Noble Financial Has Negative Outlook of Comstock Q1 Earnings

Comstock Inc. (NYSE:LODE) – Equities research analysts at Noble Financial dropped their Q1 2025 earnings per share estimates for shares of Comstock in a research note issued on Monday, March 10th. Noble Financial analyst M. Reichman now forecasts that the company will post earnings of ($0.20) per share for the quarter, down from their previous forecast of ($0.04). Noble Financial has a “Market Perform” rating on the stock. The consensus estimate for Comstock’s current full-year earnings is ($0.22) per share. Noble Financial also issued estimates for Comstock’s Q2 2025 earnings at ($0.20) EPS, Q3 2025 earnings at ($0.19) EPS, Q4 2025 earnings at ($0.18) EPS and FY2025 earnings at ($0.77) EPS.

Separately, StockNews.com upgraded shares of Comstock to a “sell” rating in a research note on Wednesday.

Comstock Trading Up 2.9 %

NYSE LODE opened at $2.49 on Wednesday. The company has a market capitalization of $58.53 million, a price-to-earnings ratio of -20.75 and a beta of 1.59. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.45 and a quick ratio of 2.45. Comstock has a 12 month low of $1.25 and a 12 month high of $10.10. The company’s fifty day moving average price is $3.66 and its two-hundred day moving average price is $3.88.

Institutional Investors Weigh In On Comstock

Institutional investors and hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC boosted its stake in Comstock by 21.1% in the fourth quarter. Geode Capital Management LLC now owns 1,942,689 shares of the company’s stock valued at $1,556,000 after acquiring an additional 338,538 shares during the period. Quadrant Private Wealth Management LLC lifted its holdings in shares of Comstock by 45.0% in the 4th quarter. Quadrant Private Wealth Management LLC now owns 725,000 shares of the company’s stock worth $580,000 after purchasing an additional 225,000 shares during the last quarter. Mariner LLC acquired a new position in Comstock during the 4th quarter valued at approximately $441,000. Northern Trust Corp grew its stake in Comstock by 180.4% during the 4th quarter. Northern Trust Corp now owns 438,743 shares of the company’s stock worth $351,000 after buying an additional 282,266 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC increased its position in Comstock by 1,250.0% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 270,000 shares of the company’s stock worth $216,000 after buying an additional 250,000 shares during the period. Institutional investors and hedge funds own 7.96% of the company’s stock.

About Comstock

Comstock Inc engages in the systemic decarbonization business in Nevada and internationally. It operates through Renewable Energy, Mining, and Strategic and Other Investments segments. It will develop technology for the deploying of extraction and refining facilities that convert wasted and unused biomass and other natural resources; and a demonstration system to extract black mass containing lithium, graphite, nickel, cobalt, manganese, copper, aluminum, and other metals from up to lithium-ion batteries.