Comstock Inc (AMEX: LODE) Now $0.13 Higher From Its Low (0.01), Does It Still Have A Growth Story?

Comstock Inc (AMEX:LODE) currently has a daily average trading volume of 5.79M but it saw 9650469 shares traded in last market. With a market cap of 24.98M USD, the company’s current market price of $0.14 came falling about -6.80 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.63 and as low as $0.13. In the recent trading on the day, stock has struck highest price mark of $0.135 while lowest mark touched by it was $0.168.

Taking a look at 20-day trading activity of Comstock Inc (LODE) gives us an average price of $0.1554, while its current price level is -77.31% below from 52-week high level whereas it is 13.55% 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 $0.1706 while that of 200 days or SMA-200 reads an average of $0.3492. A closer look into the stock’s movement over the week reveals that its volatility is standing at 33.55% during that period while stretching the period over a month that decreases to 14.81%. 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 42.45 which implies that the stock is in neutral territory.

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 -5.25% down while it is -15.63% when we observe its performance for the past one month. Year-to-date it is -74.00% down and over the past year, the stock is showing a downside performance of -74.82%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.11 beat the consensus estimate of 0.02 for the same. In next quarter, company is expected to be making quarterly sales of $700k as analysts are expecting the sales for current fiscal year at $2.25M and seeing the company making $3.32M in sales next year. Moreover, analysts are in estimates of $690k for current-quarter revenue.

Currently, Comstock Inc’s total number of outstanding shares is 175.28M with 6.77% of that held by the insiders while 6.51% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.71% and return on equity (ROE) at 7.72%. It has a price to earnings ratio (P/E ratio) of 2.31. Stock’s beta reads 1.88. Stock has a price to book (P/B) ratio of 0.30 while price to sale or P/S ratio amounts to 12.07. Its return on asset (ROA) is 4.55% on average.