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Fenix Resources Limited ( (AU:FEX) ) just unveiled an announcement.
Fenix Resources reported a record December 2025 quarter, shipping 1.24 million wet metric tonnes of iron ore across 21 vessels, marking its first quarter above one million tonnes and an implied annualised run-rate of about 4.9 million tonnes. The operational outperformance, driven by optimised Mid-West mining operations and efficient Newhaul haulage and port logistics, underpinned a strong financial result, with cash at bank rising by A$21.2 million to A$78.9 million even after capital expenditure, debt repayments and tax. With first-half FY26 shipments reaching 2.13 million tonnes, the company has reaffirmed its upgraded FY26 sales guidance of 4.2–4.8 million tonnes, reinforcing its growth trajectory and strengthening its position as a scalable mid-tier iron ore exporter.
The most recent analyst rating on (AU:FEX) stock is a Hold with a A$0.53 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 is an ASX-listed iron ore producer operating integrated mining and logistics assets in Western Australia’s Mid-West region. The company runs a fully integrated pit-to-port model, including its wholly owned Newhaul logistics subsidiary and dedicated on-wharf storage capacity at Geraldton Port, enabling scalable and efficient export of iron ore to global markets.
YTD Price Performance: -1.03%
Average Trading Volume: 1,561,531
Technical Sentiment Signal: Buy
Current Market Cap: A$357.6M
Learn more about FEX stock on TipRanks’ Stock Analysis page.