Comstock Mining Inc (LODE) Short Interest Up 7.1% in November
Comstock Mining Inc (NYSE:LODE) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,210,782 shares, a growth of 7.1% from the October 31st total of 1,130,689 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average trading volume of 426,225 shares, the days-to-cover ratio is currently 2.8 days.
Separately, Zacks Investment Research raised shares of Comstock Mining from a “sell” rating to a “hold” rating in a report on Monday, August 29th.
Shares of Comstock Mining (NYSE:LODE) opened at 0.236 on Wednesday. Comstock Mining has a one year low of $0.19 and a one year high of $0.62. The firm’s market capitalization is $43.54 million. The firm has a 50-day moving average of $0.26 and a 200-day moving average of $0.35.
Comstock Mining (NYSE:LODE) last released its quarterly earnings data on Thursday, October 20th. The mining company reported ($0.01) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.01. On average, equities analysts predict that Comstock Mining will post ($0.09) earnings per share for the current fiscal year.
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Comstock Mining Company Profile
Comstock Mining Inc is a gold and silver mining company. The Company holds properties in the Comstock and Silver City mining districts (collectively, the Comstock District). The Company’s segments include mining and real estate. The mining segment consists of the Company’s activities and expenditures associated with mining.
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