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An update from Fenix Resources Limited ( (AU:FEX) ) is now available.
Fenix Resources reported a record December 2025 quarter with 1.24 million wet metric tonnes of iron ore shipped, a 40% increase on the prior quarter, while maintaining group C1 cash costs at A$75/wmt and lifting cash on hand to A$78.9 million. With Beebyn‑W11 now at steady-state production, updated FY26 guidance of 4.2–4.8 million tonnes at A$70–80/wmt, a three‑year plan to ramp up to 6 million tonnes per annum by 2028, and a Weld Range scoping study outlining a pathway to about 10 million tonnes per annum and mine life to 2042, the company signalled a step-change in long-term growth aspirations and reinforced its positioning as a scaling mid-tier iron ore producer.
The most recent analyst rating on (AU:FEX) stock is a Hold with a A$0.49 price target. To see the full list of analyst forecasts on Fenix Resources Limited stock, see the AU:FEX Stock Forecast page.
More about Fenix Resources Limited
Fenix Resources Limited (ASX: FEX) is an Australian iron ore producer operating an integrated mining and logistics platform in Western Australia. The company ships iron ore from multiple mines, including Iron Ridge, Shine and Beebyn-W11, with a focus on scaling production and optimising costs to supply seaborne markets via the port of Geraldton.
Average Trading Volume: 1,602,103
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$361.3M
For an in-depth examination of FEX stock, go to TipRanks’ Overview page.