Noble Capital analyst Mark Reichman downgraded Comstock Inc. (LODE) to Market Perform from Outperform. While Comstock has made “significant progress” advancing its business unit plans, the firm thinks the path toward commercializing its Fuels and Metals businesses could take longer than previously expected and is subject to a number of risk factors, the analyst tells investors.
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Read More on LODE:
- Comstock Inc. downgraded to Market Perform from Outperform at Noble Capital
- Comstock Inc. awarded $3M fuel incentive from State of Oklahoma
- Comstock executes existing binding agreement with SACL
- Comstock Fuels amends license agreement with RenFuel K2B AB
- Comstock Mining Acquires GenMat to Boost AI Innovation
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
