Silver Bow Mining Corp. (NYSEAMERICAN:SBMT) Stock Short Interest Report for October

Key Points

• Short interest fell 47.9% in October to 108,271 shares, representing 0.4% of outstanding shares and a days-to-cover ratio of 1.3.
• Ninepoint Partners LP initiated a stake of 150,000 shares valued at approximately $1.0 million, or 0.51% of Silver Bow Mining.
• Analyst sentiment remains favorable, with an overall “Moderate Buy” rating and a consensus price target of $17.40, although SBMT recently traded at $5.97 and reported a quarterly loss of $0.18 per share.

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

Institutional Investors Weigh In On Silver Bow Mining

A hedge fund recently bought a new stake in Silver Bow Mining stock. Ninepoint Partners LP purchased a new position in shares of Silver Bow Mining Corp. (NYSEAMERICAN:SBMT - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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).

Analyst Ratings Changes

Several research firms recently commented on SBMT. Zacks Research upgraded shares of Silver Bow Mining to a "hold" rating in a research report on Wednesday, September 23rd. Roth Capital reissued a "buy" rating and issued a $15.00 price target on shares of Silver Bow Mining in a research note on Thursday, October 1st. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Silver Bow Mining presently has an average rating of "Moderate Buy" and a consensus target price of $17.40.

Silver Bow Mining Price Performance

SBMT stock traded down $0.45 during mid-day trading on Friday, hitting $5.97. 110,342 shares of the company were exchanged, compared to its average volume of 114,735. The company has a debt-to-equity ratio of 0.04, a current ratio of 26.95 and a quick ratio of 26.95. Silver Bow Mining has a twelve month low of $5.75 and a twelve month high of $11.23. The stock's fifty day moving average is $7.84.

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

About Silver Bow Mining

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.

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