Free Trial
NYSE:LODE

Comstock 8/8/2024 Earnings Report

Comstock logo
$3.58 -0.02 (-0.56%)
As of 03:20 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Comstock EPS Results

Actual EPS
-$0.60
Consensus EPS
-$0.40
Beat/Miss
Missed by -$0.20
One Year Ago EPS
N/A

Comstock Revenue Results

Actual Revenue
$0.43 million
Expected Revenue
$0.57 million
Beat/Miss
Missed by -$140.00 thousand
YoY Revenue Growth
N/A

Comstock Announcement Details

Quarter
Time
After Market Closes
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Comstock Earnings Headlines

Comstock Set to Join Russell Microcap® Index
Drilling With a $3.5B Discovery Partner in Its Corner
A small-cap explorer is about to drill for high-grade gold in a region known for multi-million-ounce discoveries and billion-dollar takeouts. Its $3.5B discovery partner has already spent over $2.5M prepping the targets, which include historical grades up to 83.2 g/t gold and 30% zinc. And with just a $10M market cap and a float tightly held by institutions and insiders, this junior is positioned for outsized upside on a discovery.
See More Comstock Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like Comstock? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Comstock and other key companies, straight to your email.

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.

View Comstock Profile

More Earnings Resources from MarketBeat