PFG Investments LLC Increases Position in Comstock Inc. (NYSE:LODE)

PFG Investments LLC boosted its position in Comstock Inc. (NYSE:LODE) by 218.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,388 shares of the company’s stock after purchasing an additional 43,500 shares during the period. PFG Investments LLC owned about 0.24% of Comstock worth $155,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of LODE. Geode Capital Management LLC increased its holdings in shares of Comstock by 21.1% in the fourth quarter. Geode Capital Management LLC now owns 1,942,689 shares of the company’s stock worth $1,556,000 after purchasing an additional 338,538 shares during the period. Mariner LLC purchased a new stake in Comstock during the fourth quarter valued at about $441,000. XTX Topco Ltd boosted its position in Comstock by 43.9% during the fourth quarter. XTX Topco Ltd now owns 108,408 shares of the company’s stock valued at $87,000 after buying an additional 33,095 shares during the period. PEAK6 LLC purchased a new stake in Comstock during the fourth quarter valued at about $156,000. Finally, Northern Trust Corp boosted its holdings in shares of Comstock by 180.4% during the fourth quarter. Northern Trust Corp now owns 438,743 shares of the company’s stock worth $351,000 after purchasing an additional 282,266 shares during the period. Hedge funds and other institutional investors own 7.96% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Comstock to a “sell” rating in a research note on Wednesday, March 12th.

Comstock Price Performance

Shares of NYSE LODE opened at $3.85 on Friday. Comstock Inc. has a fifty-two week low of $1.26 and a fifty-two week high of $10.10. The company has a 50 day simple moving average of $2.95 and a two-hundred day simple moving average of $3.25. The company has a market capitalization of $103.58 million, a price-to-earnings ratio of -32.08 and a beta of 1.54. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.45 and a current ratio of 2.45.

Comstock Company Profile

Comstock Inc engages in the systemic decarbonization business in Nevada and internationally. It operates through Renewable Energy, Mining, and Strategic and Other Investments segments. It will develop technology for the deploying of extraction and refining facilities that convert wasted and unused biomass and other natural resources; and a demonstration system to extract black mass containing lithium, graphite, nickel, cobalt, manganese, copper, aluminum, and other metals from up to lithium-ion batteries.