FY2027 EPS Estimates for Comstock Decreased by Analyst

Comstock Inc. (NYSEAMERICAN:LODE) – Noble Financial lowered their FY2027 earnings estimates for Comstock in a note issued to investors on Wednesday, February 4th. Noble Financial analyst M. Reichman now forecasts that the company will earn $0.33 per share for the year, down from their prior estimate of $0.44. Noble Financial currently has a “Market Perform” rating on the stock. The consensus estimate for Comstock’s current full-year earnings is ($0.22) per share.

Comstock Stock Performance

Shares of NYSEAMERICAN:LODE opened at $2.69 on Thursday. The firm’s 50 day simple moving average is $3.66 and its 200-day simple moving average is $3.31. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.54 and a current ratio of 2.54. Comstock has a one year low of $1.67 and a one year high of $4.80. The firm has a market cap of $137.89 million, a PE ratio of -2.24 and a beta of 1.66.

Comstock (NYSEAMERICAN:LODE) last announced its quarterly earnings data on Wednesday, October 29th. The company reported ($0.31) earnings per share for the quarter. The company had revenue of $0.05 million for the quarter. Comstock had a negative net margin of 1,893.74% and a negative return on equity of 58.44%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Virtu Financial LLC purchased a new stake in shares of Comstock in the 3rd quarter worth $44,000. Belvedere Trading LLC purchased a new position in shares of Comstock during the second quarter valued at $55,000. Marathon Capital Management raised its holdings in shares of Comstock by 48.1% in the third quarter. Marathon Capital Management now owns 20,000 shares of the company’s stock valued at $68,000 after acquiring an additional 6,500 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of Comstock in the third quarter valued at about $78,000. Finally, Citizens Financial Group Inc. RI purchased a new stake in Comstock in the second quarter worth about $152,000. 7.96% of the stock is currently owned by hedge funds and other institutional investors.

Comstock Company Profile

Comstock Mining, Inc (NYSE: LODE) is a growth-oriented mineral exploration and production company focused on the historic Comstock Lode in Virginia City, Nevada. The company’s primary business activities include the development, extraction and sale of gold and silver from its flagship Lucerne project. Comstock leverages modern mining techniques and infrastructure to access high-grade ore bodies in one of North America’s most renowned silver-gold districts.

In addition to its core precious metals operations, Comstock Mining maintains a commercial real estate division centered in Virginia City’s historic district.