Analyzing Bolt Projects (NASDAQ:BSLK) and Comstock (NYSE:LODE)

Comstock (NYSE:LODE) and Bolt Projects (NASDAQ:BSLK) are both small-cap basic materials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, risk, earnings and valuation.

Insider & Institutional Ownership

8.0% of Comstock shares are owned by institutional investors. Comparatively, 5.5% of Bolt Projects shares are owned by institutional investors. 8.5% of Comstock shares are owned by insiders. Comparatively, 16.0% of Bolt Projects shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Comstock and Bolt Projects’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Comstock	-1,210.13%	-33.56%	-23.62%
Bolt Projects	N/A	-54.48%	94.72%

Earnings and Valuation

This table compares Comstock and Bolt Projects”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Comstock	$3.02 million	18.20	$9.16 million	($1.20)	-1.70
Bolt Projects	$1.37 million	6.37	-$1.47 million	N/A	N/A

Comstock has higher revenue and earnings than Bolt Projects.

Risk & Volatility

Comstock has a beta of 1.52, suggesting that its share price is 52% more volatile than the S&P 500. Comparatively, Bolt Projects has a beta of 0.43, suggesting that its share price is 57% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings for Comstock and Bolt Projects, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Comstock	0	1	0	0	2.00
Bolt Projects	0	0	0	0	0.00

Comstock presently has a consensus target price of $26.00, suggesting a potential upside of 1,174.51%. Given Comstock’s stronger consensus rating and higher possible upside, analysts clearly believe Comstock is more favorable than Bolt Projects.

Summary

Comstock beats Bolt Projects on 8 of the 11 factors compared between the two stocks.

About Comstock

Comstock Inc. engages in the systemic decarbonization business in Nevada and internationally. It operates through Renewable Energy, Mining, and Strategic and Other Investments segments. It will develop technology for the deploying of extraction and refining facilities that convert wasted and unused biomass and other natural resources; and a demonstration system to extract black mass containing lithium, graphite, nickel, cobalt, manganese, copper, aluminum, and other metals from up to lithium-ion batteries. The company also owns the Lucerne Project located in the Storey County, Nevada; and the Spring Valley Project situated in the Lyon County, Nevada. In addition, it offers upstream and downstream design, engineering, fabrication, procurement, and construction solutions; and invests in non-mining real estate investments. The company was incorporated in 2008 and is based in Virginia City, Nevada.

About Bolt Projects

Bolt Projects Holdings, Inc. operates as a material solutions company. The company offers B-SILK PROTEIN, a biodegradable ingredient for the beauty and personal care industry. Its products also include MYLO, a mycelium-based leather material; and MICROSILK, a silk fiber. The company is based in San Francisco, California.