Time to Reconsider Comstock Mining Inc (NYSEAMERICAN:LODE) After Less Short Sellers?

Comstock Mining Inc. (NYSEAMERICAN:LODE) Logo

The stock of Comstock Mining Inc (NYSEAMERICAN:LODE) registered a decrease of 2.62% in short interest. LODE’s total short interest was 2.29M shares in January as published by FINRA. Its down 2.62% from 2.35 million shares, reported previously. With 954,600 shares average volume, it will take short sellers 2 days to cover their LODE’s short positions. The short interest to Comstock Mining Inc’s float is 4.74%.

The stock decreased 2.87% or $0.0043 during the last trading session, reaching $0.1457. About 537,477 shares traded. Comstock Mining Inc. (NYSEAMERICAN:LODE) has declined 58.33% since January 12, 2018 and is downtrending. It has underperformed by 58.33% the S&P500.

Comstock Mining Inc. engages in the exploration, development, and production of gold and silver in Nevada. The company has market cap of $10.32 million. The firm operates through Mining and Real Estate divisions. It currently has negative earnings. The Mining segment owns and controls approximately 9,272 acres, including approximately 2,347 acres of patented claims and surface parcels; and approximately 6,925 acres of unpatented mining claims in the Comstock and Silver City districts.

More notable recent Comstock Mining Inc. (NYSEAMERICAN:LODE) news were published by: Globenewswire.com which released: “Comstock Mining Receives National Sustainable Mineral Development Award; BLM Recognizes the Exceptional Reclamation of the Historic Silver Hill Mine Shaft – GlobeNewswire” on October 01, 2018, also Globenewswire.com with their article: “Comstock Mining Commences Clean KAM-Thio Tests; Collaborating with Itronics on the Dayton Resource Development – GlobeNewswire” published on September 04, 2018, Prnewswire.com published: “EnSync Energy Systems Receives a Notice from NYSE American – PRNewswire” on January 12, 2019. More interesting news about Comstock Mining Inc. (NYSEAMERICAN:LODE) were released by: Investingnews.com and their article: “Vanadium Production in the United States Key to Energy Technologies – Investing News Network” published on January 11, 2019 as well as Globenewswire.com‘s news article titled: “Comstock Mining Announces Notice of Third Quarter 2018 Results and Business Update Conference Call – GlobeNewswire” with publication date: October 18, 2018.

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