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Comstock Inc (LODE) Becoming More Attractive for Investors

Comstock Inc’s recently made public that its Director Drozdoff Leo M acquired Company’s shares for reported $29200.0 on Aug 14 ’24. In the deal valued at $0.15 per share,200,000 shares were bought. As a result of this transaction, Drozdoff Leo M now holds 600,000 shares worth roughly $0.17 million.

Then, BOBBILI RAHUL bought 25,000 shares, generating $6,350 in total proceeds. Upon buying the shares at $0.25, the Chief Engineering Officer now owns 1,100,000 shares.

Before that, BOBBILI RAHUL bought 25,000 shares. Comstock Inc shares valued at $7,258 were divested by the Chief Engineering Officer at a price of $0.29 per share. As a result of the transaction, BOBBILI RAHUL now holds 1,075,000 shares, worth roughly $0.3 million.

Noble Capital Markets downgraded its Comstock Inc [LODE] rating to a Market perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Singular Research’s analysts, who began to cover the stock in late April with a ‘”a Buy”‘ rating. Global Hunter Securities began covering LODE with “Speculative buy” recommendation on March 16, 2012.

Price Performance Review of LODE

On Monday, Comstock Inc [AMEX:LODE] saw its stock fall -46.77% to $0.28. Over the last five days, the stock has lost -58.13%. Comstock Inc shares have fallen nearly -64.76% since the year began. Nevertheless, the stocks have fallen -45.75% over the past one year. While a 52-week high of $1.01 was reached on 01/02/25, a 52-week low of $0.13 was recorded on 01/13/25. SMA at 50 days reached $0.4309, while 200 days put it at $0.3149.

Levels Of Support And Resistance For LODE Stock

The 24-hour chart illustrates a support level at 0.2389, which if violated will result in even more drops to 0.1956. On the upside, there is a resistance level at 0.3366. A further resistance level may holdings at 0.3910. The Relative Strength Index (RSI) on the 14-day chart is 38.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1332, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.79%. Stochastics %K at 22.30% indicates the stock is a holding.

How much short interest is there in Comstock Inc?

A steep rise in short interest was recorded in Comstock Inc stocks on 2024-12-31, growing by 3.43 million shares to a total of 6.72 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.3 million shares. There was a rise of 50.99%, which implies that there is a positive sentiment for the stock.

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