Short Interest in Comstock Mining Inc (LODE) Grows By 9.5%

Comstock Mining Inc (NYSEAMERICAN:LODE) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 2,225,932 shares, a growth of 9.5% from the February 15th total of 2,033,094 shares. Based on an average trading volume of 471,974 shares, the days-to-cover ratio is currently 4.7 days. Approximately 2.1% of the shares of the company are sold short.

Shares of Comstock Mining (NYSEAMERICAN:LODE) opened at $0.28 on Friday. The company has a market capitalization of $13.87, a P/E ratio of -1.08 and a beta of -0.35. Comstock Mining has a 52-week low of $0.21 and a 52-week high of $1.35.

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Comstock Mining (NYSEAMERICAN:LODE) last posted its earnings results on Tuesday, February 20th. The mining company reported ($0.05) EPS for the quarter. The company had revenue of $0.03 million for the quarter. Comstock Mining had a negative return on equity of 77.74% and a negative net margin of 7,724.75%.

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Comstock Mining Company Profile

Comstock Mining Inc is a gold and silver mining company. The Company holds properties in the Comstock and Silver City mining districts (collectively, the Comstock District). The Company’s segments include mining and real estate. The mining segment consists of the Company’s activities and expenditures associated with mining.

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