Short Interest in Comstock Mining Inc (NYSE:LODE) Expands By 2.0%
Comstock Mining Inc (NYSE:LODE) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 2,701,442 shares, an increase of 2.0% from the July 14th total of 2,647,397 shares. Based on an average daily trading volume, of 3,872,513 shares, the short-interest ratio is currently 0.7 days. Currently, 1.9% of the company’s shares are short sold.
Comstock Mining (LODE) opened at 0.195 on Monday. Comstock Mining has a 12-month low of $0.13 and a 12-month high of $0.44. The company has a 50-day moving average price of $0.18 and a 200-day moving average price of $0.20. The stock’s market capitalization is $40.96 million.
Comstock Mining (NYSE:LODE) last released its quarterly earnings data on Tuesday, August 1st. The mining company reported ($0.02) EPS for the quarter. The firm had revenue of $0.03 million for the quarter. Comstock Mining had a negative return on equity of 98.83% and a negative net margin of 10,715.09%. On average, equities research analysts forecast that Comstock Mining will post ($0.07) earnings per share for the current year.
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About Comstock Mining
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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