Mincon Group plc (MCON.L)
Mincon Group plc operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Shannon, CE, IE. The stock last traded at $61.50, up 0.00% on the session, giving a market capitalisation of $130.7M. Its beta of 0.14 implies it has historically moved less than the broad market.
Mincon Group plc is a global enterprise dedicated to the design, production, distribution, and maintenance of specialized rock drilling tools and related equipment. The company's operations span a wide geographical area, including Ireland, the Americas, Australasia, Europe, the Middle East, and Africa. Their comprehensive product line features drill rigs and mast attachments specifically engineered for excavators and skid steers. They also offer down-the-hole (DTH) hammers and a variety of DTH drill bits suitable for diverse rock-drilling scenarios, in addition to rotary drill bits. Furthermore, Mincon provides extensive construction and geotechnical services, which encompass foundation drilling, pipe pile-wall construction, fore poling techniques, well drilling, and anchoring systems. Other offerings include equipment for reverse circulation drilling, various drill pipes, and horizontal directional drilling products such as pull reamers and pilot hammers. The company also acts as a reseller for third-party manufactured goods. These sophisticated tools are crucial for numerous applications, including mining and quarrying, general construction and geotechnical projects, mineral exploration, water well drilling, geothermal energy development, and horizontal directional drilling. Established in 1977 and headquartered in Shannon, Ireland, the company was formerly known as Manrock plc before adopting its current name, Mincon Group plc, in September 2013. Mincon Group plc operates as a subsidiary of Kingbell Company.
Mincon Group plc is most often compared with the following Industrials names: