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Comstock Mining Inc are a junior, late stage development company looking for gold with one mine in development in USA. They have a market capitalisation of ~$18.92M which is a rise of roughly 13% over the last one months. As of 12/10/2017 they have ~$10M debt and ~$2M cash. They have 45M shares outstanding and trade on the NYSE Mkt Stock Exchange.
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Profitability (by resource)
Future Valuation (Cash Flow & Totals)
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Lost $21 million in 2013, producing 30,000 oz. With cash costs over $1400 per oz. They are giving guidance to lower costs to $750 per oz in 2015, but I have my doubts. I'm projecting $850 per oz based on their 2014 performance.
Gold Price (last analysis) ($)
Silver Price (last analysis) ($)
Stock Price (last analysis) ($)
1 Yr Stock Price High ($)
Stock Price Change From 1 Yr High (%)
Stock Price USA 5-Year High ($) (including date)
$21.50 - 11/9/2010 (reverse split)
Stock Price USA 5-Year Low ($) (including date)
35 Cents - 12/10/2017
I was wrong about the CEO: Corrado De Gasperis. I thought he could build this into a large company, but he has not executed and shareholders have suffered.
Local Issues (wag)
Excellent infrastructure. Nevada is mining friendly.
Country of Incorporation
District size (7500 acres and 7 targets) on a past producing property in Nevada.
Significant silver resources. They have already found 25 million oz, although low grade (10 gpt).
Shareholder Friendly (wag)
Ore Grade (wag)
Medium grade (1 gpt) surface mine.
3 meters @ 38 gpt gold and 78 gpt silver.
12/15/2017: Increased rating from 2 to 2.5 because they optioned Lucerne.
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