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

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

Separately, Cantor Fitzgerald started coverage on shares of Silver Bow Mining in a research note on Thursday, May 28th. They set a “speculative buy” rating and a $19.80 target price for the company. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Strong Buy” and a consensus price target of $15.40.

Silver Bow Mining Stock Performance

Shares of SBMT opened at $8.53 on Tuesday. Silver Bow Mining has a 1 year low of $5.75 and a 1 year high of $11.23. 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 business’s 50-day moving average is $7.58.

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

Hedge Funds Weigh In On Silver Bow Mining

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