Ebene News – CA – Comstock Mining’s share more than quadrupled after taking a stake in lithium-ion battery recycler

Comstock Mining Inc
is the stock of the day Wednesday, as it has exploded more than four times on high volume to beat all the pre-market winners.The mineral development and production company has announced deals in which it has secured rights to up to 64% stake in Linico Corp, which is a lithium-ion battery recycling company (LIB) Comstock will pay $ 4.5 million in cash and 30 million shares of its restricted common stock, which is consideration total of $ 10 75 billion Shares of Comstock climbed 3076% and a trading volume of 130 million shares was already above the full-day average for the last 30 days out of 127 million Linico shares recently acquired a battery metal recycling facility in Nevada from Aqua Metals Inc, and Aqua Metals is investing $ 2 million for a 10% stake in Linico “We consider the bat Used lithium-ion ries as a powerful industrial mineral and, as with any resource, we need the right team, the technology and the infrastructure to extract and process them ”, said Corrado De Gasperis, Managing Director of Comstock “This transaction brings the three together into an ecosystem of aligned partners, operating systemically on a common goal” The latest available data showed Comstock’s short interest was only 02% of the public float The stock rallied 1206% in the last three months through Tuesday, while the S&P 500
won 90%

Shares of Socket Mobile Inc undefined soared 2519% on very high volume to an over 13-year high in morning trading on Tuesday, to pace all the winners on the U majorS exchanges, after the company data capture company unveiled its new offering DuraSled, which is an enterprise-grade barcode scanner for Apple InciPhone 12s undefined Transaction volume soared to over 75 million shares, compared to the average on a full day in the past 30 days of about 256,000 shares The company said employers can now support workers who use the iPhone 12 series of mobile phones “The DuraSled turns your iPhone into a one-handed solution that combines iPhone versatility and the power of a professional-grade scanner, ”said Vanessa Lindsay, senior product manager at SocketMobile Latest data has shown interest is growing as a percentage of the public float was 09% The stock, which trades at the highest levels since October 2007, has soared 3730% in the past three months, as the undefined S&P 500 has gained 89%

Tomi Kilgore is the Associate Editor of Investments and News at MarketWatch and is based in New York City You can follow him on Twitter @TomiKilgore

Comstock Mining, Inc, Stock, Lithium Ion, Battery Recycling

Ebene News – CA – Comstock Mining’s stock more than quadrupled after taking its stake in the recycler of lithium-ion batteries

Source: https://www.marketwatch.com/story/comstock-mining-stock-soars-more-than-fourfold-after-taking-stake-in-lithium-ion-battery-recycler-2021-02-17