(LODE) Comstock Mining - Ratings and Ratios
Renewable Fuels, Metals, Mining Services, Real Estate
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 93.8% |
| Value at Risk 5%th | 145% |
| Relative Tail Risk | -6.30% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.73 |
| Alpha | -13.31 |
| CAGR/Max DD | 0.13 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.567 |
| Beta | 0.950 |
| Beta Downside | 1.264 |
| Drawdowns 3y | |
|---|---|
| Max DD | 85.48% |
| Mean DD | 54.27% |
| Median DD | 58.97% |
Description: LODE Comstock Mining November 17, 2025
Comstock Mining Inc. (NYSE MKT: LODE) positions itself as a “systemic decarbonization” company operating in Nevada and abroad, with five business segments: Fuels, Metals, Mining, Strategic Investments, and Corporate Services. Its core technology converts lignocellulosic biomass-typically agricultural residues-into intermediate chemicals that can be refined into advanced renewable fuels. The firm fully owns two Nevada mining assets, the Lucerne Project (Storey County) and the Spring Valley Project (Lyon County), and supplements its revenue by offering engineering-construction services and making non-mining real-estate, water-rights, and securities investments. Incorporated in 2008, the company is headquartered in Virginia City, Nevada, and is classified under the GICS sub-industry “Gold.”
Key quantitative touchpoints (as of the latest 2023 filing) include a market-cap of roughly $70 million, cash and short-term investments of about $30 million, and annual revenue under $5 million, reflecting the early-stage nature of its biomass-to-fuel platform. The gold segment remains a material exposure: Nevada’s gold output has risen 4 % YoY in 2024, driven by higher ore grades and a gold price averaging $1,950 per ounce-both supportive of LODE’s metal-focused operations. On the macro side, the global renewable-fuel market is projected to grow at a CAGR of ~7 % through 2030, providing a tailwind for any firm that can commercialize low-cost, low-carbon feedstocks.
For a deeper, data-driven assessment of how Comstock’s hybrid mining-and-decarbonization model stacks up against peers, you may find the analytics on ValueRay worth a look.
Piotroski VR‑10 (Strict, 0-10) 0.5
| Net Income (-52.6m TTM) > 0 and > 6% of Revenue (6% = 166.7k TTM) |
| FCFTA -0.17 (>2.0%) and ΔFCFTA -4.14pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 767.2% (prev 948.0%; Δ -180.8pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.13 (>3.0%) and CFO -22.8m > Net Income -52.6m (YES >=105%, WARN >=100%) |
| NO Net Debt/EBITDA fails (EBITDA <= 0) |
| Current Ratio 2.54 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (41.7m) change vs 12m ago 121.8% (target <= -2.0% for YES) |
| Gross Margin -53.14% (prev -13.36%; Δ -39.78pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 1.98% (prev 1.80%; Δ 0.19pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -20.55 (EBITDA TTM -47.2m / Interest Expense TTM 2.44m) >= 6 (WARN >= 3) |
Altman Z'' -15.40
| (A) 0.12 = (Total Current Assets 35.1m - Total Current Liabilities 13.8m) / Total Assets 176.3m |
| (B) -2.07 = Retained Earnings (Balance) -365.5m / Total Assets 176.3m |
| warn (B) unusual magnitude: -2.07 — check mapping/units |
| (C) -0.36 = EBIT TTM -50.2m / Avg Total Assets 140.0m |
| (D) -6.69 = Book Value of Equity -365.3m / Total Liabilities 54.6m |
| Total Rating: -15.40 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 32.15
| 1. Piotroski 0.50pt |
| 2. FCF Yield -18.52% |
| 3. FCF Margin data missing |
| 4. Debt/Equity 0.23 |
| 5. Debt/Ebitda 0.09 |
| 6. ROIC - WACC (= -48.58)% |
| 7. RoE -64.52% |
| 8. Rev. Trend 48.79% |
| 9. EPS Trend -39.43% |
What is the price of LODE shares?
Over the past week, the price has changed by +13.54%, over one month by +9.17%, over three months by +0.00% and over the past year by -4.30%.
Is LODE a buy, sell or hold?
- Strong Buy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the LODE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 5.4 | 45.8% |
| Analysts Target Price | 5.4 | 45.8% |
| ValueRay Target Price | 3.4 | -7.6% |
LODE Fundamental Data Overview December 15, 2025
P/S = 60.1493
P/B = 1.4116
Beta = 1.589
Revenue TTM = 2.78m USD
EBIT TTM = -50.2m USD
EBITDA TTM = -47.2m USD
Long Term Debt = 11.1m USD (from longTermDebt, last quarter)
Short Term Debt = 158.7k USD (from shortTermDebt, last quarter)
Debt = 27.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -4.04m USD (from netDebt column, last quarter)
Enterprise Value = 163.1m USD (167.1m + Debt 27.7m - CCE 31.7m)
Interest Coverage Ratio = -20.55 (Ebit TTM -50.2m / Interest Expense TTM 2.44m)
FCF Yield = -18.52% (FCF TTM -30.2m / Enterprise Value 163.1m)
FCF Margin = -1087 % (FCF TTM -30.2m / Revenue TTM 2.78m)
Net Margin = -1894 % (Net Income TTM -52.6m / Revenue TTM 2.78m)
Gross Margin = -53.14% ((Revenue TTM 2.78m - Cost of Revenue TTM 4.25m) / Revenue TTM)
Gross Margin QoQ = -2885 % (prev -139.7%)
Tobins Q-Ratio = 0.93 (Enterprise Value 163.1m / Total Assets 176.3m)
Interest Expense / Debt = 1.21% (Interest Expense 336.1k / Debt 27.7m)
Taxrate = 21.0% (US default 21%)
NOPAT = -39.7m (EBIT -50.2m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.54 (Total Current Assets 35.1m / Total Current Liabilities 13.8m)
Debt / Equity = 0.23 (Debt 27.7m / totalStockholderEquity, last quarter 118.4m)
Debt / EBITDA = 0.09 (negative EBITDA) (Net Debt -4.04m / EBITDA -47.2m)
Debt / FCF = 0.13 (negative FCF - burning cash) (Net Debt -4.04m / FCF TTM -30.2m)
Total Stockholder Equity = 81.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -29.85% (Net Income -52.6m / Total Assets 176.3m)
RoE = -64.52% (Net Income TTM -52.6m / Total Stockholder Equity 81.6m)
RoCE = -54.18% (EBIT -50.2m / Capital Employed (Equity 81.6m + L.T.Debt 11.1m))
RoIC = -40.27% (negative operating profit) (NOPAT -39.7m / Invested Capital 98.5m)
WACC = 8.30% (E(167.1m)/V(194.8m) * Re(9.52%) + D(27.7m)/V(194.8m) * Rd(1.21%) * (1-Tc(0.21)))
Discount Rate = 9.52% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 90.12%
Fair Price DCF = unknown (Cash Flow -30.2m)
EPS Correlation: -39.43 | EPS CAGR: -4.51% | SUE: -0.36 | # QB: 0
Revenue Correlation: 48.79 | Revenue CAGR: -41.21% | SUE: -2.03 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.08 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.08 | Chg30d=-0.165 | Revisions Net=+0 | Growth EPS=+91.2% | Growth Revenue=+1798.3%
Additional Sources for LODE Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle