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The latest announcement is out from Fenix Resources Limited ( (AU:FEX) ).
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 on-market trades, valued at $125,250. This acquisition increases his total shareholding to 22,250,000 shares, potentially strengthening his influence within the company and reflecting confidence in Fenix Resources’ market position.
The most recent analyst rating on (AU:FEX) stock is a Buy with a A$0.65 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, focusing primarily on the extraction and production of iron ore. The company is engaged in developing and managing mining projects, with a market focus on supplying high-quality iron ore to global markets.
Average Trading Volume: 2,117,994
Technical Sentiment Signal: Buy
Current Market Cap: A$349.9M
See more insights into FEX stock on TipRanks’ Stock Analysis page.