Comstock Mining Net Worth
Comstock Mining Net Worth Breakdown | LODE |
Comstock Mining Net Worth Analysis
Comstock Mining's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Comstock Mining's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Comstock Mining's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Comstock Mining's net worth analysis. One common approach is to calculate Comstock Mining's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Comstock Mining's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Comstock Mining's net worth. This approach calculates the present value of Comstock Mining's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Comstock Mining's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Comstock Mining's net worth. This involves comparing Comstock Mining's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Comstock Mining's net worth relative to its peers.
Enterprise Value |
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To determine if Comstock Mining is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Comstock Mining's net worth research are outlined below:
| Comstock Mining is way too risky over 90 days horizon | |
| Comstock Mining has some characteristics of a very speculative penny stock | |
| Comstock Mining appears to be risky and price may revert if volatility continues | |
| Comstock Mining currently holds 10.93 M in liabilities with Debt to Equity (D/E) ratio of 0.24, which may suggest the company is not taking enough advantage from borrowing. Comstock Mining has a current ratio of 0.35, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Comstock Mining's use of debt, we should always consider it together with its cash and equity. | |
| Comstock Mining currently holds about 4.66 M in cash with (13.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Comstock Mining has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Comstock New Orleans Investor Conference 2024 - Marketscreener.com |
Comstock Mining uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Comstock Mining. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Comstock Mining's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Follow Comstock Mining's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 95.26 M.Market Cap |
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Project Comstock Mining's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.10 | 0.11 | |
| Return On Capital Employed | (0.14) | (0.14) | |
| Return On Assets | 0.09 | 0.09 | |
| Return On Equity | 0.12 | 0.11 |
When accessing Comstock Mining's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Comstock Mining's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Comstock Mining's profitability and make more informed investment decisions.
Please note, the presentation of Comstock Mining's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Comstock Mining's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Comstock Mining's management manipulating its earnings.
Evaluate Comstock Mining's management efficiency
Comstock Mining has return on total asset (ROA) of (0.1204) % which means that it has lost $0.1204 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3276) %, meaning that it created substantial loss on money invested by shareholders. Comstock Mining's management efficiency ratios could be used to measure how well Comstock Mining manages its routine affairs as well as how well it operates its assets and liabilities. At present, Comstock Mining's Return On Assets are projected to increase slightly based on the last few years of reporting. At present, Comstock Mining's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 24.3 M, whereas Other Assets are forecasted to decline to about 4.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.74 | 0.78 | |
| Tangible Book Value Per Share | 0.59 | 0.62 | |
| Enterprise Value Over EBITDA | 4.30 | 4.51 | |
| Price Book Value Ratio | 0.74 | 0.77 | |
| Enterprise Value Multiple | 4.30 | 4.51 | |
| Price Fair Value | 0.74 | 0.77 | |
| Enterprise Value | 64.8 M | 32.6 M |
Management at Comstock Mining focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Enterprise Value Revenue 46.007 | Revenue 1.9 M | Quarterly Revenue Growth (0.27) | Revenue Per Share 0.013 | Return On Equity (0.33) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Comstock Mining insiders, such as employees or executives, is commonly permitted as long as it does not rely on Comstock Mining's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Comstock Mining insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Comstock Mining time-series forecasting models is one of many Comstock Mining's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Comstock Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Comstock Mining Earnings per Share Projection vs Actual
When determining whether Comstock Mining is a strong investment it is important to analyze Comstock Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Comstock Mining's future performance. For an informed investment choice regarding Comstock Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Comstock Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Comstock Stock refer to our How to Trade Comstock Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Mining. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 26.933 | Earnings Share (0.12) | Revenue Per Share 0.013 | Quarterly Revenue Growth (0.27) | Return On Assets (0.12) |
The market value of Comstock Mining is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Mining's value that differs from its market value or its book value, called intrinsic value, which is Comstock Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Mining's market value can be influenced by many factors that don't directly affect Comstock Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comstock Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.