Overall market sentiment has been down on Comstock Mining Inc (LODE) stock lately. LODE receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Comstock Mining Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LODE!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With LODE Stock Today?
Comstock Mining Inc (LODE) stock is trading at $1.29 as of 10:51 AM on Friday, Jan 7, a loss of -$0.04, or -3.01% from the previous closing price of $1.33. The stock has traded between $1.29 and $1.38 so far today. Volume today is light. So far 227,792 shares have traded compared to average volume of 1,023,580 shares.
More About Comstock Mining Inc
Comstock Mining Inc. (NYSE: LODE) (the 'Company') 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. To learn more, please visit www.comstockmining.com. In 2021 Comstock was included in the Russell Microcap(R) Index. Membership in the Russell Microcap(R) Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
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