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Imdex Ltd ( (AU:IMD) ) just unveiled an announcement.
Imdex Limited has announced the issuance of 520,795 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize its workforce, potentially impacting its operational efficiency and aligning employee interests with corporate goals.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$4.20 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 industry, providing drilling optimization products and services. The company focuses on enhancing drilling productivity and efficiency, catering to a global market of mining and exploration companies.
Average Trading Volume: 1,482,420
Technical Sentiment Signal: Buy
Current Market Cap: A$1.87B
For detailed information about IMD stock, go to TipRanks’ Stock Analysis page.