Comstock Mining’s Investee Acquires Hexas Biomass

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

On December 8, 2025, Comstock Inc. announced that its strategic investee, Bioleum Corporation, acquired Hexas Biomass Inc. for approximately $6.5 million. This acquisition includes Hexas’ intellectual properties and aims to enhance Bioleum’s refining platform by integrating Hexas’ high-yield purpose-grown crops, which can produce significantly more biofuel per acre than traditional crops. The acquisition is expected to boost domestic energy independence and expand rural economies by transforming marginal lands into productive biomass farms, thereby reducing variability and risk for renewable fuel projects.

The most recent analyst rating on (LODE) stock is a Hold with a $3.50 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.

Comstock Mining’s overall stock score reflects significant financial challenges, offset by positive strategic developments and technical strength. The company’s recent equity raise and debt elimination, along with advancements in solar recycling, provide a positive outlook despite current profitability issues.

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

More about Comstock Mining

Comstock Inc. innovates and commercializes technologies, systems, and supply chains that enable clean energy systems by converting under-utilized natural resources into reusable metals such as silver, aluminum, and gold, primarily from end-of-life photovoltaics.

Average Trading Volume: 1,260,287

Technical Sentiment Signal: Hold

Current Market Cap: $173.8M

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