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Comstock to Host Business Update Webinar
Globenewswire· 2026-01-29 21:15
VIRGINIA CITY, Nev., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) is pleased to announce that the Company’s Executive Chairman & CEO, Corrado De Gasperis, and CFO, Judd Merrill will be providing an overview of the Company’s recent business and financial developments on Tuesday, February 3, 2026, at 11:00am ET. We invite all investors and other interested parties to register for the webinar at the link below. Date: Tuesday, February 3, 2026Time: 11:00am ET/8:00a ...
Morning Market Movers: SER, DCX, VTIX, INUV See Big Swings
RTTNews· 2026-01-29 13:27
At 8:15 a.m. ET on Thursday, premarket trading is seeing notable activity in several stocks, with early price movements signaling potential opportunities before the opening bell.For active traders, premarket trading offers a head start in spotting potential breakouts, reversals, or sharp price swings. These early moves often indicate where momentum may carry into the regular session, making premarket analysis a key part of the trading day.In the Green - Premarket GainersThe following stocks are trading hig ...
Comstock Inc. Prices $50 Million Upsized and Oversubscribed Public Offering of Common Stock
Globenewswire· 2026-01-29 01:30
Core Viewpoint - Comstock Inc. has announced a public offering of 18,181,819 shares of common stock, aiming to raise approximately $50 million to fund its growth initiatives in the recycling and refining of metals from end-of-life solar panels [1][2]. Group 1: Offering Details - The offering consists entirely of shares sold by Comstock, with gross proceeds expected to be around $50 million before expenses [1]. - The underwriter has a 30-day option to purchase an additional 2,727,272 shares to cover over-allotments at the public offering price [1]. - The offering is led by existing shareholders and new institutional investors [1]. Group 2: Use of Proceeds - The net proceeds will be used for capital expenditures related to Comstock Metals LLC's second industry-scale facility, development of refining processes, site selections, and growth in the metals market [2]. - Any remaining funds will be allocated for general corporate purposes [2]. Group 3: Market Context - The company is experiencing strong momentum in the end-of-life solar panel market, with increasing demand for its recycling and refining solutions, particularly for silver and other critical metals [2]. - This capital infusion is expected to enhance the company's ability to scale its operations and execute its growth strategy [2]. Group 4: Company Overview - Comstock Inc. focuses on innovating and commercializing technologies that support clean energy systems by efficiently extracting and converting under-utilized natural resources into reusable metals [6].
The Zacks Analyst Blog Expand, Comstock and Antero
ZACKS· 2026-01-28 09:05
Core Insights - U.S. natural gas prices have surged dramatically, reaching multi-year highs due to a sudden shift in weather forecasts and increased heating demand [2][3][4] Natural Gas Market Dynamics - Natural gas futures rose from approximately $3 per million British thermal units (MMBtu) to around $5.27 per MMBtu, marking a weekly gain of about 70%, the strongest increase in over three decades [3] - The surge in prices is attributed to colder weather forecasts, which heightened expectations for heating demand and tightened supply-demand balances [3][4] - A significant withdrawal of 120 billion cubic feet from U.S. storage levels was reported, leaving inventories slightly above the five-year average, which does not fully mitigate the risks posed by prolonged cold weather [5] Investment Opportunities - The recent price movements have reset expectations for natural gas, creating a constructive environment for gas-focused investors [6] - Companies such as Expand Energy, Comstock Resources, and Antero Resources have shown solid gains, reflecting improved sentiment in the market [7] Company Highlights - **Expand Energy**: The largest natural gas producer in the U.S. post-merger, with key assets in the Haynesville and Marcellus basins. The Zacks Consensus Estimate for its 2026 earnings per share indicates a 31% year-over-year increase [8][9] - **Comstock Resources**: An independent producer focused on the Haynesville and Bossier shales, with a Zacks Consensus Estimate for 2026 earnings per share showing a 32.6% year-over-year surge [10][11] - **Antero Resources**: Focused on natural gas and liquids in the Appalachian Basin, with a low debt profile and strong production mix. The Zacks Consensus Estimate for its 2026 earnings per share indicates an 87% year-over-year increase [12][13]
Comstock Sells NSR Royalty To Mackay Precious Metals Inc.
Globenewswire· 2026-01-21 11:00
VIRGINIA CITY, Nev., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced it has received the final $1 million from Mackay Precious Metals Inc. (“Mackay”), completing an agreement to sell its residual 1.5% net smelter returns (“NSR”) royalty associated with the recently sold northern claim targets to for an aggregate purchase price of $1.1 million in cash. This transaction increases the total cash proceeds from the sale of those properties, leasehold in ...
Comstock Metals Expands Recycling Network – Launches End-of-Life Solar Facility in Ohio
Globenewswire· 2026-01-15 11:15
Core Viewpoint - Comstock Inc. and its subsidiary Comstock Metals have secured a new site in Ohio for expanding their solar panel recycling operations, enhancing their national recycling network and addressing the growing demand for environmentally responsible end-of-life solutions for solar panels [1][2][3]. Group 1: Company Developments - Comstock Metals has established a new facility in central Ohio, which will serve as a hub for the collection, preparation, storage, and aggregation of decommissioned photovoltaic solar panels [2][3]. - The Ohio site is strategically located to support solar manufacturers, developers, utilities, and other stakeholders in managing retired solar panels, allowing for the recovery and repurposing of valuable materials such as aluminum, silver, copper, and gallium [3][4]. - The company is also in the process of finalizing permit applications for a second integrated facility in Nevada, with plans for location selection later this year [4]. Group 2: Industry Context - The demand for compliant and environmentally responsible end-of-life solutions for solar panels is increasing as solar deployment expands across Ohio and neighboring states [3]. - Comstock's zero-landfill recycling solution aims to reduce landfill waste and conserve natural resources, supporting the long-term sustainability of the solar industry [4][5]. - The company emphasizes its commitment to scaling operations responsibly to meet the anticipated growth in the volume of end-of-life solar panels, which is expected to reach tens and hundreds of millions across the country [5].
