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Comstock Inc. - LODE STOCK NEWS

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. (symbol: LODE) is a pioneering, Nevada-based company engaged primarily in gold and silver mining, as well as strategic investments in advanced technologies. The company's core business spans multiple segments including fuels, metals, mining, and strategic investments aimed at creating sustainable and responsible solutions across a variety of industries.

Mining Operations: Established in 2003, Comstock Inc. began acquiring properties in the historic Comstock District. They have consolidated a significant portion of this district, acquiring extensive geological data, securing permits, and building essential infrastructure. Commercial production commenced in 2012, and the company continues to expand its footprint by acquiring additional properties for further exploration and development.

Renewable Energy and Sustainable Solutions: Comstock Inc. leverages wasted and under-utilized natural resources to produce renewable energy, thereby contributing to global decarbonization efforts. Their biorefining technologies are designed to convert biomass into renewable fuels with low carbon intensity, achieving industry-leading yields. Strategic investments in projects like the Green Li-Ion battery recycling and RenFuel's catalytic esterification technology help them advance their mission of creating net-zero solutions.

Advanced Technologies: Comstock's portfolio includes investments in Quantum Generative Materials LLC (GenMat), which uses physics-based AI to discover new materials at a fraction of the time and cost of traditional methods. This enables the rapid development of advanced materials crucial for various industrial applications, including clean energy and sustainable mining.

Recent Achievements: Comstock Inc. has recently achieved significant milestones, including the commissioning of their first zero-landfill solar panel recycling facility. They have also recorded initial revenues from this facility, demonstrating strong market demand. These recycling efforts ensure that valuable materials like silicas, glass, steel, and copper are recovered and reused, contributing to a circular economy.

Financial Health: The company has recorded investment gains exceeding $25 million and a full-year net income of over $10.5 million. They have also realigned their investment strategies to enable third-party financing, further strengthening their financial position.

Partnerships and Future Plans: Comstock Inc. maintains productive relationships with stakeholders and partners, such as GHF and Alvin. These partnerships enable them to capitalize on opportunities in solar panel recycling, commercializing biofuels, and expanding technology readiness. The company is also engaged in commercial discussions for joint developments and licensing agreements, aiming for future revenue growth from engineering services.

Comstock Inc. is committed to using innovative technologies to minimize environmental impact while maximizing resource efficiency, positioning itself as a leader in sustainable and responsible mining and renewable energy solutions.

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Comstock Inc. to provide overview of recent financial results and upcoming milestones
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Comstock Inc. announces completion of milestones for scaling up its lignocellulosic biomass refining process and execution of an exclusive license agreement with RenFuel K2B AB. Comstock Fuels achieves extraordinary yields of over 100 gallons per dry tonne of biomass and low carbon intensity scores of 15 through catalytic esterification and hydrodeoxygenation. The license allows Comstock Fuels to refine its proprietary Bioleum biointermediates in the Americas.
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Comstock Inc. achieves significant milestones in biofuel production with yields of over 100 gallons per dry tonne of biomass and extremely low carbon intensity scores.
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Comstock Inc. completes Q3 2023 Stakeholder Perception Analysis Report, emphasizing technological breakthroughs for clean energy transition and transparency with shareholders.
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Comstock Inc. completes multiple asset sales, generating strong gains and advances in objectives.
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Comstock Inc. announces Q2 results and business updates. Technologies ready for commercialization. Monetization of investments expected to bring in over $35 million. Net loss decreased to $11.2 million. Expects completion of asset sales target of $30 million. Fuels and Metals divisions progressing with commercial agreements and production plans.
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Comstock Inc. (NYSE: LODE) will be hosting a webinar on August 10, 2023, to provide an overview of recent financial results and upcoming milestones. Investors and interested parties can register for the webinar using the provided link. A Q&A session will also be held, allowing participants to submit questions beforehand.
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Comstock Inc. announces a Mineral Exploration and Mining Lease Agreement with Mackay Precious Metals Inc. The lease covers the northernmost patented mining claims and exploration rights in the Comstock Mining District in Nevada. The lease has a term of 20 years and includes an initiation fee of $1.25 million and annual fees of $1.5 million for the first four years and $1 million thereafter. Comstock retains a 1.5% net smelter return royalty from all future precious metal production.
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FAQ

What is the current stock price of Comstock (LODE)?

The current stock price of Comstock (LODE) is $0.5351 as of January 7, 2025.

What is the market cap of Comstock (LODE)?

The market cap of Comstock (LODE) is approximately 116.8M.

What is the primary business of Comstock Inc.?

Comstock Inc. is engaged in gold and silver mining, as well as producing renewable energy from under-utilized natural resources. They also invest in advanced technologies for sustainable solutions.

How long has Comstock Inc. been operating in the Comstock District?

Comstock Inc. began acquiring properties in the Comstock District in 2003 and commenced commercial production in 2012.

What are the main segments of Comstock Inc.?

The main segments include Fuels, Metals, Mining, Strategic Investments, and Corporate.

What recent achievements has Comstock Inc. made?

Recent achievements include commissioning a zero-landfill solar panel recycling facility and recording investment gains of over $25 million.

Who are some of Comstock Inc.'s strategic partners?

Strategic partners include Quantum Generative Materials LLC, Green Li-Ion Pte Limited, and RenFuel.

What is the focus of Comstock Inc.'s renewable energy efforts?

The focus is on converting biomass into renewable fuels with low carbon intensity and recycling end-of-life materials for responsible reuse.

How does Comstock Inc. contribute to environmental sustainability?

They use technologies for accelerated reclamation, recycling materials, and producing renewable energy, aiming for net-zero carbon emissions.

What financial milestones has Comstock Inc. recently achieved?

The company has recorded a full-year net income of over $10.5 million and investment gains exceeding $25 million.

What are Comstock Inc.'s future plans?

Future plans include expanding their footprint in the Comstock District, enhancing renewable energy production, and pushing the commercialization of their advanced technologies.

Where can investors find more information about Comstock Inc.?

Investors can visit their website at www.comstock.inc or contact their investor relations team for more details.
Comstock Inc.

NYSE:LODE

LODE Rankings

LODE Stock Data

116.76M
207.04M
5.51%
5.53%
1.52%
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United States of America
VIRGINIA CITY,