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Comstock(LODE) - 2024 Q2 - Earnings Call Transcript
2024-08-09 17:37
Comstock Inc. (NYSE:LODE) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Trevor Brucato - RB Milestone Group, LLC Corrado De Gasperis - Executive Chairman & Chief Executive Officer William McCarthy - Chief Operating Officer Conference Call Participants Trevor Brucato Ladies and gentlemen, welcome to Comstock's Second Quarter 2024 Results and Business Update. This is Trevor Brucato with RB Milestone Group. Comstock's U.S. based Investor Relations firm. Comstock is listed on t ...
Comstock Inc. (LODE) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-08-08 23:16
Comstock Inc. (LODE) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.05 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.06, delivering a surprise of -50%. Over the last four quarters, the company has surpassed con ...
Comstock(LODE) - 2024 Q2 - Quarterly Results
2024-08-08 20:30
Exhibit 99.1 comstock COMSTOCK ANNOUNCES SECOND QUARTER 2024 RESULTS AND CORPORATE UPDATES Secures $325 Million Term Sheet for Investments and Real Estate Sales VIRGINIA CITY, NEVADA, AUGUST 8, 2024 - Comstock Inc. (NYSE: LODE) ("Comstock," "our," and the "Company"), today announced its second quarter 2024 results, certain business and investment updates and an updated business outlook, with significant progress from each business, corporate and collectively across the system. "While I have personally dedic ...
Comstock(LODE) - 2024 Q2 - Quarterly Report
2024-08-08 20:16
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______ TO ______. COMMISSION FILE NO.: 001-35200 COMSTOCK INC. (Exact name of registrant as specified in its charter) Nevada 65-0955118 (State or other jurisdict ...
Comstock Announces Second Quarter 2024 Results and Corporate Updates
GlobeNewswire News Room· 2024-08-08 20:15
VIRGINIA CITY, Nev., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock," "our," and the "Company"), today announced its second quarter 2024 results, certain business and investment updates and an updated business outlook, with significant progress from each business, corporate and collectively across the system. "While I have personally dedicated the substantial majority of my capacity over the past several months on successfully advancing strategic transactions, our equally dedicated ...
Comstock Secures $325 Million Term Sheet for Investments and Real Estate Sales
GlobeNewswire News Room· 2024-08-08 13:15
VIRGINIA CITY, Nev., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE American: LODE) a leader in hard technology developments enabling clean energy, today announced the execution of an indicative term sheet for $325 million (about $315 million net of transaction fees) in funding through SBC Commerce LLC ("SBCC"), a U.S. based, globally positioned, private equity group. The transaction is subject to final due diligence and applicable regulatory approvals. This significant series of milestones, represen ...
Comstock Inc. to Host Q2 Earnings Call on August 8, 2024, at 4:30pm ET
GlobeNewswire News Room· 2024-07-25 20:30
VIRGINIA CITY, Nev., July 25, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock" and the "Company") is pleased to announce that the Company's Executive Chairman, Director & CEO, Corrado De Gasperis, and COO, William McCarthy will be providing an overview of recent financial results, along with important business updates on Thursday, August 8, 2024, at 4:30pm ET, followed by a live Q&A. We invite all investors and other interested parties to register for the webinar at the link below. Date: Thur ...
Comstock Inc. to Host Q2 Earnings Call on August 8, 2024, at 4:30pm ET
Newsfilter· 2024-07-25 20:30
Date: Thursday, August 8, 2024 Time: 4:30pm ET Register: Webinar Registration About Comstock Inc. Comstock Social Media Policy This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, are forward-looking statements. The words "believe," "expect," "anticipate," "estimate ...
Comstock Terminates Equity Purchase Agreement with New $2.5 Million Investment
Newsfilter· 2024-07-19 10:00
VIRGINIA CITY, Nev., July 19, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock" and the "Company") is pleased to announce it has retired its existing Equity Purchase Agreement and entered into a securities purchase agreement with an investor for an 8.0% Convertible Promissory Note due October 31, 2025 (the "Convertible Note"). The Convertible Note was issued with an original aggregate principal amount of $2,717,500 (the "Principal Amount"), purchased by the investor for $2,500,000, reflecting ...
Comstock Terminates Equity Purchase Agreement with New $2.5 Million Investment
GlobeNewswire News Room· 2024-07-19 10:00
VIRGINIA CITY, Nev., July 19, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) ("Comstock" and the "Company") is pleased to announce it has retired its existing Equity Purchase Agreement and entered into a securities purchase agreement with an investor for an 8.0% Convertible Promissory Note due October 31, 2025 (the "Convertible Note"). The Convertible Note was issued with an original aggregate principal amount of $2,717,500 (the "Principal Amount"), purchased by the investor for $2,500,000, reflecting ...