Item 5. Market for Registrant’s Common Equity
ITEM 5 MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS, AND ISSUER PURCHASE OF EQUITY SECURITIES
COMMON STOCK
Our common stock is traded on the NYSE American exchange under the symbol LODE. The last reported sale price of our common stock on the NYSE Amer ican on March 28, 2022, wa s $1.80 per share. At March 28, 2022, the number of holders of record was 534. T he following table sets forth, for the periods indicated, the range of high and low closing bid prices for Comstock’s common stock as repor ted by the NYSE. The reported bid quotations reflect inter-dealer prices without retail markup, markdown or commissions, and may not necessarily represent actual transactions.
SALE OF UNREGISTERED SECURITIES
The Company sold 1,000,000 shares of unregistered securities at a price of $1.40 per common shares, for net proceeds of $1.4 million for the year ended December 31, 2021. The Company did not sell any unregistered securities during 2020.
EQUITY COMPENSATION PLAN INFORMATION
See Item 12, Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters , for information on plans approved by our stockholders.
DIVIDEND POLICY
We have never declared or paid any dividends on our common stock. We do not anticipate paying any dividends on our common stock in the foreseeable future. We currently intend to retain future earnings, if any, to finance operations and expand our business. Any future decision to pay cash dividends will be at the discretion of the Board of Directors and will depend upon our financial condition, operating results, capital requirements and other relevant factors.
ITEM 6 SELECTED FINANCIAL DATA
Not applicable.
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