Comstock Mining Inc. (LODE) – Long Run Forecast Pointing to Profits

Currently, the 1st Resistance Point for this stock is $0.09, with a 2nd Resistance Point sitting at $0.09. Meanwhile, this company’s stock has a 1st Support Level at $0.08 and a 2nd Support Level at $0.08. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Comstock Mining Inc. (LODE) was $0.08. Comstock Mining Inc. (LODE) stock has lost -$0.01, or -8.28%, in the past five days. In the last full month, these shares have lost -$0.01, or -7.87%. In the past three months, this stock’s price has fallen by -$0.04, or -33.28%. This year-to-date, Comstock Mining Inc. (LODE) shares have lost -$0.05, or -38.35%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Comstock Mining Inc. (LODE) stock, 100% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Sell .”

With 116,230 K shares outstanding, this company currently has a market capitalization of $9,531K. Comstock Mining Inc. (LODE) generates $150 K in annual sales, amounting to annual net income of -$9,480 K. This stock has generated a 1-Year Total Return of -53.41%, a 3-Year Total Return of -93.17%, and a 5-year Total Return of -98.51%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in 12/16, Comstock Mining Inc. (LODE) reported earnings of -$0.02 per share. In the previous quarter ending in 09/16, the reported earnings of -$0.01 represented a 0.01 difference from the consensus estimate calling for -$0.02 per share, which was a 50.00% surprise.

In the year-ago quarter, Comstock Mining Inc. (LODE) generated per-share earnings of -$0.02. If the analysts are correct about the current quarter’s earnings, the growth will be +4,995,100.00%.

Turning our focus now to insider trading activity, there have been 0 purchases (0 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 0 insider buys amounting to 0 shares and 0 insider sales amounting to 0 shares. In the past full year, 0 insider purchases were made (involving 0 shares) and 0 insider sell-offs equivalent to 0 shares.

Moving onto liquidity, Comstock Mining Inc. (LODE) has a Current Ratio of 3.58, a Quick Ratio of 3.58 and a Cash Ratio of 0.20. Looking at this company’s capital structure, its Total Debt to Total Equity is 97.69, its Total Debt to Total Capital is 49.41, and its Total Debt to Total Assets is now 32.04. Looking even further ahead into the future, its Long-Term Debt to Equity is -5.25 and its Long-Term Debt to Total Capital is 94.38.