Added to YB: 2026-02-19
Pitch date: 2026-02-17
LODE [bullish]
Comstock Inc.
+35.48%
current return
Author Info
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
$2.79
Price Target
N/A
Dividend
N/A
EV/EBITDA
-5.41
P/E
-3.20
EV/Sales
178.46
Sector
Oil, Gas and Consumable Fuels
Category
growth
Comstock Situation: Why I Bought The Dip
LODE (increased position): Raised $46.5M at $2.75 (5x oversubscribed) + $5.6M ATM for $60M+ cash, $144.5M EV. Facility 1 on track Q1 commission/Q2 operation at ~$12M capex. 20% utilization profitable, Q3 target 25k tons ($10M profit at $60 silver), yr-end 35k tons ($20M profit). Facility 2 permit filed, equipment ordered March. Demo refinery 2027-28. Top competitor SolarCycle shuttered Texas ops. SSOF land deal expected Feb, est $125M to LODE (25% of $500-600M MSFT sale). Bioleum FMV cut to $500M, Series A launching.
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