Comstock Stock Price, News & Analysis

Comstock (NYSE: LODE) priced an underwritten public offering of 18,181,819 shares, expected to raise approximately $50 million in gross proceeds before fees. The company granted a 30-day option for up to 2,727,272 additional shares for over-allotments.

Net proceeds are intended to fund capital expenditures for a second industry-scale facility, development of a refining process, accelerated site selections and Metals market growth, with any remainder for general corporate purposes. The offering is expected to close on January 30, 2026.

Comstock (NYSE: LODE) has commenced an underwritten public offering of common stock and expects to grant underwriters a 30-day option to buy up to 15% additional shares to cover over-allotments. The company intends to use net proceeds to fund Comstock Metals' second industry-scale facility, develop a refining process and solution, accelerate site selections and Metals market growth, with any remainder for general corporate purposes. The offering is made from an effective Form S-3 shelf registration (No. 333-291705) and is subject to market conditions; Titan Partners is sole bookrunner. Final terms will be in the prospectus supplements available on the SEC website.

Comstock (NYSE: LODE) received the final $1.0M from Mackay Precious Metals, completing the sale of its residual 1.5% NSR royalty for an aggregate purchase price of $1.1M in cash.

The transaction raises total cash proceeds from the sale of the related properties, leasehold interests and royalties to over $4.0M, and together with approximately $3.8M previously received in lease payments and reimbursements since June 30, 2023, brings realized consideration to nearly $8.0M. The Mackay Lease was originally executed on June 30, 2023 and terminated on December 18, 2024 in favor of the MIPA. Comstock also received 240 acres of patented and unpatented mineral and other properties in Lyon County at no additional cost.

Management said the transactions support options to advance S-K 1300 compliant Dayton and permitted Lucerne resources.

Comstock (NYSE: LODE) secured an additional Ohio site to expand Comstock Metals’ national end-of-life solar panel recycling network. The Ohio location will serve as a centralized hub for collection, preparation, storage and aggregation of decommissioned PV panels, and is expandable into an industry-scale processing facility to serve Ohio and the broader Midwest. The site aims to recover materials such as aluminum, silver, copper and gallium under the company's certified zero-landfill recycling model. Comstock is also finalizing permit applications for a second integrated Nevada location with a site selection expected later this year.

Comstock (NYSE: LODE) opened a California satellite storage and prepping facility in the Central Valley to serve the state's solar market and western U.S. customers.

The site centralizes collection, handling, and logistics for decommissioned PV panels and prepares material for compliant interstate transport to Comstock Metals’ fully permitted Nevada recycling facility for recovery of aluminum, silver, copper, gallium and other metals.

Comstock (NYSE: LODE) received final regulatory approvals to fully permit its industry-scale solar panel recycling facility in Silver Springs, Nevada, including a Written Determination Permit from NDEP-BSMM and an Air Quality control permit on Jan 5, 2026.

The facility is designed to process >3 million panels per year (up to 100,000 tons annually) from a single continuous production line; major equipment was delivered in Q4 2025 and commissioning is scheduled for Q1 2026.

Comstock (NYSE: LODE) received an Air Quality Permit from the Nevada Division of Environmental Protection for its industry-scale solar panel recycling facility in Silver Springs, NV.

The facility is designed to process more than 3 million panels per year (up to 100,000 tons/year) from one continuous production line. Equipment orders and initial deliveries occurred in late December, with remaining deliveries expected in January and commissioning still scheduled for Q1 2026. A Written Determination Permit is in the public notice period and expected to be finalized shortly.

Comstock Metals (NYSE: LODE) was honored on Dec. 9, 2025 for business development by the Economic Development Authority of Western Nevada and received official recognition from U.S. Senators Catherine Cortez Masto and Jacky Rosen and Nevada Governor Joe Lombardo.

The company, described as a leader in responsible recycling of end-of-life solar panels with a certified North American zero-landfill solution, was recognized for growth, innovation, workforce excellence and community partnerships that support northern Nevada’s economy.

Management highlighted investments in the region’s workforce, public-private partnerships, and the environmental benefit of repurposing materials to prevent hazardous-waste contamination.

Bioleum (NYSE American: LODE) acquired Hexas Biomass for approximately $6.5 million on Dec 8, 2025, paying 146,637 shares of Bioleum common stock at $24/share, $500,000 in five annual cash payments of $100,000, and $2.5 million of convertible debt (convertible at $24/share or redeemable via 5% of Hexas revenues).

Hexas brings proprietary IP for high‑yield purpose‑grown energy crops (25–30+ dry metric tons/acre) and a claim of >100 barrels of biofuel per acre annually when paired with Bioleum refining. Hexas will continue operations under founder Wendy Owens as president.