Shares in mining tech firm Imdex soar on half-year update – MASHAHER

ISLAM GAMAL19 February 2024Last Update :
Shares in mining tech firm Imdex soar on half-year update – MASHAHER


Investors have welcomed a set of half-year numbers from listed business Imdex that suggest the Perth-based mining tech company has been resilient amid subdued exploration activity.

Shares in the company closed the day up 17.45 per cent to trade at $1.88, highs not seen since December last year. The boost came despite Imdex handing down a net profit that was down 26 per cent on the prior period at $16.8 million.


Source Agencies

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