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NYSE:LODE

Comstock 2/28/2024 Earnings Report

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$3.34 -0.09 (-2.62%)
Closing price 04:00 PM Eastern
Extended Trading
$3.35 +0.01 (+0.30%)
As of 06:34 PM Eastern
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Comstock EPS Results

Actual EPS
-$0.30
Consensus EPS
-$0.40
Beat/Miss
Beat by +$0.10
One Year Ago EPS
N/A

Comstock Revenue Results

Actual Revenue
$0.45 million
Expected Revenue
$1.10 million
Beat/Miss
Missed by -$650.00 thousand
YoY Revenue Growth
N/A

Comstock Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Comstock Earnings Headlines

Comstock Set to Join Russell Microcap® Index
“All the land that you see I will give to you and your offspring forever…”
“This land I will give to you…” — a 4,000-year-old line from Genesis may hold the key to unlocking a $150 trillion vault of untapped American wealth. Former CIA advisor Jim Rickards calls it the “Old Testament Wealth Code” — and says it could transform your financial future. He’s revealing everything in a new presentation.
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About Comstock

Comstock (NYSE:LODE) Mining Inc. (NYSE: LODE) is a mineral exploration and production company focused on the development of gold and silver properties in the historic Comstock Lode of Nevada. Leveraging advanced underground mining techniques, the company aims to extract and process high-grade ore from its flagship Virginia City operations. In addition to precious metals production, Comstock Mining invests in exploration activities to expand its resource base and extend the life of its mining assets.

The company’s principal operations are centered in western Nevada, where Comstock Mining holds significant land positions under both patented and unpatented mining claims. Its development strategy encompasses exploration drilling, underground development, and the rehabilitation of legacy workings to access multiple veins across the Comstock district. Comstock Mining also evaluates nearby satellite targets for potential bolt-on acquisitions that may complement its existing portfolio.

Once ore is extracted, Comstock Mining relies on a combination of on-site and third-party facilities to process material into gold and silver doré and concentrates. The company maintains relationships with regional refineries and metal traders to market its production. Comstock Mining continues to explore opportunities in adjacent real estate and tourism ventures that leverage the historic significance of Virginia City, including mine tours, exhibitions, and boutique hospitality projects.

Founded on the legacy of the 19th-century Comstock Lode discovery, Comstock Mining has evolved through mergers, recapitalizations and management transitions to become a publicly traded precious metals company. Headquartered in Virginia City, the firm is led by a management team with decades of mining and finance experience. Stephen A. Swisher, who serves as CEO, and the board of directors oversee strategic initiatives aimed at delivering sustainable growth and value to shareholders.

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