Comstock Inc (AMEX:LODE) shares, rose in value, with the stock price down by -5.56% to the previous day’s close as strong demand from buyers drove the stock to $2.04.
Actively observing the price movement in the last trading, the stock closed the session at $2.16, falling within a range of $1.95 and $2.13. The value of beta (5-year monthly) was 1.52. Referring to stock’s 52-week performance, its high was $10.10, and the low was $1.25. On the whole, LODE has fluctuated by -21.54% over the past month.
With the market capitalization of Comstock Inc currently standing at about $54.88 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-05.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.95M, with a low estimate of 894.2k and a high estimate of 894.2k. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 894.2k.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LODE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of LODE currently trading nearly -7.92% and -22.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.95, while the 7-day volatility ratio is showing 8.60% which for the 30-day chart, stands at 9.26%. Furthermore, Comstock Inc (LODE)’s beta value is 1.53, and its average true range (ATR) is 0.23.
A comparison of Comstock Inc (LODE) with its peers suggests the former has fared considerably weaker in the market. LODE showed an intraday change of -5.56% in last session, and over the past year, it shrunk by -34.68%%.
Data on historical trading for Comstock Inc (AMEX:LODE) indicates that the trading volumes over the past 10 days have averaged 0.43 and over the past 3 months, they’ve averaged 500.65K. According to company’s latest data on outstanding shares, there are 26.90 million shares outstanding.
Nearly 5.07% of Comstock Inc’s shares belong to company insiders and institutional investors own 6.14% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.45 million shares as on 2025-03-31, resulting in a short ratio of 3.41. According to the data, the short interest in Comstock Inc (LODE) stood at 598.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.34 million. The stock has fallen by -74.52% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LODE stock heading into the next quarter.
