tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Comstock Mining Completes Nevada Royalty Sale, Boosts Liquidity

Story Highlights
  • Comstock completed the $1.1 million sale of its remaining 1.5% NSR royalty to Mackay, receiving the final payment on January 20, 2026.
  • The Mackay-related lease and asset sales have generated nearly $8 million and extra mineral acreage, strengthening Comstock’s cash position for advancing key resources.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Comstock Mining Completes Nevada Royalty Sale, Boosts Liquidity

Claim 50% Off TipRanks Premium

Comstock Mining ( (LODE) ) has issued an announcement.

On January 21, 2026, Comstock Inc. announced it had completed the sale of its remaining 1.5% net smelter returns royalty on certain northern Nevada mining claims to Mackay Precious Metals Inc. for a total of $1.1 million in cash, receiving the final $1 million payment on January 20, 2026. The deal lifts total cash proceeds from the disposition of those claims, related leasehold interests and associated royalties to more than $4 million, and, combined with approximately $3.8 million in lease payments and reimbursements received from Mackay since June 30, 2023, and an additional 240 acres of mineral properties in Lyon County obtained at no extra cost, brings Comstock’s aggregate consideration from the Mackay transactions to nearly $8 million, bolstering its liquidity as it evaluates options to advance its Dayton and Lucerne mineral resources.

The most recent analyst rating on (LODE) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Comstock Mining stock, see the LODE Stock Forecast page.

Spark’s Take on LODE Stock

According to Spark, TipRanks’ AI Analyst, LODE is a Neutral.

The score is held back primarily by weak financial performance (losses, negative margins, and declining revenue), partially offset by positive technical trend/momentum and a more encouraging earnings outlook driven by new capital, debt elimination, and near-term commissioning plans for the solar recycling business.

To see Spark’s full report on LODE stock, click here.

More about Comstock Mining

Comstock Inc. (NYSE: LODE) operates in the clean energy and critical minerals sector, developing and commercializing technologies, systems and supply chains that support clean energy by extracting and converting under‑utilized natural resources into reusable metals such as silver, aluminum, gold and other critical minerals, primarily recovered from end-of-life photovoltaic solar panels.

Average Trading Volume: 1,098,468

Technical Sentiment Signal: Buy

Current Market Cap: $209.7M

Learn more about LODE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1