METS

Imdex shares rise on profit surge

MINERAL exploration and mining technology company Imdex will pay out more than A$5 million of dividends, its first payments in five years, after increasing net profit 31% year-on-year to A$27.6 million on a 12% revenue uplift to $243.7 million for fiscal 2018-2019. Its shares (ASX: IMD) were up 7.9% today.

Staff reporter
Increasing drilling depths and complexity driving exploration companies to embrace new technology, says Imdex

Increasing drilling depths and complexity driving exploration companies to embrace new technology, says Imdex

One of the world's leading suppliers of mineral drilling down-hole and information management technologies, and drilling fluids, Imdex is seeing better profit margins on more technology-led instrument...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.