IMC Rare Earths Ltd’s (NYSEAMERICAN:IMC) Quiet Period To Expire on September 7th

IMC Rare Earths’ (NYSEAMERICAN:IMC – Get Free Report) quiet period will end on Monday, September 7th. IMC Rare Earths had issued 4,000,000 shares in its initial public offering on July 29th. The total size of the offering was $20,000,000 based on an initial share price of $5.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

IMC Rare Earths Stock Performance

NYSEAMERICAN:IMC opened at $7.20 on Friday. IMC Rare Earths has a 1 year low of $4.51 and a 1 year high of $11.84.

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About IMC Rare Earths

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IMC Rare Earths Ltd is a mineral exploration and development company focused on the exploration, development and long-term supply of certain rare earth elements. Its principal project is the Itarantim Project. IMC Rare Earths Ltd is based in S?O PAULO, Brazil.

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