Here are the 10-Q quarterly reports from Silver Bow Mining Corp. (SBMT) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SBMT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SBMT filings page.
Silver Bow Mining Corp., an exploration-stage miner focused on the Butte Project in Montana, reported a larger net loss while significantly strengthening its balance sheet for the quarter and six months ended June 30, 2026. Net loss for the quarter was $5.0 million versus $1.4 million a year earlier, and for the first half of 2026 was $8.0 million compared with $7.0 million. The higher loss mainly reflects sharply higher exploration costs, salaries, and general and administrative expenses as the company ramps up activity.
Total assets increased to $102.6 million from $49.7 million at year-end 2025, driven by an IPO and continued investment in mineral properties, which reached $42.8 million. Cash and cash equivalents rose to $55.8 million, with a working capital surplus of $55.0 million, after completing a 5,200,000-share IPO at $11.50 per share, yielding net proceeds of about $55.1 million, plus warrant exercises. Operating cash outflow was $8.1 million and investing outflow $1.3 million, while financing inflow totaled $56.0 million. Management expects exploration and overhead spending to continue increasing in 2026 but, based on current cash, believes obligations can be met for at least the next 12 months. Previously identified material weaknesses in stock-based compensation accounting are being remediated through enhanced closing and policy controls.
Silver Bow Mining Corp. reported a Q1 2026 net loss of $3.0 million, improving from $5.6 million a year earlier as stock-based compensation declined sharply. Operating expenses rose across exploration, salaries, and professional fees as the company expanded for a public listing.
Cash and cash equivalents were $7.5 million and working capital was $6.9 million as of March 31, 2026. Mineral properties increased to $42.8 million after acquiring the Great Republic block. After quarter-end, the company closed an IPO raising net proceeds of about $54.6 million to fund exploration, working capital, and general corporate purposes.