Comstock Metals Expands Network - Launches End-of-Life Solar Facility in California
Globenewswire· 2026-01-12 11:15
Core Insights - Comstock Inc. and Comstock Metals LLC have established a California facility to support the recycling of end-of-life solar panels, marking a significant step in the company's commitment to sustainable practices in the solar industry [1][2]. Company Developments - The new facility is located in California's Central Valley, which is the largest single U.S. market for solar energy, and serves as a hub for the collection and preparation of decommissioned photovoltaic panels [1][2]. - This facility will enhance logistics and cost optimization for the western U.S. solar market, facilitating compliant interstate transport and recycling of solar panels [3][4]. Industry Context - As solar energy adoption increases in the western United States, the demand for environmentally responsible end-of-life solutions for solar panels is becoming critical [2]. - Comstock Metals aims to reduce landfill disposal and conserve natural resources while supporting the long-term sustainability of the solar industry [4]. Operational Goals - The facility will accept end-of-life solar panels from various sources, ensuring they are prepared for transportation to Comstock's certified recycling facilities in Nevada, where valuable materials can be repurposed [5]. - The company is focused on creating a scalable and efficient network for the decommissioning and recycling of solar panels, addressing the growing volume of end-of-life panels expected in the coming years [6].
Comstock Metals Completes All Permits for First of Its Kind Recycling Facility
Globenewswire· 2026-01-09 11:30
Core Insights - Comstock Inc. and Comstock Metals LLC have received the Written Determination Permit from the Nevada Division of Environmental Protection for processing waste solar panels, marking a significant regulatory milestone for their industry-scale materials recovery facility in Silver Springs, NV [1][3] - The facility is designed to process over 3 million solar panels annually, equating to approximately 100,000 tons of waste materials, utilizing advanced technologies for efficient recycling [2][4] - The company aims to establish a leading position in solar panel recycling, addressing the growing demand for environmentally responsible solutions as decommissioning of solar panels accelerates in the U.S. [3][4] Regulatory Approvals - Comstock Metals received an Air Quality control permit on January 5, 2026, completing the necessary regulatory approvals for the facility [2] - The facility's design allows for a continuous production line, ensuring efficient processing of waste materials [2] Industry Positioning - Comstock is positioned to lead the solar recycling market, particularly in the southwestern U.S., where many solar panels are decommissioned [3] - The company emphasizes the importance of creating a scalable and efficient network for the decommissioning and recycling of solar panels, addressing the impending end-of-life panel dilemma [4]
Comstock Metals Receives Final Air Quality Permit For Its First-Of-A-Kind, Industrial Scale Solar Panel Processing Facility
Globenewswire· 2026-01-07 11:30
Core Viewpoint - Comstock Inc. has received its Air Quality Permit for processing waste solar panels, enabling the commissioning of its industry-scale materials recovery facility in Silver Springs, Nevada, which is on schedule for completion in the first quarter of 2026 [1][2]. Regulatory Approvals - The Air Quality Permit is complemented by a Written Determination Permit from the Nevada Division of Environmental Protection, which is expected to be finalized soon. Together, these permits represent the complete regulatory approvals needed for the facility [2]. Facility Capacity and Technology - The facility is designed to process over 3 million solar panels annually from a single production line, equating to approximately 100,000 tons of waste materials per year. It will utilize advanced technologies for efficient processing and recycling of metal concentrates from photovoltaics [2]. Equipment and Installation Timeline - Equipment for the facility has been ordered, with deliveries starting in late December and continuing through January. Installation, testing, and commissioning are scheduled to be completed in the first quarter of 2026 [2]. Environmental Impact and Market Position - The facility aims to keep critical materials out of landfills and address the increasing demand for environmentally responsible end-of-life solutions for solar panels, particularly as older panels are decommissioned in the southwestern U.S. [3]. This positions Comstock as a leader in solar recycling, covering over half of the U.S. market for end-of-life panels [3]. Leadership and Strategic Vision - Comstock has established both technological and market leadership in the end-of-life supply chain, with plans for rapid nationwide expansion to address the growing environmental challenge of solar panel waste [4]. The company is focused on creating a platform that meets the strong demand for critical and precious metals [4].
Noble Capital Downgrades Comstock Mining as Capital Needs Remain Elevated
Financial Modeling Prep· 2025-12-25 21:57
Core Viewpoint - Noble Capital has downgraded Comstock Mining Inc. from Outperform to Market Perform due to ongoing funding requirements and execution uncertainties despite recent share price strength [1]. Group 1: Share Price and Valuation - Comstock's stock price increased approximately 33% since Noble Capital upgraded it to Outperform on November 4, but the timing of that upgrade is now viewed as premature [2]. - Noble Capital plans to reassess Comstock's valuation once the company's commercial-scale recycling facility becomes operational and its mining asset plans are more clearly defined [2]. Group 2: Management and Asset Monetization - There is frustration regarding management's repeated commitments to monetize non-core assets, particularly properties in Silver Springs, Nevada, which have not yet materialized [3]. - Comstock's investment in Bioleum Corporation is characterized as a call option on Bioleum's growth trajectory, highlighting substantial execution and business risks associated with this investment [3].