MSV 1.14% 44.5¢ mitchell services limited

About IMD - but acts upon a view that drilling prices are on the...

  1. 11,077 Posts.
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    About IMD - but acts upon a view that drilling prices are on the up. I suspect MSV will be getting more market attention based on this view soon.

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    0 UBS
    26/07/2021
    1
    Upgrade to Buy from Neutral
    $2.40
    16.50%
    1
    • COMMENTARYUBS raises its rating for Imdex to Buy from Neutral and raises its target price to $2.40 from $1.90. The company is considered well positioned to leverage the potentially strong multi-year exploration cycle, supported by strength in gold and copper prices.The broker also points to improved access to capital, and while supply chain bottlenecks will likely challenge the near-term recovery profile, it's felt they may result in increased drilling prices.Successful commercialisation of the company's new technologies is an increasingly important aspect of the analyst's investment thesis.However, currently covid-19 restrictions challenge access to mine sites for trials, explains the broker.
 
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Last
44.5¢
Change
0.005(1.14%)
Mkt cap ! $94.98M
Open High Low Value Volume
44.0¢ 45.0¢ 44.0¢ $88.05K 196.3K

Buyers (Bids)

No. Vol. Price($)
1 25000 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
45.0¢ 25000 1
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Last trade - 14.57pm 28/06/2024 (20 minute delay) ?
MSV (ASX) Chart
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