Comstock Inc.

Comstock Inc.

LODEยทAMEX

$4.50

+14%
Real EstateReal Estate - Services

Comstock Inc. engages in the exploration, development, and production of mineral properties in Nevada. The company explores for gold, silver, lithium, nickel, cobalt, and mercury ores. It operates in two segments, Mining and Real Estate. The Mining segment owns and controls approximately 9,358 acres of mining claims and parcels, including approximately 2,396 acres of patented claims and surface parcels; and approximately 6,962 acres of unpatented mining claims in the Comstock and Silver City districts, as well as focuses on exploring and developing properties in the Lucerne and Dayton resource areas; and Occidental and Gold Hill mineral properties. The Real Estate segment comprises land and real estate rental properties, as well as the Gold Hill Hotel and Daney Ranch properties. It has collaboration agreements with Oro Industries Inc. and Mercury Clean Up, LLC for the manufacture and deployment of mercury remediation systems with proprietary mechanical, hydro, electro-chemical, and oxidation processes to reclaim and remediate mercury from soils, waste, and tailings. The company was formerly known as Comstock Mining Inc. and changed its name to Comstock Inc. in May 2022. Comstock Inc. was incorporated in 2008 and is based in Virginia City, Nevada.

At a Glance

Live Snapshot
Market Cap$166.66M
EPS-1.1700
P/E Ratio-3.85
Earnings Date08/13/2026
Comstock Inc.

Comstock Inc. Fair Value Envelope

LODE ยท AMEX

Our analysis suggests that LODE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $4.505, this represents a potential HIDDEN relative to our calculated worth for Comstock Inc..

Intrinsic Value
Current Price: $4.505

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$21.4M
+ Cash & Equivalents$17.0M
Firm Value-$4.5M
- Debt$30.7M
Equity Value-$35.2M
/ Shares Outstanding35,953,079B
DCF Value-$1
OVERVALUED BY 122%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$12.2M
-$6.1M
-$3.0M
-$1.5M
-$762.1K
-$381.0K
-$190.5K
-$95.3K
-$47.6K
-$23.8K
Maintenance CapEx
-$233.8K
-$116.9K
-$58.4K
-$29.2K
-$14.6K
-$7.3K
-$3.7K
-$1.8K
-$913
-$457
Owner Earnings
-$12.4M
-$6.2M
-$3.1M
-$1.6M
-$776.7K
-$388.4K
-$194.2K
-$97.1K
-$48.5K
-$24.3K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$11.5M
-$5.3M
-$2.5M
-$1.1M
-$528.6K
-$244.7K
-$113.3K
-$52.5K
-$24.3K
-$11.2K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.