Mindax Limited ( (AU:MDX) ) has provided an update.
Mindax Limited has requested a trading halt on its securities pending an announcement regarding an investment in an unlisted public company with interests near its Mt Forrest Iron Project. This move could potentially impact Mindax’s operations and market positioning by expanding its resource base, signaling strategic growth to stakeholders.
More about Mindax Limited
Mindax Limited operates in the mining industry, focusing primarily on iron ore deposits. The company is engaged in developing its Mt Forrest Iron Project, which is central to its market strategy.
YTD Price Performance: 60.0%
Average Trading Volume: 418,046
Technical Sentiment Signal: Sell
Current Market Cap: A$146.8M
For detailed information about MDX stock, go to TipRanks’ Stock Analysis page.