Comstock (NYSEAMERICAN:LODE) Director Steven Yu-Tsung Pei Buys 79,559 Shares

Comstock Inc. (NYSEAMERICAN:LODE) Director Steven Yu-Tsung Pei purchased 79,559 shares of Comstock stock in a transaction dated Thursday, May 14th. The shares were bought at an average price of $3.42 per share, with a total value of $272,091.78. Following the completion of the transaction, the director owned 1,530,980 shares in the company, valued at approximately $5,235,951.60. This trade represents a 5.48% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Steven Yu-Tsung Pei also recently made the following trade(s):

• On Wednesday, May 13th, Steven Yu-Tsung Pei acquired 345,000 shares of Comstock stock. The shares were bought at an average price of $3.38 per share, with a total value of $1,166,100.00.

Comstock Trading Down 3.5%

Shares of Comstock stock opened at $3.32 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.51 and a quick ratio of 2.06. Comstock Inc. has a 1 year low of $2.24 and a 1 year high of $4.80. The company has a market capitalization of $252.02 million, a P/E ratio of -3.46 and a beta of 1.31. The business has a 50 day moving average price of $3.16 and a 200 day moving average price of $3.29.

Comstock (NYSEAMERICAN:LODE) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.14) earnings per share (EPS) for the quarter. Comstock had a negative return on equity of 32.51% and a negative net margin of 4,011.56%.The company had revenue of $0.31 million for the quarter. Sell-side analysts anticipate that Comstock Inc. will post -0.37 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. raised its position in shares of Comstock by 133.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 7,000 shares of the company’s stock worth $26,000 after purchasing an additional 4,000 shares during the last quarter. Marathon Capital Management raised its position in shares of Comstock by 48.1% during the 3rd quarter. Marathon Capital Management now owns 20,000 shares of the company’s stock worth $68,000 after purchasing an additional 6,500 shares during the last quarter. Jefferies Financial Group Inc. acquired a new position in shares of Comstock during the 4th quarter worth approximately $39,000. Wealth Effects LLC acquired a new position in shares of Comstock during the 1st quarter worth approximately $34,000. Finally, MML Investors Services LLC acquired a new position in shares of Comstock during the 4th quarter worth approximately $45,000. 7.96% of the stock is currently owned by institutional investors and hedge funds.

About Comstock

Comstock Mining, Inc (NYSE: LODE) is a growth-oriented mineral exploration and production company focused on the historic Comstock Lode in Virginia City, Nevada. The company’s primary business activities include the development, extraction and sale of gold and silver from its flagship Lucerne project. Comstock leverages modern mining techniques and infrastructure to access high-grade ore bodies in one of North America’s most renowned silver-gold districts.

In addition to its core precious metals operations, Comstock Mining maintains a commercial real estate division centered in Virginia City’s historic district.