Comstock Inc. (NYSEAMERICAN:LODE – Get Free Report) Director Steven Yu-Tsung Pei purchased 153,823 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was acquired at an average price of $4.10 per share, with a total value of $630,674.30. Following the completion of the acquisition, the director directly owned 1,710,980 shares in the company, valued at $7,015,018. The trade was a 9.88% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
Steven Yu-Tsung Pei also recently made the following trade(s):
- On Wednesday, June 3rd, Steven Yu-Tsung Pei acquired 180,000 shares of Comstock stock. The shares were acquired at an average price of $3.93 per share, for a total transaction of $707,400.00.
- On Monday, June 1st, Steven Yu-Tsung Pei acquired 26,177 shares of Comstock stock. The stock was acquired at an average cost of $4.14 per share, with a total value of $108,372.78.
- On Thursday, May 14th, Steven Yu-Tsung Pei acquired 79,559 shares of Comstock stock. The stock was acquired at an average cost of $3.42 per share, with a total value of $272,091.78.
- On Wednesday, May 13th, Steven Yu-Tsung Pei bought 345,000 shares of Comstock stock. The stock was acquired at an average price of $3.38 per share, with a total value of $1,166,100.00.
Comstock Stock Performance
NYSEAMERICAN LODE opened at $4.36 on Friday. The business’s 50-day moving average price is $3.41 and its 200 day moving average price is $3.40. The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.08. Comstock Inc. has a twelve month low of $2.24 and a twelve month high of $4.80. The company has a market capitalization of $330.97 million, a PE ratio of -4.54 and a beta of 1.37.
Institutional Investors Weigh In On Comstock
A number of institutional investors have recently bought and sold shares of LODE. Geode Capital Management LLC increased its position in Comstock by 23.7% during the second quarter. Geode Capital Management LLC now owns 277,099 shares of the company’s stock worth $1,050,000 after purchasing an additional 53,111 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Comstock in the 2nd quarter valued at $163,000. Savvy Advisors Inc. boosted its holdings in shares of Comstock by 13.7% in the 3rd quarter. Savvy Advisors Inc. now owns 462,280 shares of the company’s stock valued at $1,581,000 after purchasing an additional 55,600 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Comstock by 90.0% during the 3rd quarter. Vanguard Group Inc. now owns 2,131,469 shares of the company’s stock valued at $7,290,000 after buying an additional 1,009,539 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Comstock by 86.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 87,482 shares of the company’s stock worth $300,000 after buying an additional 40,502 shares during the last quarter. 7.96% of the stock is currently owned by hedge funds and other institutional investors.
About Comstock
Comstock Mining, Inc (NYSE: LODE) is a growth-oriented mineral exploration and production company focused on the historic Comstock Lode in Virginia City, Nevada. The company’s primary business activities include the development, extraction and sale of gold and silver from its flagship Lucerne project. Comstock leverages modern mining techniques and infrastructure to access high-grade ore bodies in one of North America’s most renowned silver-gold districts.
In addition to its core precious metals operations, Comstock Mining maintains a commercial real estate division centered in Virginia City’s historic district.
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