Imdex Limited (IMD.AX)
Imdex Limited operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Balcatta, WA, AU. The stock last traded at $4.00, up 0.25% on the session, giving a market capitalisation of $2.05B. Its beta of 1.19 implies it has historically moved more than the broad market.
Imdex Limited, an Australian company founded in 1980 (initially as Pilbara Gold NL, renamed in 1985), delivers advanced drilling optimization products and specialized sensors to the global minerals industry. With operations spanning the Asia-Pacific, Africa, Europe, and the Americas, Imdex provides a diverse range of solutions. This includes selling and renting drilling enhancement technologies such as advanced fluids, solids removal units, remote fluid analysis, rig alignment systems, and various productivity tools. The company also offers rental of rock knowledge sensors for critical subsurface data collection, including downhole surveys, core and structural orientation, and gamma logging. Complementing these hardware offerings, Imdex provides real-time data and analytics platforms, featuring a cloud-based system for data validation and collection, alongside sophisticated software for reporting, geoscience analytics, interpretive mineralogy, and 3D visualization. Operating under its AMC and REFLEX brands, Imdex offers comprehensive solutions encompassing software, mining technology, drilling efficiency, downhole navigation, structural geology, in-field geoanalysis, and driller-operable geophysics, catering to the needs of drilling contractors and resource companies worldwide.
Imdex Limited is most often compared with the following Industrials names: