Comstock Mining Inc (NYSE:LODE) Sees Significant Growth in Short Interest

Comstock Mining Inc (NYSE:LODE) was the target of a significant growth in short interest in September. As of September 29th, there was short interest totalling 3,034,399 shares, a growth of 7.8% from the September 15th total of 2,813,889 shares. Based on an average daily volume of 2,022,316 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.9% of the shares of the stock are sold short.

Shares of Comstock Mining (NYSE:LODE) traded down 0.6002% during trading on Thursday, reaching $0.1325. 1,736,155 shares of the company’s stock traded hands. Comstock Mining has a one year low of $0.13 and a one year high of $0.33. The stock’s market cap is $27.83 million. The company has a 50 day moving average price of $0.16 and a 200-day moving average price of $0.18.

Comstock Mining (NYSE:LODE) last issued its quarterly earnings data on Tuesday, August 1st. The mining company reported ($0.02) earnings per share (EPS) for the quarter. Comstock Mining had a negative net margin of 10,715.09% and a negative return on equity of 98.83%. The company had revenue of $0.03 million during the quarter. On average, equities research analysts expect that Comstock Mining will post ($0.07) EPS for the current fiscal year.

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Comstock Mining Company Profile

Comstock Mining Inc i

Shares of Comstock Mining (NYSE:LODE) traded down 0.6002% during trading on Thursday, reaching $0.1325. 1,736,155 shares of the company’s stock traded hands. Comstock Mining has a one year low of $0.13 and a one year high of $0.33. The stock’s market cap is $27.83 million. The company has a 50 day moving average price of $0.16 and a 200-day moving average price of $0.18.

Comstock Mining (NYSE:LODE) last issued its quarterly earnings data on Tuesday, August 1st. The mining company reported ($0.02) earnings per share (EPS) for the quarter. Comstock Mining had a negative net margin of 10,715.09% and a negative return on equity of 98.83%. The company had revenue of $0.03 million during the quarter. On average, equities research analysts expect that Comstock Mining will post ($0.07) EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This story was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another domain, it was illegally copied and republished in violation of US and international copyright and trademark law. The legal version of this story can be accessed at https://ledgergazette.com/2017/10/19/comstock-mining-inc-lode-sees-large-growth-in-short-interest.html.

Comstock Mining Company Profile

Comstock Mining Inc is a gold and silver mining company. The Company holds properties in the Comstock and Silver City mining districts (collectively, the Comstock District). The Company’s segments include mining and real estate. The mining segment consists of the Company’s activities and expenditures associated with mining.

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