JUNIORMETRICS

Silver Bow Mining Corp.S

SBMT·$7.41·$218.8M cap
SilverRainbow Block, Butte Mining District, Montana, USA Map

Silver Bow Mining Corp. (NYSE American: SBMT; formerly Blackjack Silver Corp., renamed February 2025) is a minerals exploration company focused on silver-zinc-gold-lead-copper targets in the historic Butte Mining District, Montana. Its flagship Rainbow Block spans approximately 878 acres of patented mineral claims and hosts an Inferred estimate of 170 Moz AgEq across 42 veins above the water table. The company completed its NYSE American IPO on 30 April 2026 (5,200,000 shares at US$11.50, gross proceeds ~US$59.8M).

Notable vs. Peers

  • Financials score of 8.7/10 is stronger than the peer average of 5.7/10.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
Prior Ownership & Infrastructure
Existing Mill1 of 4 checked, 1 in place

Not yet determined: tailings facility, road access, grid power.

4.2/10
Weak track recordStrong track record
4.2/10 vs.
8.7/10
Thin runwayWell-capitalized
8.7/10 vs.
How this is calculated
Not yet researched
Weaker depositStronger deposit
How this is calculated
6.8/10
Harder place to buildEasier place to build
6.8/10 vs.
What goes into it
  • Jurisdiction (40%)8/10

    Montana: Fraser PPI 2025 is 69.00 of 100 (rank 40 of 68), which maps to 8 on this site's scale. Rainbow Block is in the historic Butte Mining District of Silver Bow County, Montana, with over a century of continuous permitted mining in the district. Montana has US rule of law, but mining executives rate its policy climate below the leading western states such as Nevada, Arizona and Utah.

  • Infrastructure (40%)6.4/10

    A confirmed mill at Rainbow Block, Butte Mining District, Montana, USA; road access, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.

  • Nearby producing mine (20%)Not yet researched

    No project coordinates on file yet, so distance to a producing mine can't be measured.

6.2/10
Weaker profileStronger profile
6.2/10 vs.
Price Chart
$10.75$8.50$6.84$7.57$7.27AprJunJulSepOct
Apr 30, 2026 – Oct 15, 2026
$7.41
+28.9%from low-34%from high
$5.75$11.23
$218.8M
Far belowFar above
$218.8M vs. $18.5M peer median
Price (USD - Local)
$7.41
Cash Position (USD)
$55.8M
Far belowFar above
$55.8M vs. $3.9M peer median
Debt (USD)
$22.9K
Far aboveFar below
$22.9K vs. $0 peer median
$163M
Far belowFar above
$163M vs. $14.8M peer median
29.5M
Far aboveFar below
29.5M vs. 134.9M peer median
Jurisdiction
United States
-$11.8M
Far belowFar above
-$11.8M vs. -$3.6M peer median
-$0.398
Far belowFar above
-$0.398 vs. -$0.022 peer median

Acquisition Susceptibility

How this is calculated
3.5/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer holds a disclosed stake on file (holder register researched) See holders

    Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.

    Weight 25%
  • Distance to a producing mine
    Sub-score: Not yet researched

    Distance not yet researched: no project coordinates on file

    Distance can't be measured without coordinates, so excluded rather than counted as far.

    Weight 22.5%
  • Lifecycle stage
    Sub-score:
    1/10

    Stage: Grassroots Exploration

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 57% here
  • Jurisdiction
    Sub-score:
    8/10

    United States: jurisdiction score 8/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 26% here
  • Commodity
    Sub-score:
    5/10

    Primary commodity: Silver

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 17% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
-34.7% since 2026-09-19 · -34.7% from peak

Your Rankings

Community Sentiment
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CategoryCommunityYour Ranking
Overall— (0) 
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Management Team

Chairman (since Jan 2025) and CEO (since May 2024) of Silver Bow Mining Corp. Montana-born mining engineer, 20+ years developing precious and strategic-metals projects; previously with Rio Tinto, Kennecott and Freeport-McMoRan (Kupol, Russia; Kensington, Alaska). Licensed PE; BS mining engineering, Montana Tech; MBA, University of Chicago Booth.

Non-Executive Co-Chairman of Novo Resources Corp and a director of Condor Resources Inc., Electric Metals (USA) Limited, Silver Bow Mining Corp., Eskay Mining Corp. and Barksdale Resources Corp. Economic geologist with a PhD in Geology/Geochemistry from the Colorado School of Mines, whose early career included exploration roles at Homestake Mining, Newcrest Mining, and Newmont Mining, rising to chief geologist at Newmont by 2004. Moved into the junior mining sector in 2007, including work at Gold Canyon Resources leading exploration of the ~5 million ounce Springpole gold project near Red Lake, Ontario. Helped start Novo Resources in 2010 and built out its Australian exploration portfolio, later serving as President and Co-Chairman.

Non-Executive Director of Electric Metals (USA) Limited (TSXV: EML); also Director, Audit Committee Chair of Silver Bow Mining Corp.

Director of Silver Bow Mining Corp. 30+ years across mining, banking and retail; CEO of JEX Technologies Corp.; raised over $300 million in equity financing.

Director of Silver Bow Mining Corp. 35+ years' mining experience including 20+ years in ownership roles; metallurgical process engineer; currently also a director at Sasquatch Resources Corp.

President of Silver Bow Mining Corp., previously VP Regulatory and External Affairs since Feb 2026. 25+ years permitting, environmental-compliance and regulatory experience across Montana mining projects.

COO of Silver Bow Mining Corp. 30+ years managing mining operations and multi-asset portfolios across North America; former VP Mining at Stillwater Mining Company.

CFO of Silver Bow Mining Corp. 30+ years in capital markets; founded Scarsdale Equities (2005), co-founded Leeb Brokerage (1998). BA economics and MBA, Columbia University.

VP Exploration of Silver Bow Mining Corp. Economic geologist; senior geologist at EMX Royalty, principal geologist at Rio Tinto (North American copper exploration). BS geology/geophysics, University of Wyoming; MS/PhD geoscience, University of Arizona.

Chief Accounting Officer of Silver Bow Mining Corp. 30+ years' accounting/finance experience including Deloitte & Touche and Caterpillar Inc.; recently VP Finance at Martin Marietta. CPA.

Investor Relations Manager of Silver Bow Mining Corp. 15+ years supporting publicly traded mining companies on TSX and NYSE American; co-founded Cutler McCarthy Inc.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money

No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

Silver Bow Mining, renamed from Blackjack Silver in February 2025, is exploring for silver, zinc, gold, lead and copper in the historic Butte Mining District of Montana. Its flagship Rainbow Block covers about 878 acres of patented mining claims and hosts an inferred estimate of 170 Moz of silver equivalent across 42 veins above the water table, with no measured or indicated resources defined. The company listed on the NYSE American through an initial public offering completed on 30 April 2026.