newsfilter
← Earnings
Earnings Releases·

Comstock Inc. — Third Quarter 2026 Earnings Summary

Comstock Inc. reported a net loss of $0.8 million for the third quarter of 2026, which included a $14.0 million gain from the sale of its remaining mining segment assets. The company received $20.0 million in cash and 2 million shares of Mackay Gold & Silver Corporation from the divestiture, while also commissioning its first industry-scale solar recycling facility in Silver Springs, Nevada. Additionally, Comstock Metals increased its deferred revenue to $4.55 million and secured larger supply contracts as it ramps up operations. The Board of Directors authorized a share repurchase program for up to 15 million shares, citing the company's strong cash position and strategic assets including its interest in the Sierra Springs Opportunity Fund.

Company
COMSTOCK INC
Sector
Basic Materials
Industry
Other Precious Metals & Mining