CFO Merrill Judd purchased 3,700 shares of LODE at $3.08; holdings surge 725.5% to 4.2K shares amid -48.5% revenue decline and $-12.9M annual loss.
Merrill Judd, Chief Financial Officer, purchased 3,700 shares at $3.08, increasing his total holdings from 510 to 4,210 shares (a 725.5% increase in his position). This purchase occurs against a backdrop of material deterioration: annual revenue declined -48.5%, the company reported a net loss of $-12,888,336.00 over its most recent full fiscal year, and quarterly revenue stands at only $54,079.00. The stock is currently trading at $3.08, down -32.9% from its 52-week high of $4.59. The CFO's cross-ticker track record shows 1 prior buy with a 100.00% 90-day win rate and an average 90-day return of +10346.2%, though this historical performance is drawn from activity across multiple tickers, not specific to LODE. Given the company's persistent unprofitability and sharp revenue contraction, this purchase warrants examination of whether the CFO views the current valuation as attractive relative to turnaround prospects, or whether other business developments not yet public may inform the decision.