Company Shares of Comstock Mining (NYSEMKT:LODE) Rally 20.46%

Comstock Mining (NYSEMKT:LODE) : Traders are bullish on Comstock Mining (NYSEMKT:LODE) as it has outperformed the S&P 500 by a wide margin of 28.19% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 18.93%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 20.46% in the last 1 week, and is up 30.26% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have dropped -15.09% from its 1 Year high price. On Sep 25, 2015, the shares registered one year high at $0.70 and the one year low was seen on Jun 14, 2016. The 50-Day Moving Average price is $0.37 and the 200 Day Moving Average price is recorded at $0.43.

The stock has recorded a 20-day Moving Average of 22.76% and the 50-Day Moving Average is 16.61%.


Comstock Mining (NYSEMKT:LODE): stock turned positive on Friday. Though the stock opened at $0.44, the bulls momentum made the stock top out at $0.4599 level for the day. The stock recorded a low of $0.422 and closed the trading day at $0.4499, in the green by 4.12%. The total traded volume for the day was 639,304. The stock had closed at $0.4321 in the previous days trading.

In an insider trading activity, Kopple Robert C., director of Comstock Mining Inc., executed a transaction worth $1,149,883 on November 4, 2015. A total of 1,948,954 shares were purchased at an average price of $0.59. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Comstock Mining Inc. (Comstock) is a gold and silver mining company. The Company is engaged in the acquisition, development and exploration of mining properties. The Company has contiguous property in the Comstock and Silver City mining districts. The Companys Comstock District is located within the western portion of the Basin and Range Province of Nevada, between Reno and Carson City. Its Lucerne Resource area is located in Storey County, Nevada, approximately three miles south of Virginia City and 30 miles Southeast of Reno. Its Dayton Resource area is located in Lyon County, Nevada, approximately six miles south of Virginia City. The Companys projects include Comstock Mine Project and The Como Project. The Company has two operating segments: mining and hospitality. Its mining segment consists of all activities and expenditures associated with mining. Its hospitality segment consist of hotel rooms, cottages, restaurant, bar and other services provided by Gold Hill Hotel.

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