Charles Travis Naugle Buys 1,500 Shares of Silver Bow Mining (NYSEAMERICAN:SBMT) Stock

Silver Bow Mining Corp. (NYSEAMERICAN:SBMT) CEO Charles Travis Naugle purchased 1,500 shares of Silver Bow Mining stock in a transaction dated Tuesday, September 8th. The stock was acquired at an average price of $8.28 per share, for a total transaction of $12,420.00. Following the completion of the transaction, the chief executive officer owned 115,111 shares in the company, valued at approximately $953,119.08. The trade was a 1.32% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Silver Bow Mining Stock Performance

NYSEAMERICAN SBMT traded down $0.12 during trading hours on Wednesday, reaching $8.05. The company’s stock had a trading volume of 67,212 shares, compared to its average volume of 135,203. The company has a quick ratio of 26.95, a current ratio of 26.95 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average of $7.37. Silver Bow Mining Corp. has a 52 week low of $5.75 and a 52 week high of $11.23.

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

Analyst Upgrades and Downgrades

Separately, Cantor Fitzgerald initiated coverage on shares of Silver Bow Mining in a report on Thursday, May 28th. They set a “speculative buy” rating and a $19.80 price target for the company. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $19.80.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Silver Bow Mining stock. Ninepoint Partners LP acquired a new stake in shares of Silver Bow Mining Corp. (NYSEAMERICAN:SBMT) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 150,000 shares of the company’s stock, valued at approximately $1,014,000. Ninepoint Partners LP owned approximately 0.51% of Silver Bow Mining as of its most recent SEC filing.

About Silver Bow Mining

Silver Bow Mining Corporation (NYSE American: SBMT) is a mineral exploration and development company focused on acquiring, exploring and advancing mineral properties. The company concentrates on precious and base metals, with an emphasis on commodities commonly produced by hard-rock mining such as copper, silver and gold. Its activities encompass early-stage exploration through the definition and development of mineral resources.

Silver Bow’s work typically includes geological exploration, drilling programs, resource modeling and advancing projects through technical studies and permitting processes necessary for development.