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The latest update is out from Fenix Resources Limited ( (AU:FEX) ).
Fenix Resources Limited has increased its voting power in Athena Resources Limited by acquiring additional shares, raising its stake from 24.93% to 28.97%. This acquisition was made through a subscription of shortfall shares under an underwriting agreement, reflecting Fenix’s strategic move to strengthen its influence and investment in Athena Resources.
More about Fenix Resources Limited
Fenix Resources Limited operates in the mining industry, focusing on the extraction and development of mineral resources. The company is involved in producing and supplying iron ore and other related resources, targeting markets that demand these raw materials.
YTD Price Performance: -1.33%
Average Trading Volume: 17,506
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €117.9M
For a thorough assessment of FEX stock, go to TipRanks’ Stock Analysis page.
