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.
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 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
38.0¢ |
Change
-0.015(3.80%) |
Mkt cap ! $81.23M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 37.5¢ | $285.6K | 745.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 22773 | 1 |
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| Last trade - 15.58pm 18/10/2024 (20 minute delay) ? |
| MSV (ASX) Chart |