Added to YB: 2026-07-30
Pitch date: 2026-07-29
LODE [neutral]
Comstock Inc.
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
$215.1M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-5.39
P/E
-2.73
EV/Sales
203.39
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
The Market Got Comstock Wrong
LODE (holding update): Author mystified by -22% drop post-Q1 call. Mining asset sold, Metals commissioning on schedule. $5M Metals revenue guidance may have spooked market. Math: ~7,300 tons production x ($450 tipping fee + $250 offtake) = $5.1M. Mgmt sandbagging w/ upside risk; 25% utilization is exit run-rate, not annual. Storing fines for in-house processing at $400/ton vs $250 could miss $5M this yr but smart. Views concerns as transient.
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