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Fenix Resources Director Increases Shareholding

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Fenix Resources Director Increases Shareholding

Fenix Resources Limited ( (AU:FEX) ) has shared an update.

Fenix Resources Limited announced a change in the director’s interest, with John Paul Welborn acquiring an additional 250,000 fully paid ordinary shares through an on-market trade. This acquisition increases his total holdings to 20,750,000 shares, reflecting confidence in the company’s future prospects and potentially impacting stakeholder perceptions positively.

More about Fenix Resources Limited

Fenix Resources Limited operates in the mining industry, focusing primarily on the extraction and production of iron ore. The company is known for its high-grade iron ore products and is strategically positioned to serve both domestic and international markets.

YTD Price Performance: 23.33%

Average Trading Volume: 3,556

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €129.6M

Learn more about FEX stock on TipRanks’ Stock Analysis page.

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