report released today, short-seller Spruce Point Capital Management warns that "sector hype" and investors ignoring valuations and failing to do their due diligence have artificially inflated the stock of certain companies, Comstock Mining among them.
Now what
Spruce Point says it's especially concerned with Comstock's $11 million investment, alongside Aqua Metals, to acquire majority ownership of LiNiCo, a start-up lithium-ion battery recycler.
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