Comstock Inc. (NYSE:LODE) Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC cut its holdings in shares of Comstock Inc. (NYSE:LODE - Free Report) by 90.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,000 shares of the company's stock after selling 243,000 shares during the quarter. Kingswood Wealth Advisors LLC owned about 0.10% of Comstock worth $66,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. XTX Topco Ltd boosted its holdings in Comstock by 43.9% during the 4th quarter. XTX Topco Ltd now owns 108,408 shares of the company's stock valued at $87,000 after acquiring an additional 33,095 shares during the period. PEAK6 LLC purchased a new position in Comstock during the 4th quarter valued at about $156,000. Northern Trust Corp boosted its holdings in Comstock by 180.4% during the 4th quarter. Northern Trust Corp now owns 438,743 shares of the company's stock valued at $351,000 after acquiring an additional 282,266 shares during the period. Geode Capital Management LLC boosted its holdings in Comstock by 21.1% during the 4th quarter. Geode Capital Management LLC now owns 1,942,689 shares of the company's stock valued at $1,556,000 after acquiring an additional 338,538 shares during the period. Finally, Mariner LLC purchased a new position in Comstock during the 4th quarter valued at about $441,000. 7.96% of the stock is currently owned by hedge funds and other institutional investors.

Comstock Trading Up 11.0%

Comstock stock traded up $0.38 during midday trading on Thursday, reaching $3.85. 346,355 shares of the stock traded hands, compared to its average volume of 617,404. The company has a 50-day simple moving average of $2.95 and a two-hundred day simple moving average of $3.25. Comstock Inc. has a 12-month low of $1.26 and a 12-month high of $10.10. The firm has a market cap of $103.58 million, a PE ratio of -32.08 and a beta of 1.54. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.16.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Comstock to a "sell" rating in a report on Wednesday, March 12th.

Comstock Profile

Comstock Inc engages in the systemic decarbonization business in Nevada and internationally. It operates through Renewable Energy, Mining, and Strategic and Other Investments segments. It will develop technology for the deploying of extraction and refining facilities that convert wasted and unused biomass and other natural resources; and a demonstration system to extract black mass containing lithium, graphite, nickel, cobalt, manganese, copper, aluminum, and other metals from up to lithium-ion batteries.