Added to YB: 2026-04-17
Pitch date: 2026-04-15
LODE [bullish]
Comstock Inc.
+32.59%
current return
Author Info
SpruceHill Capital is a value investor with a focus on illiquid small and micro cap stocks. Sign up for the newsletter.
Company Info
Comstock Inc. commercializes technologies, systems, and supply chains that extract, process, and convert under-utilized waste and natural resources into clean energy and clean energy supporting products in the United States.
Market Cap
$223.2M
Pitch Price
$3.13
Price Target
93.00 (+2141%)
Dividend
N/A
EV/EBITDA
-5.41
P/E
-3.20
EV/Sales
178.46
Sector
Oil, Gas and Consumable Fuels
Category
growth
Comstock: >10x Upside with Downside Protected by Tangible Assets
LODE: Solar panel recycler targeting $450M profit vs $230M market cap. 1 facility = $90M rev, $75M FCF at 90% utilization, $60 silver (currently $77). 6-7 facilities planned by 2030. EOL solar waste to grow 10x over 5 years; only US recycler w/ 100% zero-landfill cert. Downside protected: $55M cash + $350M non-core assets (land, mines) for sale. 76% stake in $500M Bioleum (renewable fuel, future IPO). Risk: execution unproven at scale, past dilution eroded trust. Potential 10-30x if scaled.
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