Friday, March 12, 2021
Comstock Mining (LODE)
Taking Stock of 2020 and Looking Ahead
Comstock Mining Inc. is an emerging innovator and leader in the sustainable extraction, valorization, and production of scarce natural resources, with a focus on high value strategic materials that are essential to meeting the rapidly increasing global demand for clean energy, carbon-neutrality, and natural products.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
A year of accomplishment. Comstock Mining hosted a well-attended Zoom meeting to discuss 2020 operational activities and the outlook for 2021. While the accomplishments are almost too numerous to mention, the company set the stage for the completion of an SK-1300 compliant resource estimate for the Dayton-Spring Valley resource in 2021, advanced its mercury remediation and gold extraction operations in the United States and Philippines, and enhanced its financial flexibility with the sale of the Lucerne project while retaining royalty interests. All facets of the company’s operations were positioned to create value for shareholders in the years ahead.
Transforming the business model. While Comstock is advancing its silver and gold resources in Nevada, the company’s investments in strategic metals recovery, including lithium-ion battery recycling and mercury remediation and gold extraction, could significantly accelerate revenue and cash flow growth …
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.