Charles Travis Naugle Buys 2,500 Shares of Silver Bow Mining (NYSEAMERICAN:SBMT) Stock

Silver Bow Mining Corp. (NYSEAMERICAN:SBMT – Get Free Report) CEO Charles Travis Naugle acquired 2,500 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was acquired at an average price of $9.64 per share, for a total transaction of $24,100.00. Following the acquisition, the chief executive officer owned 110,000 shares in the company, valued at approximately $1,060,400. The trade was a 2.33% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Charles Travis Naugle also recently made the following trade(s):

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• On Monday, May 18th, Charles Travis Naugle acquired 2,500 shares of Silver Bow Mining stock. The stock was acquired at an average price of $8.83 per share, for a total transaction of $22,075.00.
• On Thursday, April 30th, Charles Travis Naugle acquired 5,000 shares of Silver Bow Mining stock. The stock was acquired at an average price of $9.88 per share, for a total transaction of $49,400.00.

Silver Bow Mining Price Performance

SBMT opened at $9.05 on Thursday. Silver Bow Mining Corp. has a one year low of $8.33 and a one year high of $11.23.

Analyst Upgrades and Downgrades

Separately, Cantor Fitzgerald assumed coverage on Silver Bow Mining in a report on Thursday, May 28th. They issued a “speculative buy” rating and a $19.80 price objective on the stock. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Silver Bow Mining currently has a consensus rating of “Buy” and an average price target of $19.80.

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Silver Bow Mining Company Profile

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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.

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