How Worried Should Investors Be About Comstock Inc (AMEX: LODE)

Comstock Inc (AMEX:LODE) does about 6.07M shares in volume on a normal day but saw 4973218 shares change hands in the recent trading day. The company now has a market cap of 27.01M USD. Its current market price is $0.15, marking an increase of 3.70% compared to the previous close of $0.15. The 52 week high reached by this stock is $0.63 whilst the lowest price level in 52 weeks is $0.13.

Comstock Inc (LODE) has a 20-day trading average at $0.1536 and the current price is -75.46% off the 52-week high compared with 22.79% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1676 and its 200-day simple moving average is $0.3468. If we look at the stock’s price movements over the week, volatility stands at 19.33%, which decreases to 15.07% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 47.83 to suggest the stock is neutral.

The consensus objective for the share price is $2.60, suggesting that the stock has a potential upside of 94.23% over the period.

0 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is nan and Wall Street’s advice is for investors to Strong Buy the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 23, 2014 when Singular Research initiated the stock to “Buy” and issued a price target of $2.25.

Comstock Inc (LODE) stock is up 2.19% over the week and -8.11% over the past month. Its price is -71.88% year-to-date and -69.78% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at -0.03 and -0.17 for whole year. Expected sales for next quarter are $700k, which analysts say will come at $2.25M for the current fiscal year and next year at $3.32M. In addition, estimates put the company’s current quarterly revenue at an average of $690k.

To reach the target analysts have set, the stock logically needs to grow 94.23 percent from here.

The company has a return on investment of 5.71% and return on equity of 7.72%. The price to earnings ratio (P/E ratio) amounts to 2.50. The beta has a value of 1.88. Price to book ratio is 0.32 and price to sales ratio is 13.05.