Comstock(LODE)
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Comstock Inc. (LODE) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-08-08 23:16
Comstock Inc. (LODE) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.05 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.06, delivering a surprise of -50%. Over the last four quarters, the company has surpassed con ...
Comstock Announces Second Quarter 2024 Results and Corporate Updates
GlobeNewswire News Room· 2024-08-08 20:15
VIRGINIA CITY, Nev., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock," "our," and the "Company"), today announced its second quarter 2024 results, certain business and investment updates and an updated business outlook, with significant progress from each business, corporate and collectively across the system. "While I have personally dedicated the substantial majority of my capacity over the past several months on successfully advancing strategic transactions, our equally dedicated ...
Comstock Secures $325 Million Term Sheet for Investments and Real Estate Sales
GlobeNewswire News Room· 2024-08-08 13:15
VIRGINIA CITY, Nev., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE American: LODE) a leader in hard technology developments enabling clean energy, today announced the execution of an indicative term sheet for $325 million (about $315 million net of transaction fees) in funding through SBC Commerce LLC ("SBCC"), a U.S. based, globally positioned, private equity group. The transaction is subject to final due diligence and applicable regulatory approvals. This significant series of milestones, represen ...
Comstock Inc. to Host Q2 Earnings Call on August 8, 2024, at 4:30pm ET
Newsfilter· 2024-07-25 20:30
Core Viewpoint - Comstock Inc. is set to provide an overview of its recent financial results and business updates in a webinar scheduled for August 8, 2024, at 4:30pm ET, inviting investors and interested parties to participate [3]. Company Overview - Comstock Inc. (NYSE: LODE) focuses on commercializing innovative technologies aimed at global decarbonization, converting under-utilized natural resources into net zero renewable fuels, and engaging in end-of-life metal extraction and advanced materials synthesis [5]. Upcoming Events - The company's Executive Chairman, CEO, and COO will present the financial results and business updates during the webinar, followed by a live Q&A session for participants [3][4]. Communication Channels - Comstock Inc. utilizes its investor relations link and main website, along with social media platforms like Twitter, LinkedIn, and YouTube, to disclose material non-public information and comply with disclosure obligations [8].
Comstock Inc. to Host Q2 Earnings Call on August 8, 2024, at 4:30pm ET
GlobeNewswire News Room· 2024-07-25 20:30
Core Insights - Comstock Inc. will host a webinar on August 8, 2024, at 4:30 PM ET to discuss recent financial results and business updates [1][2] - The webinar will include a live Q&A session for investors and interested parties [2] Company Overview - Comstock Inc. focuses on commercializing innovative technologies aimed at global decarbonization, converting under-utilized natural resources into renewable fuels, and advanced materials synthesis [3] - The company operates in sectors such as metal extraction and generative AI-enabled material discovery [3] Communication Strategy - Comstock Inc. utilizes its investor relations website and social media platforms for disclosing material non-public information and complying with regulatory obligations [4]
Comstock Terminates Equity Purchase Agreement with New $2.5 Million Investment
Newsfilter· 2024-07-19 10:00
VIRGINIA CITY, Nev., July 19, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock" and the "Company") is pleased to announce it has retired its existing Equity Purchase Agreement and entered into a securities purchase agreement with an investor for an 8.0% Convertible Promissory Note due October 31, 2025 (the "Convertible Note"). The Convertible Note was issued with an original aggregate principal amount of $2,717,500 (the "Principal Amount"), purchased by the investor for $2,500,000, reflecting ...
Comstock Terminates Equity Purchase Agreement with New $2.5 Million Investment
GlobeNewswire News Room· 2024-07-19 10:00
VIRGINIA CITY, Nev., July 19, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock" and the "Company") is pleased to announce it has retired its existing Equity Purchase Agreement and entered into a securities purchase agreement with an investor for an 8.0% Convertible Promissory Note due October 31, 2025 (the "Convertible Note"). The Convertible Note was issued with an original aggregate principal amount of $2,717,500 (the "Principal Amount"), purchased by the investor for $2,500,000, reflecting ...
Comstock Inc. Publishes its 2Q24 Stakeholder Perception Analysis Report
GlobeNewswire News Room· 2024-07-17 10:00
VIRGINIA CITY, Nev., July 17, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock") today announces its Q2 2024 Stakeholder Perception Analysis Report (the "Report") compiled by RB Milestone Group LLC ("RBMG"). The Report provides insight into Comstock's operational milestones and perceived strengths and weaknesses from the perspective of its stakeholders. Also enclosed in the Report is a brief video recording of Comstock's Executive Chairman and Chief Executive Officer, Corrado De Gasperis, that ...
Comstock Metals Secures First Industry-Scale Facility for Recycling Expansion
Newsfilter· 2024-07-15 10:00
VIRGINIA CITY, Nev., July 15, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock" and the "Company") announced today that its subsidiary, Comstock Metals, has secured a long-term lease on a 100,000 square foot, industry-facility located at 600 Lake Avenue, Silver Springs, Nevada (the "Facility"). The Facility will deploy the capacity for processing up to 100,000 tons per year of end-of-life solar panels, located on the same campus as the currently operating demonstration facility. Comstock Metal ...
Comstock Metals Secures First Industry-Scale Facility for Recycling Expansion
GlobeNewswire News Room· 2024-07-15 10:00
VIRGINIA CITY, Nev., July 15, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock" and the "Company") announced today that its subsidiary, Comstock Metals, has secured a long-term lease on a 100,000 square foot, industry-facility located at 600 Lake Avenue, Silver Springs, Nevada (the "Facility"). The Facility will deploy the capacity for processing up to 100,000 tons per year of end-of-life solar panels, located on the same campus as the currently operating demonstration facility. Comstock Metal ...