Silver Bow Mining Corp. (NYSEAMERICAN:SBMT) Sees Significant Drop in Short Interest

Silver Bow Mining Corp. (NYSEAMERICAN:SBMT) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 108,271 shares, a decrease of 47.9% from the September 30th total of 207,657 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 82,551 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Silver Bow Mining stock. Ninepoint Partners LP bought a new position in shares of Silver Bow Mining Corp. (NYSEAMERICAN:SBMT) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 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).

Wall Street Analyst Weigh In

SBMT has been the subject of a number of research reports. Zacks Research upgraded Silver Bow Mining to a “hold” rating in a research note on Wednesday, September 23rd. Roth Capital reaffirmed a “buy” rating and issued a $15.00 target price on shares of Silver Bow Mining in a report on Thursday, October 1st. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $17.40.

Silver Bow Mining Stock Down 7.0%

SBMT stock traded down $0.45 during midday trading on Friday, hitting $5.97. The stock had a trading volume of 110,342 shares, compared to its average volume of 116,172. The business has a 50-day moving average price of $7.84. Silver Bow Mining has a 12-month low of $5.75 and a 12-month 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.

Silver Bow Mining (NYSEAMERICAN:SBMT) last issued its earnings results on Thursday, August 13th. The company reported ($0.18) earnings per share for the quarter. As a group, sell-side analysts expect that Silver Bow Mining will post -0.73 EPS for the current year.

Silver Bow Mining Company Profile

We were incorporated under the name Blackjack Silver Corp. pursuant to the Business Corporations Act (Ontario) on August 31, 2020. We changed our name to Silver Bow Mining Corp. pursuant to a certificate of amendment effective February 18, 2025. On May 27, 2025, we continued into British Columbia under the provisions of the BCBCA. We are domiciled in British Columbia, Canada and maintain a head office in Butte, Montana. We are a minerals exploration company focused on silver, zinc, gold, lead, and copper targets in Montana.