Comstock Mining Stock Price on November 20, 2024

LODE Stock  USD 0.38  0.04  11.76%   
Below is the normalized historical share price chart for Comstock Mining extending back to February 28, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Comstock Mining stands at 0.38, as last reported on the 26th of November, with the highest price reaching 0.41 and the lowest price hitting 0.38 during the day.
IPO Date
18th of March 2003
200 Day MA
0.3071
50 Day MA
0.4176
Beta
1.991
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Comstock Stock, it is important to understand the factors that can impact its price. Comstock Mining is abnormally volatile given 3 months investment horizon. Comstock Mining secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.43% are justified by taking the suggested risk. Use Comstock Mining Downside Deviation of 7.73, mean deviation of 7.6, and Risk Adjusted Performance of 0.1429 to evaluate company specific risk that cannot be diversified away.
  
At present, Comstock Mining's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 111.8 M, whereas Common Stock is forecasted to decline to about 74.5 K. . At present, Comstock Mining's Price Book Value Ratio is projected to drop slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 0.77, whereas Price Earnings To Growth Ratio is projected to grow to (0.05). Comstock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1538

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Estimated Market Risk

 9.32
  actual daily
82
82% of assets are less volatile

Expected Return

 1.43
  actual daily
28
72% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
12
88% of assets perform better
Based on monthly moving average Comstock Mining is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Comstock Mining by adding it to a well-diversified portfolio.
Price Book
1.1708
Enterprise Value Ebitda
5.0907
Price Sales
42.6697
Shares Float
197.2 M
Wall Street Target Price
2.5

Comstock Mining Main Headline on 20th of November 2024

Expands Licensing Agreement into Vietnam for SAF and Other Renewable FuelsVIRGINIA CITY, Nev., Nov. 20, 2024 -- Comstock Inc. today announced execution of a binding amendment to an existing agreement between Comstock Fuels Corporation and SACL Pte. Limited , a Singapore-based renewable fuel project developer, under which Comstock Fuels agreed to grant SACL an exclusive marketing agreement for Comstock Fuels

Comstock Mining Valuation on November 20, 2024

It is possible to determine the worth of Comstock Mining on a given historical date. On November 20, 2024 Comstock was worth 0.37 at the beginning of the trading date compared to the closed value of 0.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Comstock Mining stock. Still, in general, we apply an absolute valuation method to find Comstock Mining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Comstock Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Comstock Mining's related companies.
 Open High Low Close Volume
  0.36    0.37    0.31    0.37    2,775,412  
11/20/2024
  0.37    0.37    0.34    0.35    1,121,359  
  0.35    0.36    0.34    0.34    1,175,913  
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Open Value
0.37
0.35
Closing Value
28.32
Upside

Comstock Mining Trading Date Momentum on November 20, 2024

On November 21 2024 Comstock Mining was traded for  0.34  at the closing time. The top price for the day was 0.36  and the lowest listed price was  0.34 . The trading volume for the day was 1.2 M. The trading history from November 21, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.86% . The overall trading delta against the current closing price is 11.43% .

Comstock Mining Fundamentals Correlations and Trends

By evaluating Comstock Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Comstock Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Comstock financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Comstock Mining Stock history

Comstock Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Comstock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Comstock Mining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Comstock Mining stock prices may prove useful in developing a viable investing in Comstock Mining
Last ReportedProjected for Next Year
Common Stock Shares Outstanding105.2 M110.4 M
Net Loss-52.8 M-50.2 M

Comstock Mining Stock Technical Analysis

Comstock Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Comstock Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Comstock Mining trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Comstock Mining Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Comstock Mining cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Comstock Mining November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Comstock Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Comstock Mining shares will generate the highest return on investment. By undertsting and applying Comstock Mining stock market strength indicators, traders can identify Comstock Mining entry and exit signals to maximize returns

Comstock Mining Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Comstock Mining's price direction in advance. Along with the technical and fundamental analysis of Comstock Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Comstock to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Comstock Stock analysis

When running Comstock Mining's price analysis, check to measure Comstock Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comstock Mining is operating at the current time. Most of Comstock Mining's value examination focuses on studying past and present price action to predict the probability of Comstock Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comstock Mining's price. Additionally, you may evaluate how the addition of Comstock Mining to your portfolios can decrease your overall portfolio volatility.
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