Comstock Mining Inc

Company Profile

Comstock Mining Inc had its IPO on 2003-03-18 under the ticker symbol LODE.

The company operates in the Real Estate sector and Real Estate Services industry. Comstock Mining Inc has a staff strength of 33 employees.

Stock update

Shares of Comstock Mining Inc opened at $0.4 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.4 - $0.41, and closed at $0.4.

This is a -3% slip from the previous day's closing price.

A total volume of 215,747 shares were traded at the close of the day’s session.

In the last one week, shares of Comstock Mining Inc have increased by +1.97%.

Comstock Mining Inc's Key Ratios

Comstock Mining Inc has a market cap of $44.82 million, indicating a price to book ratio of 0.3804 and a price to sales ratio of 48.0348.

In the last 12-months Comstock Mining Inc’s revenue was $136675 with a gross profit of $178150 and an EBITDA of $-19095756. The EBITDA ratio measures Comstock Mining Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Comstock Mining Inc’s operating margin was -15637.45% while its return on assets stood at -11.99% with a return of equity of -58.94%.

In Q2, Comstock Mining Inc’s quarterly earnings growth was a positive 2693.3% while revenue growth was a negative 33.3%.

Comstock Mining Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.43 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Comstock Mining Inc’s profitability.

Comstock Mining Inc stock is trading at a EV to sales ratio of 81.5015 and a EV to EBITDA ratio of -0.9901. Its price to sales ratio in the trailing 12-months stood at 48.0348.

Comstock Mining Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$104.98 million

Total Liabilities

$44.35 million

Operating Cash Flow

$-4165853.00

Capital Expenditure

$28012

Dividend Payout Ratio

0%

Comstock Mining Inc ended 2024 with $104.98 million in total assets and $0 in total liabilities. Its intangible assets were valued at $104.98 million while shareholder equity stood at $48.47 million.

Comstock Mining Inc ended 2024 with $0 in deferred long-term liabilities, $44.35 million in other current liabilities, 70393.00 in common stock, $-302628857.00 in retained earnings and $0 in goodwill. Its cash balance stood at $1.59 million and cash and short-term investments were $13.20 million. The company’s total short-term debt was $3,475,984 while long-term debt stood at $3.74 million.

Comstock Mining Inc’s total current assets stands at $41.12 million while long-term investments were $13.46 million and short-term investments were $11.62 million. Its net receivables were $5.94 million compared to accounts payable of $1.05 million and inventory worth $21.16 million.

In 2024, Comstock Mining Inc's operating cash flow was $-4165853.00 while its capital expenditure stood at $28012.

Comparatively, Comstock Mining Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.4

52-Week High

$0.99

52-Week Low

$0.2402

Analyst Target Price

$3.75

Comstock Mining Inc stock is currently trading at $0.4 per share. It touched a 52-week high of $0.99 and a 52-week low of $0.99. Analysts tracking the stock have a 12-month average target price of $3.75.

Its 50-day moving average was $0.54 and 200-day moving average was $0.49 The short ratio stood at 1.05 indicating a short percent outstanding of 0%.

Around 1023.8% of the company’s stock are held by insiders while 454.6% are held by institutions.