LODE - Comstock Mining Inc.

NYSE American - NYSE American Delayed Price. Currency in USD
0.1669
-0.0031 (-1.82%)
At close: 3:56PM EDT
Stock chart is not supported by your current browser
Previous Close0.1700
Open0.1700
Bid0.1348 x 3000
Ask0.2100 x 1200
Day's Range0.1660 - 0.1701
52 Week Range0.1200 - 0.3300
Volume754,981
Avg. Volume819,732
Market Cap14.27M
Beta (3Y Monthly)1.43
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • GlobeNewswire10 days ago

    Comstock Mining Reduces Debt by $700 Thousand; Receives Full $1 Million in Non-refundable Deposits

    VIRGINIA CITY, Nev., July 09, 2019 -- Comstock Mining Inc. (“Comstock” or “the Company”) (NYSE American: LODE) today announced that Tonogold Resources, Inc. (“Tonogold”).

  • GlobeNewswire21 days ago

    Comstock Mining Signs Definitive Agreement for Mercury Remediation Systems

    Comstock Mining Inc. and a subsidiary (collectively, the “Company” or “Comstock”) (NYSE American: LODE) announced today that it has entered into a definitive agreement with Mercury Clean Up LLC (“MCU”), in collaboration with Oro Industries Inc. (“Oro”), for the manufacture and global deployment of mercury remediation systems with proprietary mechanical, hydro, electro-chemical and oxidation processes to reclaim, treat and remediate mercury from tailings and industrial effluents derived from mining and other industrial applications. Oro owns all of the intellectual property and MCU has the exclusive worldwide rights to the proprietary mercury treatment system (the “Mercury Remediation System.”) MCU, in partnership with Comstock, will deploy that solution globally.

  • GlobeNewswire22 days ago

    Comstock Mining Advances Lucerne Sale; Receives Additional Non-refundable Deposit and NYSE Notifications

    Comstock Mining Inc. (“Comstock” or “the Company”) (NYSE American: LODE) today announced that Tonogold Resources, Inc. (“Tonogold”) (TNGL) has paid an additional non-refundable cash deposit of $600,000 toward the purchase of the Company’s Lucerne properties. On January 24, 2019, the Company entered into an agreement with Tonogold to sell its Lucerne properties for $15 million ($11.5 million in cash and $3.5 million in stock). On June 21, the Company entered into a Third Purchase Agreement Amendment that provides for Tonogold to deliver $11.5 million in cash at closing, less the total amounts of the cumulative non-refundable cash payments made by Tonogold at that time, now totaling $2.95 million.

  • GlobeNewswire29 days ago

    Comstock Mining Advances Realignment; Approves Joint Venture

    The Company has now completed the realignment such that all of the Lucerne properties are now wholly owned or controlled by Comstock Mining LLC, the entity that Tonogold Resources Inc. (“Tonogold”) will acquire in purchasing the Lucerne properties. Comstock Mining Inc. is the parent company that wholly owns the realigned subsidiaries. Comstock Mining LLC owns or controls Lucerne properties, including those contained in Northern Comstock Joint Venture.

  • GlobeNewswirelast month

    Comstock Mining Receives Preferred Stock Payment

    VIRGINIA CITY, Nev., June 06, 2019 -- Comstock Mining Inc. (the “Company” or “Comstock”) (NYSE American: LODE) announced that it received the 3,920 in Series D Convertible.

  • GlobeNewswire2 months ago

    Comstock Mining Reaffirms Continued Listing Standards

    Comstock Mining Inc. (the “Company”) (NYSE American: LODE) today received a letter from the NYSE American LLC (the “NYSE”) stating that the Company is in compliance with the NYSE’s continued listing standards set forth in Part 10 of the NYSE’s Company Guide. The NYSE specifically noted that the Company has cured the Company’s previously announced low selling price deficiency and that the “.bc” designation will be removed from the Company’s trading symbol at the opening of trading tomorrow, June 4, 2019.

