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

Silver Bow Mining Corp. (NYSEAMERICAN:SBMT) CEO Charles Travis Naugle purchased 2,500 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was purchased at an average price of $9.64 per share, with a total value of $24,100.00. Following the purchase, the chief executive officer directly owned 110,000 shares of the company’s stock, valued at $1,060,400. The trade was a 2.33% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, May 18th, Charles Travis Naugle purchased 2,500 shares of Silver Bow Mining stock. The stock was purchased at an average price of $8.83 per share, with a total value 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 Stock Performance

Shares of NYSEAMERICAN SBMT opened at $9.35 on Wednesday. Silver Bow Mining Corp. has a fifty-two week low of $8.33 and a fifty-two week high of $11.23.

Wall Street Analysts Forecast Growth

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

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.