Short Interest in Comstock Mining Inc (LODE) Increases By 7.8%

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.

Comstock Mining (NYSE:LODE) opened at 0.139 on Friday. The stock’s market cap is $29.19 million. The firm’s 50-day moving average is $0.17 and its 200 day moving average is $0.18. Comstock Mining has a one year low of $0.13 and a one year high of $0.34.

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

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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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