  • GlobeNewswire2 months ago

    Comstock Mining Announces Successful, Concurrent Reclamation; Achieves $350 Thousand Reduction in Reclamation Bond Requirement

    Comstock Mining Inc. (the “Company”) (NYSE American: LODE) announced today that the Nevada Division of Environmental Protection’s (NDEP) Bureau of Mining Regulation and Reclamation (BMRR) approved a reduction in its Lucerne reclamation bonding requirement from several successful environmental reclamation and restoration efforts.

  • GlobeNewswire2 months ago

    Comstock Mining Announces Accelerated Payment on Lucerne Transaction; Tonogold Accelerates $3.5 million Stock-based Down Payment

    Comstock Mining Inc. (“Comstock” or “the Company”) (NYSE American: LODE) today announced a further update and progress toward the completion of the sale of its Lucerne properties (“Lucerne”). Tonogold Resources, Inc. (“Tonogold”) has accelerated paying the non-refundable, $3.5 million stock-based component of the purchase price, representing 3500 Shares of Convertible Preferred Stock with a stated value of $1,000 per share plus a commitment fee of an additional 420 Shares of Convertible Preferred Stock with identical terms, in lieu of the $650,000 cash payment due this month.  This payment maintains the deadline for closing the transaction until June 21, 2019. On January 24, 2019, the Company entered into the Tonogold Agreement for the sale of its Lucerne properties to Tonogold for $15 million (representing $11.5 million in cash and $3.5 million in stock).

  • GlobeNewswire2 months ago

    Comstock Mining Receives Second Favorable Court Ruling

    VIRGINIA CITY, Nev., May 21, 2019 -- Comstock Mining Inc. (the “Company” or “Comstock”) (NYSE American: LODE) announced today that the First Judicial District Court of the.

  • GlobeNewswire2 months ago

    Comstock Mining and Lyon County Receive Favorable Court Ruling; Master Plan and Zoning Decisions Reaffirmed

    VIRGINIA CITY, Nev., May 15, 2019 -- Comstock Mining Inc. (the “Company”) (NYSE American: LODE) announced today that the Third Judicial District Court of the State of Nevada,.

  • GlobeNewswire2 months ago

    Comstock Mining Announces First Quarter 2019 Results

    VIRGINIA CITY, Nev., May 09, 2019 -- Comstock Mining Inc. (the “Company”) (NYSE American: LODE) today announced selected unaudited financial results for the fiscal quarter.

  • GlobeNewswire2 months ago

    Comstock Announces Solid Progress on Lucerne Transaction; Tonogold Commits Additional $1 million in Non-Refundable Deposits

    The Company understands that Tonogold Resources, Inc. (“Tonogold”) has secured significant interest for funding the Lucerne purchase and is finalizing negotiations of optimal terms and allocations. Comstock agreed to provide Tonogold with the flexibility to close on Lucerne on or prior to August 30, 2019, subject to making additional $1 million monthly non-refundable deposits in late June 2019 and late July 2019, if needed.

  • GlobeNewswire3 months ago

    Comstock Mining Announces Notice of First Quarter 2019 Results and Business Update Conference Call

    Comstock Mining Inc. (the “Company”) (NYSE American: LODE) will host a conference call on Thursday, May 9, 2019 at 8:00 a.m. Pacific Time/11:00 a.m. Eastern Time to report First Quarter results and provide a business update. Comstock Mining Inc. is a Nevada-based, gold and silver mining company with extensive, contiguous property in the Comstock District and is an emerging leader in sustainable, responsible mining. The Company began acquiring properties in the Comstock District in 2003.

  • GlobeNewswire4 months ago

    Comstock Mining Receives Additional $1 Million Toward Lucerne Mine Sale

    VIRGINIA CITY, Nev., March 19, 2019 -- Comstock Mining Inc. (the “Company” or “Comstock”) (NYSE American: LODE) announced today that it received a second $1 million.

