Comstock Net Income from 2010 to 2024

LODE Stock  USD 0.38  0.04  11.76%   
Comstock Mining's Net Income is increasing over the years with very volatile fluctuation. Overall, Net Income is expected to go to about 9.6 M this year. During the period from 2010 to 2024 Comstock Mining Net Income annual values regression line had geometric mean of  10,229,314 and mean square error of 464.6 T. View All Fundamentals
 
Net Income  
First Reported
2001-03-31
Previous Quarter
-8.6 M
Current Value
-15 M
Quarterly Volatility
8.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comstock Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comstock Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 1.5 M or Selling General Administrative of 12 M, as well as many indicators such as Price To Sales Ratio of 42.94, Dividend Yield of 0.0 or PTB Ratio of 0.77. Comstock financial statements analysis is a perfect complement when working with Comstock Mining Valuation or Volatility modules.
  
Check out the analysis of Comstock Mining Correlation against competitors.
For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.

Latest Comstock Mining's Net Income Growth Pattern

Below is the plot of the Net Income of Comstock Mining over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Comstock Mining financial statement analysis. It represents the amount of money remaining after all of Comstock Mining operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Comstock Mining's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comstock Mining's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 9.16 M10 Years Trend
Very volatile
   Net Income   
       Timeline  

Comstock Net Income Regression Statistics

Arithmetic Mean(12,477,191)
Geometric Mean10,229,314
Coefficient Of Variation(166.62)
Mean Deviation13,272,235
Median(10,454,427)
Standard Deviation20,789,353
Sample Variance432.2T
Range87.2M
R-Value0.04
Mean Square Error464.6T
R-Squared0
Significance0.88
Slope199,839
Total Sum of Squares6050.8T

Comstock Net Income History

20249.6 M
20239.2 M
2022-72.3 M
2021-24.6 M
202014.9 M
2019-7.1 M
2018-9.5 M

Other Fundumenentals of Comstock Mining

Comstock Mining Net Income component correlations

About Comstock Mining Financial Statements

Comstock Mining stakeholders use historical fundamental indicators, such as Comstock Mining's Net Income, to determine how well the company is positioned to perform in the future. Although Comstock Mining investors may analyze each financial statement separately, they are all interrelated. For example, changes in Comstock Mining's assets and liabilities are reflected in the revenues and expenses on Comstock Mining's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Comstock Mining. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income9.2 M9.6 M
Net Income From Continuing Ops10.5 M11.1 M
Net Loss-52.8 M-50.2 M
Net Income Per Share 0.09  0.09 
Net Income Per E B T 0.87  1.67 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Comstock Mining is a strong investment it is important to analyze Comstock Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Comstock Mining's future performance. For an informed investment choice regarding Comstock Stock, refer to the following important reports:
Check out the analysis of Comstock Mining Correlation against competitors.
For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Mining. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
26.933
Earnings Share
(0.12)
Revenue Per Share
0.013
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.12)
The market value of Comstock Mining is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Mining's value that differs from its market value or its book value, called intrinsic value, which is Comstock Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Mining's market value can be influenced by many factors that don't directly affect Comstock Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comstock Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.