Welcome to our dedicated page for Comstock news (Ticker: LODE), a resource for investors and traders seeking the latest updates and insights on Comstock stock.
Comstock Inc (NYSE MKT: LODE) combines historic precious metals mining in Nevada's Comstock District with cutting-edge renewable energy solutions and advanced materials recovery technologies. This news hub provides investors and industry observers with timely updates on the company's dual-focused operations spanning traditional resource extraction and sustainable innovation.
Access comprehensive coverage of Comstock's operational developments, including quarterly earnings reports, mining expansion initiatives, and breakthroughs in biomass conversion and electronics recycling technologies. Our curated news collection enables stakeholders to track strategic partnerships, environmental stewardship efforts, and progress in artificial intelligence applications for materials science.
Key updates include announcements about precious metal production, land acquisition developments, and renewable fuel commercialization. The repository serves as an essential resource for understanding how Comstock balances its heritage in mineral exploration with forward-looking sustainable resource recovery solutions.
Bookmark this page for direct access to verified company announcements and objective reporting on Comstock's unique position at the intersection of traditional mining and green technology innovation.
Comstock Inc. (NYSE: LODE) announced the receipt of an additional $7 million from the sale of the LINICO Battery Recycling Facility to American Battery Technology Company, totaling $18 million received of the $27.6 million purchase price. The facility purchase has been completed, with more than $8 million expected within three months, including $3 million due shortly. The transaction is expected to net Comstock over $14 million after expenses. Comstock has expanded its metals recycling business and aims to exceed a $30 million asset sale target this year. The deal includes 10 million restricted shares of ABTC common stock, with registration for resale filed with the SEC.
Comstock Inc. (NYSE: LODE) will host a webinar on May 3, 2023, at 4:15 PM ET, featuring Executive Chairman & CEO Corrado De Gasperis and COO William McCarthy. They will discuss the company’s Q1 financial results and upcoming business milestones. The webinar aims to provide investors and interested parties with insights into Comstock’s innovative technologies focused on systemic decarbonization. Interested individuals can register through the provided link. Comstock specializes in converting under-utilized natural resources into renewable fuels and advanced materials synthesis, emphasizing their commitment to global decarbonization efforts.
Comstock Inc. (NYSE: LODE) expressed gratitude to shareholders in a recent letter from its executive chairman and CEO, highlighting successful integration of acquisitions and technological breakthroughs in various sectors. The company is focused on commercializing innovative technologies for decarbonization, emphasizing significant advancements in its renewable fuels and metals recycling initiatives. Comstock aims to finalize licensing agreements that could yield long-term royalty revenue and has made strides in confirming substantial mineral resources across its properties. The company is also developing generative AI capabilities through its subsidiary, GenMat, with plans for broader engagement and transparency with investors through events planned for 2023.
FAQ
What is the current stock price of Comstock (LODE)?
What is the market cap of Comstock (LODE)?
