Lumina Metals Debuts on Toronto Exchange with C$406 Million IPO

Copper and silver miner Lumina Metals Corp. has completed its initial public offering in Toronto, raising nearly C$406 million. The stock opened slightly above its offering price before experiencing early trading volatility.

• Raised C$406.2 million ($297 million) in total
• IPO price set at C$12.50 per share
• Opening price reached C$12.60
• Initial gain of 0.8% followed by price instability
• Focus on copper and silver mining assets