Short Interest in Comstock Mining Inc (LODE) Decreases By 12.6%

Comstock Mining Inc (NYSEAMERICAN:LODE) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 1,945,488 shares, a decline of 12.6% from the February 28th total of 2,225,932 shares. Approximately 5.0% of the shares of the stock are short sold. Based on an average trading volume of 326,676 shares, the days-to-cover ratio is presently 6.0 days.

Shares of LODE stock opened at $0.26 on Tuesday. Comstock Mining has a 1-year low of $0.21 and a 1-year high of $1.35. The stock has a market cap of $12.25, a price-to-earnings ratio of -1.00 and a beta of -0.35.

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

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About Comstock Mining

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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