Comstock
Mining Inc (NYSE:LODE) was the recipient of a significant increase
in short interest in August. As of August 15th, there was short
interest totalling 3,040,352 shares, an increase of 12.5% from the
July 31st total of 2,701,442 shares. Based on an average trading
volume of 4,003,192 shares, the short-interest ratio is currently
0.8 days. Approximately 2.1% of the shares of the company are short
sold.
Shares of Comstock Mining (LODE) opened at 0.1802 on Tuesday. Comstock Mining has a 12 month low of $0.13 and a 12 month high of $0.41. The company has a 50 day moving average price of $0.19 and a 200-day moving average price of $0.20. The stock’s market cap is $37.85 million.
Comstock Mining (NYSE:LODE) last released its quarterly earnings results on Tuesday, August 1st. The mining company reported ($0.02) EPS for the quarter. Comstock Mining had a negative net margin of 10,715.09% and a negative return on equity of 98.83%. The firm had revenue of $0.03 million for the quarter. On average, equities research analysts predict that Comstock Mining will post ($0.07) earnings per share for the current year.
Comstock Mining Company Profile
Comstock Mining Inc is a gold and silver mining company. The Company holds properties in the Comstock and Silver City mining districts (collectively, the Comstock District). The Company’s segments include mining and real estate. The mining segment consists of the Company’s activities and expenditures associated with mining.
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