Technical Indicator Analysis for Comstock Mining, Inc. (NYSE:LODE)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Comstock Mining, Inc. (NYSE:LODE) for the period of 9-Day stands at 19.49% while the stochastic %D for the same period stands at 22.56%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Comstock Mining, Inc. (NYSE:LODE) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Comstock Mining, Inc. (NYSE:LODE) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Comstock Mining, Inc. (NYSE:LODE)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Comstock Mining Inc., formerly known as GoldSpring, Inc., is a North American precious metals mining company, focused in Nevada, with property in the Comstock Lode District. Comstock Mining is based in Virginia City, Nevada.

Previous Day Activity Analysis

On the last trading day, Comstock Mining, Inc. (NYSE:LODE) opened the session at $0.14 and after going down -1.41% closed at $0.13. The stock lost -0.01 points in the last trade.

Comstock Mining, Inc. (NYSE:LODE)’s stock fluctuated in the range of $0.130 and $0.140 during the previous active session. Comstock Mining, Inc. (NYSE:LODE) traded with the volume of 1.59 Million with average volume of 2.98 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at -0.67 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.01 and 28.47 respectively.

Currently the Insider Ownership of the shares of Comstock Mining, Inc. (NYSE:LODE) is at 24.82% and the shares outstanding are 201.38 Million.

Important Ratio Analysis

Some important ratios to consider here for Comstock Mining, Inc. (NYSE:LODE) are discussed below:

The Price to Sale P/S and Price to Book P/B shows the value of 16.78 and 1.9 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 67.11 and 0 correspondingly.

The Quick Ratio of Comstock Mining, Inc. (NYSE:LODE) stands at 0 while the Current Ratio depicts the value of 3.6.

Return on Assets ROA of Comstock Mining, Inc. (NYSE:LODE) is at -36.8% whereas, Return on Equity ROE and Return of Investment ROI of Comstock Mining, Inc. (NYSE:LODE) stand at -81.6% and -42.7% respectively.

Stock Performance Analysis

The stock performance of Comstock Mining, Inc. (NYSE:LODE) on the basis of 5 day trade show the dip of -5.46% whereas, the monthly performance of the stock shows decrease of -19.21%.

The quarterly performance of the stock remained in red zone with the value of -33.15% while six month performance of the shares of Comstock Mining, Inc. (NYSE:LODE) remained bearish with the count of -33.35%.

The yearly and YTD performance of Comstock Mining, Inc. (NYSE:LODE) remained down at -57.74% and -49.32% respectively.