Comstock's (LODE) Follow-On Offering: Assessing the Valuation After Raising $50 Million

Thursday, Jan 29, 2026 7:36 pm ET1min read
LODE--

Comstock (LODE) completed a US$50 million follow-on equity offering, issuing 18.2 million common shares at US$2.75. The share price has moved to US$3.13, with a 1 day return of 11.33% decline and a 7 day return of 31.81% decline. Analysts have a US$5.38 price target, and the most followed narrative pegs fair value at $5.38 per share, framing a valuation gap that hinges on the execution of its recycling build out and funding plan.

Comstock's (LODE) Follow-On Offering: Assessing the Valuation After Raising $50 Million

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