  • GlobeNewswire5 months ago

    Comstock Mining Signs Agreements to Sell Non-Mining Assets; Announces Enhanced Strategic Focus and Formation of Comstock Opportunity Zone Fund

    Comstock Mining Inc. (the “Company”) (NYSE American: LODE) announced it has formally signed agreements to sell the Company’s non-mining assets in Silver Springs, Nevada. As part of the agreements, the Company retains a 3% future profit sharing interest on the resale of these assets.  The sales are expected to close between March and September 2019. The Company’s Board has also determined, consistent with the sale of these non-mining assets, it is in the best interests of the Company and its shareholders to implement a strategy that is solely focused on high-value, high cash-generating, precious metal-based activities, including, but not limited to, metals and mining and related supply chain ventures and acquisitions, mineral exploration, engineering, resource development, economic mineral production, metal refining and environmentally-friendly, conservation-based, economically enhancing mining technologies  and related processes.

  • GlobeNewswire5 months ago

    Comstock Mining Announces 2018 Year End Results; Advances Lucerne and Non-Mining Assets Sales

    Comstock Mining Inc. (the “Company”) (NYSE American: LODE) today announced selected unaudited financial results for the fiscal year ended December 31, 2018. The Company has also entered into definitive agreements with Tonogold Resources Inc. (“Tonogold”) to sell the Lucerne properties and accelerate the development of the Lucerne mine back into production.

  • GlobeNewswire6 months ago

    Comstock Mining Announces Lucerne Mine Sale, Enables Immediate Value

    Comstock Mining Inc. (the “Company” or “Comstock”) (NYSE American: LODE) announced today that it has entered into a definitive agreement, and received a $1 million non-refundable payment toward the sale of its Lucerne properties (~1200 acres) to Tonogold Resources, Inc. (“Tonogold”) (TNGL) for $15 million in cash, relief of $8 million in future lease and reclamation obligations, a permanent reduction of annual operating expenses by $1 million, and a retained 1.5% net smelter return royalty on the Lucerne properties. The company will transfer the ownership or control of the Lucerne properties and related permits, including the Storey County Special Use Permit for mining and processing that was recently extended to 2034.  The Company retains ownership and/or control of the remaining land position in the Comstock district, including but not limited to the Dayton, Spring Valley and the American Flat properties.

  • GlobeNewswire7 months ago

    Comstock Mining Receives Landmark Permit Extension; Unanimous Approval for 20-Year Permit Period

    VIRGINIA CITY, Nev., Dec. 06, 2018 -- Comstock Mining Inc. (“Comstock Mining” or “the Company”) (NYSE American: LODE) announced today that it received unanimous approval from.

  • GlobeNewswire8 months ago

    Comstock Mining Announces Update on Non-Mining Asset Sales

    The sale of the Gold Hill Hotel, to a local, experienced hotelier remains on schedule for closing in December. In addition, the Company has entered into discussion and negotiation with local investors for the sale of its non-mining assets located in Silver Springs, Nevada. Corrado De Gasperis, Executive Chairman and CEO commented, “The sale process for the Gold Hill Hotel has progressed without incident and we have and continue to be impressed by the professionalism, care and community involvement of the new owners and we warmly welcome them to the Comstock.

  • GlobeNewswire8 months ago

    Factors of Influence in 2018, Key Indicators and Opportunity within ChannelAdvisor, Texas Roadhouse, Socket Mobile, North American Construction Group, General Finance, and Comstock Mining — New Research Emphasizes Economic Growth

    NEW YORK, Nov. 15, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • GlobeNewswire9 months ago

    Comstock Mining Announces $4 million in Asset Sales, Third Quarter 2018 Results; Advances Dayton Feasibility with 90+ Foot High-Grade Discovery

    Comstock Mining Inc. (the “Company”) (NYSE American: LODE) today announced selected unaudited financial results for the fiscal quarter ended September 30, 2018. For the nine months ended September 30, 2018, the Company reported a reduction of approximately $1.7 million, or 23%, when compared to the same period in 2017, with approximately $1 million coming from Tonogold subsidies.