The Zacks: Comstock Mining Inc (LODE) Receives Consensus Recommendation of “Strong Buy” from Brokerages

The Zacks: Comstock Mining Inc (LODE) Receives Consensus Recommendation of “Strong Buy” from Brokerages

Comstock Mining Inc (NYSE:LODE) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 12 month consensus price objective of $1.20 for the company and are expecting that the company will post ($0.02) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Comstock Mining an industry rank of 210 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research raised shares of Comstock Mining from a “sell” rating to a “hold” rating in a report on Wednesday, October 5th.

Comstock Mining (NYSE:LODE) opened at 0.308 on Thursday. The company’s market capitalization is $56.45 million. Comstock Mining has a 12-month low of $0.30 and a 12-month high of $0.64. The company has a 50-day moving average of $0.36 and a 200 day moving average of $0.38.

About Comstock Mining

Comstock Mining Inc is a gold and silver mining company. The Company holds properties in the Comstock and Silver City mining districts (collectively, the Comstock District). The Company’s segments include mining and real estate. The mining segment consists of the Company’s activities and expenditures associated with mining.

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