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Comstock Mining Completes Public Offering to Fund Expansion

Story Highlights
  • Comstock raised about $50 million in a January 2026 stock offering, issuing 18.2 million shares plus underwriter warrants.
  • Proceeds will fund a second Comstock Metals facility, new refining processes, and broader metals market expansion, with a 30-day lock-up.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Comstock Mining Completes Public Offering to Fund Expansion

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The latest update is out from Comstock Mining ( (LODE) ).

On January 28, 2026, Comstock Inc. entered into an underwriting agreement with Titan Partners Group LLC for an underwritten public offering of 18,181,819 shares of common stock, with a 30‑day option for the underwriter to purchase up to an additional 2,727,272 shares to cover over‑allotments, and agreed to issue underwriter warrants equal to 7% of the total shares sold, exercisable from 180 days after signing for five years at $3.1625 per share. The offering, made off an effective shelf registration statement, closed on January 30, 2026 and generated approximately $50 million in gross proceeds, which Comstock plans to deploy primarily toward capital expenditures for Comstock Metals LLC’s second industry-scale facility, development of refining processes and solutions, accelerated site selection and metals market growth, while the company and its directors and executives are subject to a 30‑day lock‑up on share sales, underscoring a near-term focus on funding expansion of its clean metals operations.

The most recent analyst rating on (LODE) stock is a Sell with a $3.00 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 down primarily by weak financial performance (losses, negative margins, and negative operating/free cash flow) and a bearish technical trend (below key moving averages). Offsetting this, management’s recent capital raise, debt elimination, and strong cash position improve near-term flexibility, with additional positive liquidity/strategy updates from recent corporate actions.

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 convert under‑utilized natural resources, primarily end-of-life photovoltaic materials, into reusable metals such as silver, aluminum, gold and other critical minerals.

Average Trading Volume: 1,345,138

Technical Sentiment Signal: Sell

Current Market Cap: $181M

For detailed information about LODE stock, go to TipRanks’ Stock Analysis page.

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