Added to YB: 2026-04-17
Pitch date: 2026-04-15
LODE [bullish]
Comstock Inc.
-2.56%
current return
Author Info
SpruceHill Capital is a value investor with a focus on illiquid small and micro cap stocks. Sign up for the newsletter.
Company Info
Comstock Inc. engages in the systemic decarbonization business in Nevada and internationally. The company operates through five segments: Fuels, Metals, Mining, Strategic Investments, and Corporate Services.
Market Cap
$229.8M
Pitch Price
$3.13
Price Target
93.00 (+2949%)
Dividend
N/A
EV/EBITDA
-7.03
P/E
-2.59
EV/Sales
151.18
Sector
Oil, Gas and Consumable Fuels
Category
growth
Comstock: >10x Upside with Downside Protected by Tangible Assets
LODE: Solar panel recycler targeting $450M profit vs $230M market cap. 1 facility = $90M rev, $75M FCF at 90% utilization, $60 silver (currently $77). 6-7 facilities planned by 2030. EOL solar waste to grow 10x over 5 years; only US recycler w/ 100% zero-landfill cert. Downside protected: $55M cash + $350M non-core assets (land, mines) for sale. 76% stake in $500M Bioleum (renewable fuel, future IPO). Risk: execution unproven at scale, past dilution eroded trust. Potential 10-30x if scaled.
Read full article (7 min)