U.S. Stocks in Motion | Gunnison Copper (GUNN.US) Debuts on U.S. Stock Market, Shares Rise Over 19%
Zhitong Finance APP has learned that on Monday, Gunnison Copper (GUNN.US) debuted in the U.S. stock market, with its share price rising more than 19% after the opening to $9.9, compared with an IPO price of $8.3. Gunnison Copper is a mining company focused on copper mine development and production, headquartered in Phoenix, Arizona, USA, and mainly conducts copper mining, processing, and resource development operations in southern Arizona. The company's main assets include the Johnson Camp copper mine, which has already been put into production, and the Gunnison Copper Project, a flagship project currently under development. Among them, the Johnson Camp copper mine produces finished copper cathodes, supplying products to the U.S. defense and technology industries, including Amazon Web Services (AWS). According to a preliminary economic assessment released in March 2026, the Gunnison project is expected to have a mine life of 21 years, with average annual copper production of approximately 175 million pounds, and copper production over the entire mine life is expected to exceed 3.2 billion pounds.
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