Reading LODE? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track LODE free→Reading LODE? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track LODE free→AMEXMaterialsOther Precious Metals & MiningSnapshot 2026-06-16
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak. Earnings quality cannot be assessed because the company was unprofitable over the past year. Management's recent track record has been unsteady, with frequent changes. Risk is elevated, and the sector backdrop is a headwind. Compared with sector peers, LODE is below typical. There is no valuation input available. The read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 0 valuation methods, at three horizons. Current price $4.33. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Not enough valuation methods to set a 12-month read yet.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Materials names rated weak grew net income 51% of the time over the next year (vs 59% for the rest of the cohort, n=1088).
Over the trailing year it converted 0.58x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates.
18 material management or governance events in the past 24 months, led by M&A activity. Historically, Materials names rated volatile grew net income 61% of the time over the next year (vs 51% for the rest of the cohort, n=235).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $-0.12 → $-0.12 (+0.0% / 30d). 1 raised, 0 cut, 1 covering analysts.
0 upgrades, 0 downgrades / 30d. 0% of analysts rate Buy.
0 positive, 1 negative / 30d. See F4 management tile for the event list.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$259.
How much price usually moves either way.
On a bad day, this stock has moved -$826.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $4,837.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Building these facilities is important. They help increase production and grow revenue.
Confirms:The first facility with 100,000 tons capacity is done early.
Disproves:There are delays in building the facility or no news on capacity.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for LODE yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
No upside scenarios in the latest snapshot.
No downside scenarios in the latest snapshot.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Changes in Registrant ’ s Certifying Accountant. On June 3, 2026, Comstock Inc., (the “Company”) was notified that Sadler, Gibb & Associates, LLC (“Sadler Gibb”) acquired substantially all of the assets of Assure CPA, LLC (“Assure”). The services previously provided by Assure will now be provided to the Company by Sadler Gibb. The Company anticipates that the audit services previously provided by Assure will now be provided by Sadler Gibb. The Company understands that the engagement team that…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Trailing four: 2023-Q2, 2023-Q3, 2024-Q1, 2024-Q3
A side-by-side read on sector standing, valuation, and risk versus Diversified Metals & Mining.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
LODE Comstock Inc | Below typical Show detailsSector percentile: 14 of 100 | — | elevated |
VALE VALE SA | — | full | moderate |
MP MP Materials | Typical Show detailsSector percentile: 51 of 100 | — | elevated |
SBSW SIBANYE STILLWATER LTD | — | — | high |
USAR USA Rare Earth, Inc. | — | — | high |
Not investment advice. As of 2026-06-16.
via XLB
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
The company aims to start monetizing transactions in 2026 as part of its corporate and mining objectives.
The company plans capital expenditures of approximately $14 million each for two facilities with 100,000 tons of annual capacity.
Future revenue growth will depend on customer replacements, pricing, and operating performance as production scales.
Why it matters: Changes in the accountant could affect audit quality and trust from investors.
Confirms:No major problems found in the next audit or financial reports.
Disproves:The audit finds major problems or delays in financial reports.
Results of Operations and Financial Condition. On May 7, 2026, Comstock Inc. announced its results of operations for the first quarter ended March 31, 2026. The news release is furnished as Exhibit 99.1 and incorporated by reference herein and therefore is not to be considered “filed” with the U.S. Securities and Exchange Commission (the “SEC”).
Results of Operations and Financial Condition. On March 24, 2026, Comstock Inc. announced its results of operations for the fiscal year ended December 31, 2025. The news release is furnished as Exhibit 99.1 and incorporated by reference herein and therefore is not to be considered “filed” with the U.S. Securities and Exchange Commission (the “SEC”).
Entry into a Material Definitive Agreement. As previously disclosed in the Company's Current Report on Form 8-K filed on August 12, 2025, Comstock Inc. (the “Company”) entered into a Note Amendment Agreement, dated August 8, 2025 (the “First Amendment”), with Georges Trust (the “Noteholder”), amending certain terms of the Company’s promissory note with the Noteholder in the remaining principal amount of $4,290,000 and due April 15, 2026 (the “Note”). Pursuant to the First Amendment, the Compa…
Entry into a Material Definitive Agreement. On March 23, 2026, Comstock Inc. (the “Company”) entered into a Cooperation Agreement (the “Agreement”) with MAK Capital Fund LP (“MAK Capital”). As of the date of the Cooperation Agreement, MAK Capital beneficially owns approximately 5,763,729 shares of the Company’s outstanding common stock. Pursuant to the Agreement, the Company agreed (i) to temporarily increase the size of its Board of Directors (the “Board”) from six (6) to eight (8) members;…