Comstock Inc. will join the Russell Microcap Index effective June 30, 2025, recognizing its growth and value.
Quiver AI Summary
Comstock Inc. announced that it will join the Russell Microcap® Index effective June 30, 2025, which will also grant it automatic inclusion in related growth and value indexes. This recognition by FTSE Russell highlights Comstock's progress and increasing value as it positions itself for future growth. The company, led by CEO Corrado De Gasperis, is focused on sustainable supply chains through the efficient conversion of natural resources into reusable electrification metals. The Russell indexes are utilized widely by investment managers and institutional investors, reflecting significant assets benchmarked against them. For further details, interested parties are directed to Comstock's and FTSE Russell's websites.
Potential Positives
- Comstock Inc. is set to join the Russell Microcap® Index, which is expected to enhance its visibility among investors and increase institutional interest.
- Membership in the Russell Microcap Index means automatic inclusion in growth and value indexes, potentially broadening Comstock's investor base.
- The announcement reflects Comstock's progress and recognition as a growing entity in the market, which may positively impact its stock performance.
Potential Negatives
- Joining the Russell Microcap Index may highlight the company's smaller market capitalization, which could imply limited growth potential compared to larger competitors.
- The press release emphasizes future growth and innovations, which may attract skepticism if the company has a history of unmet projections or promises.
- Reliance on forward-looking statements and the lengthy list of risks may indicate uncertainty and cautious investor sentiment regarding the company's future performance.
FAQ
What is the significance of Comstock joining the Russell Microcap Index?
Joining the Russell Microcap Index recognizes Comstock's progress and positions the company for future growth and investment opportunities.
When will Comstock officially be included in the Russell Microcap Index?
Comstock will be included in the Russell Microcap Index effective after the U.S. market opens on June 30, 2025.
How does membership in the Russell Microcap Index affect investors?
Membership provides automatic inclusion in relevant growth and value indexes, aiding investment managers and institutional investors.
What is the role of FTSE Russell in index creation?
FTSE Russell determines index membership based on market-capitalization rankings and style attributes, offering extensive benchmarking solutions.
What industries does Comstock Inc. innovate in?
Comstock specializes in technologies for sustainable supply chains, focusing on efficiently extracting and converting natural resources into reusable metals.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LODE Hedge Fund Activity
We have seen 4 institutional investors add shares of $LODE stock to their portfolio, and 20 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 137,148 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $334,641
- QUADRANT PRIVATE WEALTH MANAGEMENT, LLC removed 72,500 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $176,900
- STATE STREET CORP removed 69,320 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $169,140
- RENAISSANCE TECHNOLOGIES LLC removed 55,130 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $134,517
- MARINER, LLC removed 55,074 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $134,380
- GROUP ONE TRADING LLC removed 53,295 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $130,039
- PEAK6 LLC removed 19,499 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $47,577
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
VIRGINIA CITY, Nev., June 30, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) announced today that it is set to join the Russell Microcap ® Index at the conclusion of the 2025 Russell Microcap Index’s annual reconstitution, effective after the U.S. market opens on June 30, 2025. Membership in the Russell Microcap Index means automatic inclusion in the appropriate growth and value indexes. FTSE Russell determines membership for its indices primarily by objective, market-capitalization rankings and style attributes.
“Our representation in the Russell Microcap Index independently recognizes our progress and growing value and positions our already appreciating capital base for the next phase of our growth,” stated Corrado De Gasperis, Comstock’s Executive Chairman and CEO. "Our innovations and leadership in creating truly sustainable supply chains, across industries, is just getting realized, and we are truly grateful for this meaningful recognition.”
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $18.1 trillion in assets are benchmarked against Russell’s U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
For more information on the Russell Microcap ® Index, go to the “Russell Reconstitution” section on the FTSE Russell website .
About FTSE Russell
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $17.9 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit www.ftserussell.com .
About Comstock Inc.
Comstock Inc. (NYSE: LODE) innovates and commercializes technologies that are deployable across entire industries and contribute to energy abundance by efficiently extracting and converting under-utilized natural resources into reusable electrification metals, like aluminum, copper and silver, from end-of-life photovoltaics.
To learn more, please visit www.comstock.inc .
