Notable Insider Trading: Comstock Mining, Inc. $LODE

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Comstock Mining, Inc. (ARCA:LODE) insider have most recently took part in a trading activity. On Dec 20, 2017 Degasperis Corrado F, Chairman, President and CEO bought 7,000 shares having total worth of $2,100 at the price of $0.3 per share, following the transaction a total of 241,100 shares owned by Degasperis Corrado F. Before this latest buy, Degasperis Corrado F purchased LODE at 1 other times during the past twelve months, for a total investment of $7,750 at an average of $0.31 per share.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 1 times by insiders. an employee of the company was the buyer in 1 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 65.95%
12 Month 1 0 -25.67%

Shares of Comstock Mining, Inc. (ARCA:LODE) traded down 6.97% on Dec 19, 2017, hitting $0.31. 817,775 shares of the company’s stock traded hands. Comstock Mining, Inc. has a 52 week low of $0.1 and a 52 week high of $0.6. The company’s market cap is $68 million.

Comstock Mining, Inc. (ARCA:LODE) last announced its earnings results on Oct 31, 2017. The company reported -0.01 earnings per share (EPS) for the quarter. The company had revenue of $0 million for the quarter During the same quarter in the previous year, the company posted -0.01 earnings per share. The company’s revenue for the quarter was down 98% on a year-over-year basis.

2017-10-31 2017-08-01 2017-05-04 2017-03-09 2016-10-20 2016-08-04 2016-05-05 2016-01-28 2015-10-22 2015-07-21
earnings per share -0.01 -0.02 -0.01 -0.02 -0.01 -0.02 -0.02 -0.05 -0.07 -0.03
Revenue(M) 0.03 0.03 0.02 0.42 1.14 1.49 2.02 2.42 4.35 5.4

Comstock Mining, Inc., was incorporated in Florida in 1999 and reincorporated in Nevada in 2008. The Company is a gold and silver mining company with contiguous property in the historic Comstock and Silver City mining districts. The Comstock District is located within the western portion of the Basin and Range Providence of Nevada, between Reno and Carson City. The Company began acquiring properties and developing projects in the Comstock District in 2003. Its Lucerne Resource area is located in Storey County, Nevada, approximately three miles south of Virginia City, Nevada and 30 miles southeast of Reno, Nevada. The Company also operates the Gold Hill Hotel located in Gold Hill, Nevada between Virginia City and the Comstock Mine Project. It continue acquiring additional properties in the Comstock District, expanding its footprint and creating opportunities for exploration and mining. The Company now owns or controls approximately 5,900 acres of mining claims and parcels in the Comstock and Silver City Districts. The acreage is comprised of approximately 1,350 acres of patented claims (private lands) and surface parcels (private lands) and approximately 4,550 acres of unpatented mining claims, which the Bureau of Land Management, administers.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.