Diligence memo · auto-generated · as of July 2, 2026
Comstock Inc.
Comstock Inc. looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Comstock Inc. operates in Other Energy, based in VIRGINIA CITY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Comstock Inc. has raised $93M in disclosed capital across 10 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $65M on 2010-10-20.
Most recent recorded round closed around 2025-06-09.
Valuation (modeled)modeled
Provath models Comstock Inc. at approximately $4.0M (range $2.6M–$5.4M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.02× the median modeled value of Series C Other Energy companies in 2025–2027 (17 peers) — value vs value, same stage and era. Issuer reports $1M–$5M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 20 months.
Last raise 13 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 15.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 94% of Other Energy peers (2049 compared).
Modeled value ranks above 22% of those peers.
Closest niche peers: Cig Ds1, Llc, Electra Battery Materials Corp, Z-GEO Holdings, LLC, Natron Holdings, Inc., Ludvik Electric Co.
Peoplefiled
14 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.