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An update from Micro-X Ltd. ( (AU:MX1) ) is now available.
Micro-X has raised $6.18M in its latest placement to fund critical commercial and manufacturing activities. With participation from key strategic investor Billion Prima, which increased its shareholding to 8.6%, and commitments from its chairman, this funding targets scaling up production of X-ray tubes and generators, advancing medical imaging initiatives like the Head CT product, and supporting partnerships in the security asset sector.
The most recent analyst rating on (AU:MX1) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Micro-X Ltd. stock, see the AU:MX1 Stock Forecast page.
More about Micro-X Ltd.
Micro-X Ltd. is an Australian high-tech company specializing in cold cathode X-ray technology for health and security markets globally. The company focuses on innovative medical imaging solutions like portable X-ray devices and emerging security technologies, aiming to expand its reach in healthcare and security sectors.
Average Trading Volume: 438,077
Technical Sentiment Signal: Sell
Current Market Cap: A$53.43M
For a thorough assessment of MX1 stock, go to TipRanks’ Stock Analysis page.