Brokerage Firm Rating Update on Comstock Mining (LODE)

Comstock Mining (LODE) : 1 analysts are covering Comstock Mining (LODE) and their average rating on the stock is 1, which is read as a Strong Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels.


For the current week, the company shares have a recommendation consensus of Buy.

Comstock Mining (NYSEMKT:LODE): stock was range-bound between the intraday low of $0.39 and the intraday high of $0.405 after having opened at $0.399 on Wednesdays session. The stock finally closed in the red at $0.399, a loss of -1.99%. The stock remained in the red for the whole trading day. The total traded volume was 243,701 shares. The stock failed to cross $0.405 in Wednesdays trading. The stocks closing price on Thursday was $0.3979.

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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