Comstock Social Media Policy
Comstock Inc. has used, and intends to continue using, its investor relations link and main website at www.comstock.inc in addition to its X.com , LinkedIn and YouTube accounts, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
Contacts
For investor inquiries :
Judd B. Merrill, Chief Financial Officer
Tel (775) 413-6222
For media inquiries :
Tracy Saville, Director of Marketing
Tel (775) 847-7573
Forward-Looking Statements
This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “should,” “intend,” “may,” “will,” “would,” “potential” and similar expressions identify forward-looking statements but are not the exclusive means of doing so. Forward-looking statements include statements about matters such as: future market conditions; future explorations or acquisitions; divestitures, spin-offs or similar distribution transactions, future changes in our research, development and exploration activities; future financial, natural, and social gains; future prices and sales of, and demand for, our products and services; land entitlements and uses; permits; production capacity and operations; operating and overhead costs; future capital expenditures and their impact on us; operational and management changes (including changes in the Board of Directors); changes in business strategies, planning and tactics; future employment and contributions of personnel, including consultants; future land and asset sales; investments, acquisitions, divestitures, spin-offs or similar distribution transactions, joint ventures, strategic alliances, business combinations, operational, tax, financial and restructuring initiatives, including the nature, timing and accounting for restructuring charges, derivative assets and liabilities and the impact thereof; contingencies; litigation, administrative or arbitration proceedings; environmental compliance and changes in the regulatory environment; offerings, limitations on sales or offering of equity or debt securities, including asset sales and associated costs; business opportunities, growth rates, future working capital, needs, revenues, variable costs, throughput rates, operating expenses, debt levels, cash flows, margins, taxes and earnings. These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical and current trends, current conditions, possible future developments and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties, many of which are unforeseeable and beyond our control and could cause actual results, developments, and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our filings with the SEC and the following: adverse effects of climate changes or natural disasters; adverse effects of global or regional pandemic disease spread or other crises; global economic and capital market uncertainties; the speculative nature of gold or mineral exploration, and lithium, nickel and cobalt recycling, including risks of diminishing quantities or grades of qualified resources; operational or technical difficulties in connection with exploration, metal recycling, processing or mining activities; costs, hazards and uncertainties associated with precious and other metal based activities, including environmentally friendly and economically enhancing clean mining and processing technologies, precious metal exploration, resource development, economic feasibility assessment and cash generating mineral production; costs, hazards and uncertainties associated with metal recycling, processing or mining activities; contests over our title to properties; potential dilution to our stockholders from our stock issuances, recapitalization and balance sheet restructuring activities; potential inability to comply with applicable government regulations or law; adoption of or changes in legislation or regulations adversely affecting our businesses; permitting constraints or delays; challenges to, or potential inability to, achieve the benefits of business opportunities that may be presented to, or pursued by, us, including those involving battery technology and efficacy, quantum computing and generative artificial intelligence supported advanced materials development, development of cellulosic technology in bio-fuels and related material production; commercialization of cellulosic technology in bio-fuels and generative artificial intelligence development services; ability to successfully identify, finance, complete and integrate acquisitions, spin-offs or similar distribution transactions, joint ventures, strategic alliances, business combinations, asset sales, and investments that we may be party to in the future; changes in the United States or other monetary or fiscal policies or regulations; interruptions in our production capabilities due to capital constraints; equipment failures; fluctuation of prices for gold or certain other commodities (such as silver, zinc, lithium, nickel, cobalt, cyanide, water, diesel, gasoline and alternative fuels and electricity); changes in generally accepted accounting principles; adverse effects of war, mass shooting, terrorism and geopolitical events; potential inability to implement our business strategies; potential inability to grow revenues; potential inability to attract and retain key personnel; interruptions in delivery of critical supplies, equipment and raw materials due to credit or other limitations imposed by vendors; assertion of claims, lawsuits and proceedings against us; potential inability to satisfy debt and lease obligations; potential inability to maintain an effective system of internal controls over financial reporting; potential inability or failure to timely file periodic reports with the Securities and Exchange Commission; potential inability to list our securities on any securities exchange or market or maintain the listing of our securities; and work stoppages or other labor difficulties. Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows, or the market price of our securities. All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Except as may be required by securities or other law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Neither this press release nor any related calls or discussions constitutes an offer to sell, the solicitation of an offer to buy or a recommendation with respect to any securities of the Company, the fund, or any other issuer.