Treasure Chest | Jul 31 2025
FNArena's Treasure Chest reports on money making ideas from stockbrokers and other experts. Today's idea is Imdex.
By Danielle Ecuyer
FNArena's Treasure Chest reports on money making ideas from stockbrokers and other experts.
Whose Idea Is It?
Canaccord Genuity
The subject:
Imdex has added to its strategy of growing and enhancing its cloud based software-as-a-service platform, Imdex Hub-IQ via an 80% stake in Norwegian energy platform Earth Science Analytics (ESA) which should boost the company's ability to grow market share.
More info:
Imdex ((IMD)) is a small-cap ($1.5bn) global mining tech services company that offers tools and technologies, including via its digital platform, to improve drilling efficiency, safety, and environmental impacts for mining companies and explorers. The company is leveraged to mining exploration spending, earning around $2.10 in revenue for every $100 spent on exploration activities during 2024, as highlighted by management at the 1H25 results.
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