US stocks: Miner Sinda kicks off US IPO roadshow with $1.97 billion valuation target (opens original article in a new tab)

Silver miner Sinda initiated its US IPO roadshow aiming for a $1.97 billion valuation, planning to raise up to $235.2 million by selling 17.75 million shares at $11.25-$13.25 each. This follows increased IPO activity in a favorable market environment.

• Silver miner Sinda launched US IPO roadshow with $1.97 billion valuation target
• Company plans to sell 17.75 million shares at $11.25-$13.25 each, raising up to $235.2 million
• IPO follows increased new stock offerings this year due to buoyant equity markets