Sinda

Last updated: July 7, 2026
Ticker
SIND
Exchange
NYSE
IPO Date
Pending
Price Range
$11.25 - $13.25
Deal Size
$217 million
View SIND Live Chart on TradingViewAffiliate link — we may earn a commission.

Company Snapshot

Sinda is a silver exploration company focused on sustainable long-term operational success and value creation. The company emphasizes environmental stewardship, social responsibility, and community engagement, particularly in Mexico. With a highly experienced management team, Sinda aims to leverage its expertise in geology, exploration, and mine development to advance its projects.

Key Investors
Electrum Group LLC (78.4%)

Per S-1 disclosure; % may not sum to 100% when ownership is nested, multi-class, or reported on different bases.

Key Financials

Metric20252024
RevenueNot providedNot provided
Adjusted Net Loss-$18.7M-$10.7M

Balance Sheet

Cash & Equivalents
$10.8M

Implied Valuation at Midpoint

Market Cap
$1.9B

Based on price range midpoint and most recent fiscal year data.

S-1 Highlights

Market & Competition

The company operates in the competitive silver exploration and mining industry, competing with larger, established companies such as Grupo Mexico and Industrias Peñoles. These competitors possess greater financial resources and operational efficiencies.

Use of Proceeds

Proceeds from the IPO will be utilized to fund exploration and development activities at the Sinda Property, as well as for general corporate purposes.

Key Risk Factors

  • The title to the mining concessions underpinning the Sinda Property may be challenged or impaired, risking the company's investment.
  • The company faces competition for water resources and regulatory restrictions that could adversely affect its ability to operate or expand projects.

Deal Structure

Primary Shares
17,750,000 shares
Shares Outstanding
156,774,750 shares
Post-IPO Float
11.4%
Lock-up
180 days
Lead Underwriters
Morgan Stanley, Scotiabank, BMO Capital Markets, Canaccord Genuity, Citigroup, RBC Capital Markets

Reported Broker Availability

FidelityFidelity

Reported by users or publicly disclosed. Information is for reference only.

Important: Information presented on this website is aggregated from publicly available sources and voluntary user submissions. It is provided for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. IPO access and availability may vary by broker and is not guaranteed; always verify details directly with your broker before making any investment decisions. We are not affiliated with, endorsed by, or acting on behalf of any broker-dealers, underwriters, or issuing companies. Some links to broker platforms may be affiliate links, and we may earn a commission if you open an account through those links. See full disclaimer for additional information.