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Comstock Completes GenMat Transaction
GlobeNewswire News Room· 2024-11-13 21:20
VIRGINIA CITY, Nev., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced the acquisition of 100% of the equity of GenMat Licensing LLC (“AICo”) in exchange for 100% of the Company’s equity in Quantum Generative Materials LLC (“GenMat”). AICo holds a non-exclusive end user right and license (“EULA”) to use GenMat’s now and hereafter existing artificial intelligence (“AI”) for materials science technologies, services and products, as well as all current ...
Comstock Q3 Earnings Decline Y/Y on Deferred Fees Headwind
ZACKS· 2024-11-08 19:45
For the third quarter of 2024, Comstock Holding Companies, Inc. (CHCI) reported earnings per share (EPS) of 23 cents, a decrease from 46 cents in the prior-year quarter.The company’s quarterly revenues were $13 million, down from $14.5 million in the third quarter of 2023. Comstock’s third-quarter 2024 performance was characterized by strong recurring revenue growth in property and parking management, which was offset by deferred incentive fees that impacted overall revenue. The company's revenue decrease s ...
Comstock Resources Continues To Burn Cash
Seeking Alpha· 2024-11-01 12:23
We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies. Aaron Chow, aka Elephant Analytics has 15+ years of analytical experience and is a top rated analyst on TipRanks. Aaron previously co-founded a mobile gaming company (Absolute Games) that was acquired by PENN Entert ...
Comstock(LODE) - 2024 Q3 - Earnings Call Transcript
2024-10-22 22:47
Comstock Inc. (NYSE:LODE) Q3 2024 Earnings Call Transcript October 22, 2024 4:30 PM ET Company Participants Trevor Brucato - RB Milestone Group Corrado De Gasperis - Chair and CEO William McCarthy - COO Trevor Brucato Welcome everybody to Comstock's Third Quarter 2024 Results and Business Update. This is Trevor Brucato with RB Milestone Group, Comstock's US-based investor relations firm. Comstock is listed on the NYSE American under the symbol LODE. And joining us today is Comstock's Executive Chair and CEO ...
Comstock(LODE) - 2024 Q3 - Quarterly Results
2024-10-22 20:29
Exhibit 99.1 comstock COMSTOCK ANNOUNCES THIRD QUARTER 2024 RESULTS AND CORPORATE UPDATES Advances Commercialization of Fuels, Metals, and Mining Businesses VIRGINIA CITY, NEVADA, October 22, 2024 - Comstock Inc. (NYSE: LODE) ("Comstock," "our," and the "Company") today announced its third 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. "Our fuels and metals businesses h ...
Comstock Inc. (LODE) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-10-22 12:15
Comstock Inc. (LODE) came out with a quarterly loss of $0.03 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.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 consensus EPS estimates just once.Comstock Inc., which belongs to the Zacks ...
Comstock(LODE) - 2024 Q3 - Quarterly Report
2024-10-22 10:03
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______ TO ______. COMMISSION FILE NO.: 001-35200 COMSTOCK INC. (Exact name of registrant as specified in its charter) Nevada 65-0955118 (State or other juri ...
Comstock Announces Third Quarter 2024 Results and Corporate Updates
GlobeNewswire News Room· 2024-10-22 10:00
VIRGINIA CITY, Nev., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock,” “our,” and the “Company”) today announced its third 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. “Our fuels and metals businesses have commercial validation of their plans,” stated Corrado De Gasperis, Comstock’s Executive Chairman and Chief Executive Officer. “Our business ...
Comstock Inc. to Host Q3 Earnings Call on October 22, 2024, at 4:30pm ET
GlobeNewswire News Room· 2024-10-14 10:00
Corrado De Gasperis, Executive Chairman, Director & CEO, and William McCarthy, COO, will provide business updates and the Company's third quarter financial results followed by a live Q&A session. Investors and other interested parties are invited to join and learn more about Comstock's innovative technologies and commercializing businesses that enable systemic decarbonization. VIRGINIA CITY, Nev., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock" and the "Company") is pleased to annou ...
Comstock: Updates And New Developments
Seeking Alpha· 2024-10-10 17:25
In nearly 20 years of investing in small and micro-cap companies, we believe we've encountered one of the most significant disconnects between market capitalization and asset value we've ever seen. You might assume this pertains to At 1035 Capital, we focus on small and micro cap equities and look for both growth and value names to create a small cap core portfolio with better than index valuation and growth metrics. All of the stocks in our portfolio must have a strong catalyst to drive change at the compa ...