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The latest update is out from Imdex Ltd ( (AU:IMD) ).
IMDEX Limited announced the acquisition of ALT and MSI, signaling a strategic expansion in its service offerings. The acquisition is expected to strengthen IMDEX’s market position by enhancing its capabilities in exploration and production, potentially benefiting stakeholders through improved operational efficiencies.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
More about Imdex Ltd
IMDEX Limited operates in the mining technology industry, providing innovative drilling solutions and data analytics services to enhance exploration and production processes. The company focuses on delivering advanced technology to improve efficiency and decision-making for mining operations globally.
YTD Price Performance: 49.07%
Average Trading Volume: 1,269,800
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.76B
For detailed information about IMD stock, go to TipRanks’ Stock Analysis page.