Corporate News
Mindax Limited (MDX.AX) closed the trading session of Friday 23 October 2026 with a modest gain of 2.94 %, settling at AUD 0.04 per share at 11:48 AM Central Europe. The company’s current free float is 2.4 billion shares, which translates into a market capitalization of AUD 56.6 million. In the last 24 hours, approximately AUD 49.14 worth of Mindax shares changed hands, a figure that represents 0 % change compared with the end of the previous month. Over the past 200 days the simple moving average has hovered at AUD 0.03. The 52‑week high was recorded at AUD 0.05 on 11 April 2025, while the low of the same period sits at AUD 0.02 as of 29 May 2026.
Recent Governance Development
Mindax Limited has announced the addition of three non‑executive directors to its board, effective 22 October 2026. The new appointments are:
| Director | Role |
|---|---|
| Ms Ying Yang | Non‑executive Chair and Director |
| Mr Bolin Lan | Director |
| Mr Chengze Yu | Director |
The board will vote on these appointments at the annual general meeting scheduled for 28 November 2026. Each director will submit an interest notice to the Australian Securities Exchange, detailing personal holdings and any related interests. Disclosures highlight Mr Yu’s significant shareholdings, including family interests, Ms Yang’s indirect interest through a related investment holding, and the existence of a convertible note agreement between Mindax and the same investment holding. No further operational or financial updates were provided in the announcement.
24‑Hour Performance of Related Shares
The trading activity of several peers in the same market segment is summarized below:
| Ticker | 24‑hour change | Current price | Market cap (AUD mn) | Additional data |
|---|---|---|---|---|
| ACS.AX (Accent Nl) | +5 % | AUD 0.21 | 66.2 | — |
| AHC.AX (Austco Healthcare) | +7.55 % | AUD 0.29 | 67.1 | P/E = 11.11 |
| CTS.AX (Ceretas) | –4.26 % | AUD 0.88 | 67.1 | — |
| SND.AX (Saunders) | –0.72 % | AUD 0.69 | 65.7 | — |
| EGR.AX (Ecograf) | –5 % | AUD 0.19 | 65.3 | — |
These figures illustrate the relative volatility within the sector, with Austco Healthcare posting the largest gain and Ceretas experiencing the most significant decline over the same period.
Company Overview
Mindax Ltd. is a gold exploration and production enterprise headquartered in Australia, operating primarily from its base in Burswood. The firm focuses on high‑grade gold mineralisation and maintains a diversified portfolio that includes gold, copper, iron, and uranium projects situated within the Yilgarn Craton of Western Australia. The company is listed on the ASX All Markets and provides further details through its website at www.mindax.com.au .