Comstock Stock Price, News & Analysis

Comstock Mining Inc. (NYSE: LODE) announced the acquisition of Renewable Process Solutions, Inc. (RPS) for 1,000,000 restricted shares, valuing the transaction at approximately $3.5 million. RPS specializes in engineering and renewable technology, having built 21 production facilities. RPS will enhance Comstock's lithium-ion battery recycling efforts through its expertise, and its President, Rahul Bobbili, will lead EPC processes for LiNiCo, Comstock's lithium recycling venture. The acquisition is expected to facilitate advanced lithium extraction technologies and expand operational capabilities.

Comstock Mining Inc. (NYSE: LODE) will participate in Noble Capital Markets' Virtual Road Show Series on June 22, 2021, at 10 AM PDT. The event will feature a corporate presentation by Corrado De Gasperis, Executive Chairman and CEO, followed by a Q&A session moderated by Noble Senior Research Analyst Mark Reichman. This live broadcast is free for all investors. Additionally, Comstock Mining is set to join the Russell Microcap Index effective June 28, 2021, enhancing its visibility in the market.

Comstock Mining Inc. (NYSE: LODE) announced that its Executive Chairman and CEO, Corrado De Gasperis, will present at the 2021 LD Micro Invitational XI Investor Conference on June 9, 2021. The presentation is scheduled from 10:30 to 11:00 AM EDT. Investors can register for the conference HERE.

Comstock will also join the Russell Microcap Index on June 28, 2021, reflecting its growth and value performance.

Comstock Mining Inc. (NYSE: LODE) announced its inclusion in the Russell Microcap Index, effective June 28, 2021, post-reconstitution. This membership highlights the company's market capitalization and growth potential. The company’s Executive Chairman, Corrado De Gasperis, emphasized that this recognition enhances their capital base, positioning Comstock for future growth. The Russell indexes are utilized by many investment managers and encompass approximately $10.6 trillion in assets.

Comstock Mining reported significant first-quarter 2021 results, including a net income of $8.2 million ($0.22 per share), a substantial increase from a net loss of $0.3 million in Q1 2020. Total operating costs fell to a credit of $0.3 million, down 127% year-over-year. The company secured majority equity in LINICO Corporation, a lithium-ion battery recycling firm, and launched the MCU project in the Philippines for mercury remediation. Total assets rose 63% to $70 million. Debt was completely extinguished, with cash and equivalents at $10.3 million.

Comstock Mining Inc. (NYSE: LODE) will host a conference call on May 12, 2021, at 8:00 a.m. PT to discuss its First Quarter 2021 results and provide a business update. Investors are encouraged to join 10-15 minutes early for the moderated Q&A session. The call can be accessed via a Zoom Webinar with ID 840 3861 2204. A recording will be available on the company website within 24 hours post-call. Comstock Mining focuses on sustainable mineral development, targeting clean, renewable resources essential for the growing demand in clean energy.

Comstock Mining Inc. (NYSE: LODE) announced that CEO Corrado De Gasperis will be interviewed by Adelaide Capital on April 13, 2021, at 11:00 am PDT. This follows their participation in the Adelaide Capital Battery Metals Charity Pitch Battle on March 25, where Comstock received the highest votes among fifteen competitors. The event raised funds for the Leukemia & Lymphoma Society of Canada. Comstock is focused on sustainable extraction and production of battery metals critical for clean energy and carbon-neutral initiatives.

Comstock Mining (NYSE: LODE) announced the appointment of Alexia Sober as Mercury Market and Grant Manager. Ms. Sober brings over 15 years of experience in areas including Policy Research, Mining, and Historical Archaeology. Her background will support Comstock's focus on environment-enhancing projects, particularly in precious metals and clean mercury technologies. Executive Chairman Corrado De Gasperis highlighted her community involvement and educational contributions as vital for long-term resource sustainability.