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Imdex Ltd ( (AU:IMD) ) has shared an update.
IMDEX has acquired the remaining equity in Australian AI geoscience specialist Datarock Holdings for about A$31 million, taking its ownership to 100% and fully consolidating Datarock’s results from 1 February 2026. The deal embeds Datarock’s cloud-native, AI-powered geological interpretation technology as a core asset within IMDEX’s Digital Earth Knowledge ecosystem, enabling unified workflows that connect drilling, geological, geotechnical and operational data, enhancing the company’s AI capabilities, accelerating product development and extending its reach across global mining and adjacent resource markets.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$4.00 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 is an Australian mining technology company specialising in digital subsurface solutions, including drilling optimisation tools and cloud-based platforms for managing and analysing earth systems data. Its portfolio, which spans offerings such as HUB-IQ, aiSIRIS, MinePortal and EarthNET, targets the mining, energy and civil sectors by delivering AI-enabled, cloud-native tools that help customers reduce geological uncertainty, boost productivity and extract greater value from subsurface and operational data.
YTD Price Performance: 10.17%
Average Trading Volume: 996,787
Technical Sentiment Signal: Buy
Current Market Cap: A$1.94B
For an in-depth examination of IMD stock, go to TipRanks’ Overview page.