Silver Bow Mining (NYSEAMERICAN:SBMT) Upgraded by Roth Capital to “Strong-Buy” Rating

Silver Bow Mining (NYSEAMERICAN:SBMT) was upgraded by research analysts at Roth Capital to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks reports.

Separately, Cantor Fitzgerald began coverage on Silver Bow Mining in a research note on Thursday, May 28th. They set a “speculative buy” rating and a $19.80 target price on the stock. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. Based on data from MarketBeat, Silver Bow Mining presently has an average rating of “Strong Buy” and an average target price of $15.40.

Silver Bow Mining Stock Performance

Shares of SBMT stock opened at $8.53 on Tuesday. Silver Bow Mining has a 52 week low of $5.75 and a 52 week high of $11.23. The company has a debt-to-equity ratio of 0.04, a quick ratio of 26.95 and a current ratio of 26.95. The business’s 50 day moving average is $7.58.

Silver Bow Mining (NYSEAMERICAN:SBMT) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.18) EPS for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Silver Bow Mining stock. Ninepoint Partners LP purchased a new position in shares of Silver Bow Mining Corp. (NYSEAMERICAN:SBMT) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 150,000 shares of the company’s stock, valued at approximately $1,014,000. Ninepoint Partners LP owned 0.51% of Silver Bow Mining as of its most recent filing with the Securities and Exchange Commission (SEC).

Silver Bow Mining Company Profile

Silver Bow Mining Corp. is a mineral exploration company focused on identifying, acquiring and evaluating properties that may contain economically significant mineral deposits. Its activities are centered on early-stage exploration rather than the production or sale of refined metals.

The company’s exploration interests may include precious and base metals, such as gold, silver, copper, lead and zinc. Typical activities include geological research, surveying, sampling, drilling and assessing the potential development of mineral properties.

Publicly available information about Silver Bow Mining’s specific properties, operating geographies and leadership is limited.