<- Go home

Added to YB: 2025-08-21

Pitch date: 2025-08-20

LODE [bullish]

Comstock Inc.

+59.49%

current return

Author Info

Investing on the Spicy Side is a home office's search for alpha in parts of the public capital markets where most investors can't, or won't go. Sign up for the newsletter.

Company Info

Comstock Inc. commercializes technologies, systems, and supply chains that extract, process, and convert under-utilized waste and natural resources into clean energy and clean energy supporting products in the United States.

Market Cap

$223.2M

Pitch Price

$2.37

Price Target

100.00 (+2546%)

Dividend

N/A

EV/EBITDA

-5.41

P/E

-3.20

EV/Sales

178.46

Sector

Oil, Gas and Consumable Fuels

Category

N/A

Show full summary:
Spicy #1 - Update 2, Ripping off the Financing Band-Aid - Comstock Resources, Inc.

LODE: Recent $30M raise at $2.25 (30% dilution) larger & cheaper than expected, but cleans balance sheet, funds first Metals plant, eliminates toxic financing cycle. Multiple new MSAs signed. Competitor SolarCycle struggling - market share opportunity. Despite dilution, 2030 valuation only drops 23% to $100/share. Still multi-bagger potential.

Read full article (6 min)