Comstock Mining Inc (LODE) Short Interest Up 15.3% in October
Comstock Mining Inc (NYSE:LODE) was the recipient of a significant increase in short interest during the month of October. As of October 13th, there was short interest totalling 3,497,833 shares, an increase of 15.3% from the September 29th total of 3,034,399 shares. Based on an average daily trading volume, of 2,465,842 shares, the short-interest ratio is presently 1.4 days. Currently, 2.2% of the company’s shares are sold short.
Shares of Comstock Mining (NYSE LODE) traded up 1.4961% during trading on Tuesday, reaching $0.1289. The company’s stock had a trading volume of 2,715,606 shares. The firm’s market cap is $27.07 million. The company’s 50 day moving average price is $0.16 and its 200 day moving average price is $0.18. Comstock Mining has a 12 month low of $0.12 and a 12 month high of $0.32.
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 company had revenue of $0.03 million during the quarter. On average, equities 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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