US stocks: Miner Sinda kicks off US IPO roadshow with $1.97 billion valuation target

Silver miner Sinda has launched its US IPO, aiming for a valuation up to $1.97 billion and seeking to raise $235.2 million. This debut adds to a busy summer for new stock market listings, fueled by strong equity markets. The company, backed by The Electrum Group and led by Thomas Kaplan, is developing a significant silver deposit in Mexico.