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An update from Fenix Resources Limited ( (AU:FEX) ) is now available.
Fenix Resources Limited has announced the appointment of Chris Hunt as its new Chief Financial Officer, effective January 20, 2025. Hunt brings extensive experience from senior finance roles in the mining sector, having worked with companies like BC Iron Limited and Rox Resources Ltd. His appointment follows the stepping down of Stuart Ausmeier, who will aid in a smooth transition. This leadership change is expected to bolster Fenix’s financial strategies as it continues to expand its operations, particularly with upcoming production increases at its iron ore mines.
More about Fenix Resources Limited
Fenix Resources Limited is a highly profitable, fully integrated mining, logistics, and port services business based in the Mid-West region of Western Australia. The company specializes in producing high-quality iron ore, which is transported via its wholly owned Newhaul Road Logistics and Newhaul Port Logistics businesses to Geraldton Port. Fenix operates several key assets, including the Iron Ridge mine and other iron ore projects, and is focused on growth through strategic partnerships and community engagement, notably with the Wajarri Yamaji people, the land’s Traditional Custodians.
YTD Price Performance: 2.67%
Average Trading Volume: 17,506
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €120.1M
For an in-depth examination of FEX stock, go to TipRanks’ Stock Analysis page.
