Although U.S. stocks closed lower on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, ...

Comstock Inc. (LODE) and its subsidiary, Comstock Metals Corporation, have announced the first renewable metal shipments and sales . The company sold approximately 3,000 pounds of recycled, reusable aluminum and began regularly scheduled shipments. This initial sale exceeded LODE's expectations for secondary recovery, averaging more than 50 cents per pound for various aluminum scrap grades. In the second quarter of 2024, Comstock Metals successfully demonstrated its ability to process clean, completely sala ...

VIRGINIA CITY, Nev., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock" and the "Company") and its subsidiary, Comstock Metals Corporation ("Comstock Metals"), a technology leader in efficiently recycling end-of-life solar panels into reusable aluminum, copper, silver, glass and other minerals, that delivers a 100% closed-loop, zero-landfill solution, today announced its first shipments and revenues from the sale of over 3,000 pounds of recycled, reusable aluminum, commencing regularly ...

Core Insights - Comstock Inc. and its subsidiary Comstock Fuels have successfully validated renewable fuel conversion yields of up to 125 gallons per dry ton of woody biomass on a gasoline gallon equivalent basis [1][3][4] Group 1: Company Achievements - Comstock Fuels has developed advanced lignocellulosic biomass refining solutions that produce renewable fuels such as ethanol, gasoline, renewable diesel, and sustainable aviation fuel with market-leading yields and carbon intensities [2] - The company has validated a baseline yield of 125 GGE and a carbon intensity of 15 using a mixture of hardwood feedstock species, without emissions capture and conversion [3] - Comstock Fuels is evaluating modular integration of processes to capture and convert biogenic carbon emissions into additional Bioleum derived fuels, potentially increasing yields to approximately 150 GGE, which is over 80% of the theoretical maximum yield from woody biomass [5] Group 2: Future Plans - The validation of up to 125 GGE is a significant milestone for the financing and construction of a 50,000 TPY commercial demonstration facility [4] - The company aims to achieve cost parity with fossil fuels to incentivize the decarbonization of global transportation, with plans to finalize engineering and site selection for the commercial facility within the year [6] Group 3: Company Overview - Comstock Inc. focuses on commercializing technologies that contribute to global decarbonization by converting under-utilized natural resources, primarily woody biomass, into net zero renewable fuels [7]

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 ...

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 ...

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 ...

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].

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]

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 ...