Comstock Mining Inc. (AMEX:LODE) currently has a daily average trading volume of 586.34K but it saw 224227401 shares traded on Monday. With a market cap of 116.00M USD, the company’s enterprise value now stands nearly at $29.54M. Stock’s current market price of $1.45 came rising about 83.54 while comparing to the previous closing price of $0.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.10 and as low as $0.23. In the recent trading on the day, stock has struck highest price mark of $2.12 while lowest mark touched by it was $1.32.
Taking a look at 20-day trading activity of Comstock Mining Inc. (LODE) gives us an average price of $0.8113, while its current price level is 31.82% below from 52-week high level whereas it is 530.43% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.7924 while that of 200 days or SMA-200 reads an average of $0.5764. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.41% during that period while stretching the period over a month that decreases to 14.74%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 81.44 which implies that the stock is in overbought territory.
Comstock Mining Inc. (LODE)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $4.50 and $4.50 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $4.50 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $4.50. Average price target assigned by them is $4.50 which highlights an upside potential of 67.78% for the stock over that period. And to attain the median price target of $4.50 assigned by those analysts, stock has to add about 67.78% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 0 advised them to Hold.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Singular Research which initiated the stock as “Buy” in its note to investors issued on April 23, 2014, recommending a price target of $2.25 for it.
Over the week, LODE’s stock price is moving 73.03% up while it is 123.83% when we observe its performance for the past one month. Year-to-date it is 228.50% up and over the past year, the stock is showing an upside performance of 155.24%.
The company is expected to be releasing its next quarterly report in 11/03/2020, for which analysts forecasted an EPS of -$0.05 while estimate for next year EPS is -$0.14. In next quarter, company is expected to be making quarterly sales of $50.64 million as analysts are expecting the sales for current fiscal year at $198.1 million and seeing the company making $211.3 million in sales next year. Moreover, analysts are in estimates of $49.9 million for current-quarter revenue.
Currently, Comstock Mining Inc.’s total number of outstanding shares is 28.25M with 22.04% of that held by the insiders while 10.42% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -20.40%. Stock’s beta reads 1.10. Stock has a price to book (P/B) ratio of 1.49 while price to sale or P/S ratio amounts to 580.00.
A filing at the U.S. Securities and Exchange Commission revealed that US Global Investors – World Preci came shrinking its share ownership by 0.00% in the Comstock Mining Inc. (LODE) decreasing its stake to 0.38% with control over 0.0 shares in the company. In the most recent quarter, Vanguard Extended Market Index Fu came cutting its stake by 0.00% in the company and now holds 47870.0 or 0.17% of the company’s stake having worth of about 38535.0.