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An update from Fenix Resources Limited ( (AU:FEX) ) is now available.
Fenix Resources Limited has announced a change in the interests of its director, John Paul Welborn, who acquired 650,000 additional shares through on-market trades, increasing his total holdings to 21,650,000 shares. This acquisition reflects a significant personal investment by the director, potentially indicating confidence in the company’s future prospects and stability, which may positively influence stakeholder perceptions.
The most recent analyst rating on (AU:FEX) stock is a Buy with a A$0.40 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 operates in the mining industry, primarily focusing on the extraction and production of iron ore. The company is engaged in the development of high-grade iron ore projects and aims to supply quality resources to the global market.
Average Trading Volume: 1,081,533
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$238.1M
Find detailed analytics on FEX stock on TipRanks’ Stock Analysis page.