Sunshine Silver Mining on track to open higher in debut after $270 million IPO

Sunshine Silver Mining & Refining

04/06/2026 15:42

Updates
** Sunshine Silver Mining & Refining SSMR.N on track to open above offer price in its New York Stock Exchange debut after $270 million IPO 
** Stock recently indicated to open between $14-$16 each vs $13.50 IPO price
** Kellogg, Idaho-based SSMR sold 20 million shares at lower end of its marketed range of $13.50 and $16.50 per share
** SSMR is working on restarting a previously shuttered mine in Idaho's Silver Valley, one of the largest historic silver-producing regions in ​the U.S.
** Listing comes as silver demand is rising across solar, electrification, electronics and advanced technologies 
** Morgan Stanley, Scotiabank and BMO Capital Markets acted as joint lead book-running managers for offering

 (Reporting by Arasu Kannagi Basil in Bengaluru)
 ((ArasuKannagi.Basil@thomsonreuters.com;))