Movers and SHAKERS
Comstock Mining (LODE)
Comstock Mining Expected To Be Added To The Russell Microcap Index
Comstock Mining Inc is a mining company with a focus on gold and silver deposits in the Comstock and Silver City mining districts in Nevada. Its operations are divided into two segments, namely mining and real estate. Its mining projects include The Lucerne Resource area, the Dayton Resource area, the Spring Valley exploration target, the Northern Extension, Northern Targets and Occidental areas. The Real Estate segment involves land, real estate rental properties and a hotel, restaurant & bar provided by the Gold Hill Hotel located in Gold Hill, Nevada just south of Virginia City and the Daney Ranch, located just south of Silver City. The majority revenues are generated from the real estate segment.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
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Annual general meeting. Comstock Mining recently hosted its Annual General Meeting of Shareholders. In addition to conducting formal business, including voting for nominees for the Board of Directors and approving appointment of the company’s independent public accounting firm, the company provided an update on the company’s strategy and transformation to climate-smart mining and sustainable environmental solutions that include lithium ion battery recycling, strategic metal recovery and cathode production, along with global mercury remediation and gold extraction.
Comstock to join the Russell Microcap Index. Based on the preliminary list of additions published by FTSE Russell on June 4, Comstock Mining is expected to be added to the Russell Microcap Index with the reconstituted index effective after the market closes on June 25. Because the index is used as a benchmark for active investment strategies and for constructing passive index funds, we believe its ...
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.