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Comstock Inc (LODE) Becoming More Attractive for Investors

In a filing, Comstock Inc revealed its Director Drozdoff Leo M acquired Company’s shares for reported $18600.0 on Nov 09 ’23. In the deal valued at $0.47 per share,40,000 shares were bought. As a result of this transaction, Drozdoff Leo M now holds 400,000 shares worth roughly $0.13 million.

Then, MCCARTHY WILLIAM JOSEPH bought 24,000 shares, generating $9,744 in total proceeds. Upon buying the shares at $0.41, the Chief Operating Officer now owns 1,524,000 shares.

Before that, MCCARTHY WILLIAM JOSEPH bought 3,000 shares. Comstock Inc shares valued at $1,207 were divested by the Chief Operating Officer at a price of $0.40 per share. As a result of the transaction, MCCARTHY WILLIAM JOSEPH now holds 1,527,000 shares, worth roughly $0.49 million.

Singular Research initiated its Comstock Inc [LODE] rating to a Buy in a research note published on April 23, 2014; the price target was $2.25. A number of analysts have revised their coverage, including Global Hunter Securities’s analysts, who began to cover the stock in mid March with a ‘”a Speculative buy”‘ rating.

Price Performance Review of LODE

On Monday, Comstock Inc [AMEX:LODE] saw its stock fall -1.09% to $0.32. Over the last five days, the stock has lost -5.07%. Comstock Inc shares have fallen nearly -41.97% since the year began. Nevertheless, the stocks have fallen -21.38% over the past one year. While a 52-week high of $0.99 was reached on 01/03/24, a 52-week low of $0.31 was recorded on 04/15/24. SMA at 50 days reached $0.4040, while 200 days put it at $0.4708. A total of 0.56 million shares were traded, compared to the trading of 1.34 million shares in the previous session.

Levels Of Support And Resistance For LODE Stock

The 24-hour chart illustrates a support level at 0.3104, which if violated will result in even more drops to 0.3027. On the upside, there is a resistance level at 0.3253. A further resistance level may holdings at 0.3325. The Relative Strength Index (RSI) on the 14-day chart is 36.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0144, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.12%. Stochastics %K at 22.13% indicates the stock is a holding.

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