Comstock Inc. reports 9-month revenues $1.4M vs. $0.8M last year

For the nine-month period ending September 30, Comstock reported a loss attributable to Comstock of $30.5M, or a net loss per share of 20c, decreased total assets to $103.7M, down from $106.5M at December 31, 2023. “Our fuels and metals businesses have commercial validation of their plans,” stated CEO Corrado De Gasperis. “Our business teams are dedicated, and our commercialization efforts have gained tremendous traction. We are 100% focused on execution, across the platform, for delivering the technical breakthroughs and operational developments that will drive exponential growth over the coming years. Our combined Metals revenues, including deferred revenues, nearly tripled from last quarter to over $200K, and we expect this growth rate to continue in the fourth quarter, especially as both panel decommissioning and shipments of recycled materials increase”.