Comstock Mining (LODE) : During the past 4 weeks, traders have been relatively bearish on Comstock Mining (LODE), hence the stock is down -7.71% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.44% relative to the S&P 500. The 4-week change in the price of the stock is -6.76% and the stock has fallen -2.39% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.12% and the 50-Day Moving Average is 3.47%. Comstock Mining (NYSEMKT:LODE): The stock was completely flat for the day, closing at $0.40 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $0.41, the stock touched an intraday high of $0.44 and a low of $0.40. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $0.40. The total trading volume on Friday was 567,671.
The company Insiders own 4.5% of Comstock Mining shares according to the proxy statements. Institutional Investors own 30.54% of Comstock Mining shares.
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.