SBMT SILVER BOW MINING CORP.
Price Chart
Executive Summary
Silver Bow Mining Corp. (SBMT) disclosed that its independent auditor, Assure CPA, LLC, resigned after merging into Sadler Gibb & Associates LLC. The audit committee appointed Sadler Gibb as the new independent registered public accounting firm. The prior audit report for FY2025 contained a going-concern modification, but no disagreements or reportable events were reported.
Actionable Insight
The auditor resignation and appointment, combined with a going-concern opinion, signal elevated financial distress risk. Monitor the next 10-Q for liquidity updates and any further auditor-related disclosures. The historical performance data shows negative drift on prior SBMT reports, suggesting the market may already price in some distress.
Key Facts
- Assure CPA, LLC resigned as auditor on June 3, 2026, due to a merger with Sadler Gibb & Associates LLC.
- The audit report for the year ended December 31, 2025 contained a going-concern modification.
- No disagreements or reportable events occurred during the two most recent fiscal years and subsequent interim period.
- Sadler Gibb was appointed as the new independent registered public accounting firm on June 8, 2026.
- The company had no prior consultations with Sadler Gibb regarding accounting principles or audit opinions.
Financial Impact
Auditor change with a going-concern opinion on the most recent annual financial statements; no specific dollar amounts disclosed.
Risk Factors
- Going-concern uncertainty may impair access to capital or credit.
- New auditor may identify additional material weaknesses or require restatements.
- Potential delisting risk if financial reporting is delayed or if the company cannot demonstrate viability.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001539497-26-001697 |
| Document: n5138_x25exh16-1.htm | 0001539497-26-001697 |
| Document: 0001539497-26-001697-index-headers.html | 0001539497-26-001697 |
| Document: 0001539497-26-001697-index.html | 0001539497-26-001697 |
| Document: 0001539497-26-001697.txt | 0001539497-26-001697 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
3d ago
|
8-K
| $7.59 awaiting T+1 | awaiting T+1 | — | $8.84 (−16.47%) |
|
Jun 5, 2026
7d ago
|
Insider Cluster
| $9.02 awaiting T+1 | awaiting T+1 | — | $8.84 (−2.00%) |
|
Jun 2, 2026
10d ago
|
Insider Cluster
| $9.35 $9.05 | ▼ −3.21% | ▼ −2.52% | $8.84 (−5.45%) |
|
May 19, 2026
24d ago
|
Insider Cluster
| $8.83 $9.05 | ▲ +2.49% | ▲ +1.45% | $8.84 (+0.11%) |
|
May 19, 2026
24d ago
|
Insider Cluster
| $8.83 $9.05 | ▲ +2.49% | ▲ +1.45% | $8.84 (+0.11%) |
|
May 19, 2026
24d ago
|
Insider Cluster
| $8.83 $9.05 | ▲ +2.49% | ▲ +1.45% | $8.84 (+0.11%) |
|
May 19, 2026
24d ago
|
Insider Cluster
| $8.83 $9.05 | ▲ +2.49% | ▲ +1.45% | $8.84 (+0.11%) |
|
May 1, 2026
6w ago
|
8-K
| $10.62 $9.67 | ▼ −8.95% | ▼ −9.74% | $8.84 (−16.76%) |
|
Apr 30, 2026
6w ago
|
424B4
| $10.75 $10.75 | · 0.00% | ▼ −0.22% | $8.84 (−17.77%) |
|
Apr 30, 2026
6w ago
|
Insider Cluster
| $10.75 $10.75 | · 0.00% | ▼ −0.22% | $8.84 (−17.77%) |
US Market Status
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