Sunshine Silver Mining & Refining Company is seeking to raise up to $330 million.

May 26 (Reuters) - Sunshine Silver Mining & Refining Company is targeting a valuation of up to $2.32 billion in its U.S. initial public offering, as the company seeks ‌funds to restart a mine in Idaho that produced silver, antimony and other minerals. The Denver, Colorado-based company is seeking to raise up to $330 million by offering 20 million shares priced between $13.50 and $16.50 apiece, it said on Tuesday. Sign up here. North American mining ⁠companies are gearing up to test investor appetite for new listings after metals such as silver witnessed a surge in demand earlier this year. Founded in 2010, Sunshine Silver ‌focuses ⁠on the acquisition, redevelopment and operation of precious metal assets across North America. The company is working to restart and expand a previously shuttered mine in Idaho’s Silver Valley, one of the largest historic silver-producing ⁠regions in the United States. Its backers include The Electrum Group and Ospraie Management. According to the filing, Electrum is expected to retain more than ⁠50% of Sunshine Silver’s outstanding shares following the completion of the IPO. Sunshine Silver will list on the New York Stock ⁠Exchange under the symbol "SSMR". Morgan Stanley, Scotiabank and BMO Capital Markets are the joint lead book-running managers for the offering. Reporting by Atharva Singh and Pragyan Kalita; Editing by Devika Syamnath

China's wholesale prices rose at the fastest pace in nearly four years in May.

Trump Media & Technology Group (DJT) has drawn fresh attention after recent share price swings.

On June 9, 2026, the tech-heavy Nasdaq Composite plunged 2.17%, losing more than 560 points as AI and semiconductor stocks extended their sell-off.