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Fenix Resources Limited ( (AU:FEX) ) just unveiled an announcement.
Fenix Resources Limited announced a change in the interest of its director, John Paul Welborn, with the acquisition of 30,000,000 performance rights, increasing his total to 45,000,000. This change, approved at the company’s general meeting, reflects a strategic move to align the director’s interests with the company’s performance, potentially impacting the company’s governance and stakeholder confidence.
The most recent analyst rating on (AU:FEX) stock is a Buy with a A$1.03 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 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-grade iron ore to global markets.
Average Trading Volume: 1,834,812
Technical Sentiment Signal: Buy
Current Market Cap: A$372.2M
For detailed information about FEX stock, go to TipRanks’ Stock Analysis page.