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Fenix Resources Limited
(Sydney:FEX)
Fenix Resources Limited (FEX) vs. iShares MSCI Australia ETF (EWA)
Fenix Resources Limited Business Overview & Revenue Model
Fenix Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 316.09M | 316.09M | 259.20M | 196.85M | 249.17M | 114.38M |
| Gross Profit | 27.78M | 72.61M | 59.83M | 38.48M | 66.97M | 62.81M |
| EBITDA | 55.37M | 56.89M | 74.84M | 55.21M | 75.85M | 63.88M |
| Net Income | 5.39M | 5.39M | 33.64M | 29.25M | 50.69M | 49.04M |
Balance Sheet | ||||||
| Total Assets | 364.47M | 364.47M | 266.78M | 188.54M | 152.39M | 116.59M |
| Cash, Cash Equivalents and Short-Term Investments | 57.82M | 57.82M | 77.35M | 76.37M | 101.93M | 69.00M |
| Total Debt | 82.92M | 82.92M | 41.92M | 21.37M | 374.03K | 2.01M |
| Total Liabilities | 186.70M | 186.70M | 100.44M | 63.70M | 44.16M | 39.33M |
| Stockholders Equity | 177.77M | 177.77M | 166.34M | 124.84M | 108.22M | 77.26M |
Cash Flow | ||||||
| Free Cash Flow | 7.53M | 7.53M | 42.24M | 12.18M | 55.38M | 50.43M |
| Operating Cash Flow | 71.88M | 71.88M | 68.49M | 16.28M | 62.29M | 65.30M |
| Investing Cash Flow | -64.20M | -64.20M | -40.14M | -13.75M | -5.44M | -17.47M |
| Financing Cash Flow | -24.26M | -27.89M | -26.95M | -28.24M | -24.03M | 20.02M |
Fenix Resources Limited Technical Analysis
Fenix Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | AU$295.12M | 6.44 | 4.28% | ― | -13.54% | -56.86% | |
| ― | AU$153.39M | 12.06 | 8.79% | ― | 15.32% | 10.05% | |
| ― | €375.96M | 68.24 | 3.14% | 2.00% | 21.95% | -84.84% | |
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
| ― | AU$248.17M | 27.04 | 6.50% | 2.42% | ― | -94.07% |
Fenix Resources Limited Corporate Events
Fenix Resources Limited has announced its 2025 Annual General Meeting (AGM) will take place on November 27, 2025, in Perth, Western Australia. Shareholders are advised that the Notice of Meeting will be available electronically, and proxy voting is encouraged to be completed online or via mail. This approach aligns with recent legislative changes, emphasizing digital communication and streamlining shareholder engagement. The AGM is a significant event for stakeholders, providing an opportunity to discuss the company’s strategic direction and operational updates.
The most recent analyst rating on (AU:FEX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Fenix Resources Limited stock, see the AU:FEX Stock Forecast page.
Fenix Resources Limited has 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. This acquisition increases his total holdings to 22,500,000 shares, reflecting confidence in the company’s prospects and potentially impacting investor perceptions positively.
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.
Fenix Resources Ltd has appointed Fernando Pereira as the Chief Operating Officer of its subsidiary Westmine. With extensive experience in iron ore operations, Pereira will oversee Fenix’s existing mining operations and contribute to the company’s strategic goal of increasing production to ten million tonnes per annum. This appointment is a strategic move to leverage recent expansions and enhance operational efficiency, positioning Fenix for significant growth in the iron ore market.
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.
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.
Fenix Resources Limited has secured exclusive mining rights to the 290 million tonne Weld Range Iron Ore Project through a landmark 30-year agreement with Baowu, significantly enhancing its growth prospects. The company achieved record operational performance in the September 2025 quarter, with increased iron ore shipments and successful commissioning of its third mine, Beebyn-W11, positioning Fenix for sustainable long-term shareholder value.
The most recent analyst rating on (AU:FEX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Fenix Resources Limited stock, see the AU:FEX Stock Forecast page.
Fenix Resources Ltd has updated its iron ore hedge book, securing new contracts for an additional 300,000 tonnes of iron ore, bringing the total hedged volume to 720,000 tonnes at an average price of A$153.18 per tonne until June 2026. This move aligns with the company’s Price Protection Policy, ensuring a positive cash flow margin while maintaining exposure to spot prices. The hedging contracts, in partnership with Macquarie Bank, will transition to a new index reflecting changes in iron ore quality specifications, potentially impacting the company’s financial strategy and market positioning.
The most recent analyst rating on (AU:FEX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Fenix Resources Limited stock, see the AU:FEX Stock Forecast page.
Fenix Resources Ltd has announced its Annual General Meeting scheduled for 27 November 2025 in Perth, Western Australia. The company has set a deadline for director nominations by 9 October 2025. This meeting is a significant event for stakeholders as it provides an opportunity to discuss the company’s strategic direction and operational performance. The announcement underscores Fenix’s commitment to transparency and stakeholder engagement, which is crucial for maintaining its position in the competitive mining industry.
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.
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.
Fenix Resources Limited announced a change in the director’s interest, specifically regarding Craig Douglas Mitchell. The company issued 30,000,000 performance rights to Mr. Mitchell, increasing his total holdings to 35,000,000 performance rights. This change followed shareholder approval at the company’s general meeting, indicating a strategic move to align the director’s interests with the company’s performance goals.
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.
Fenix Resources Limited has announced the issuance of 65,363,098 performance rights as part of an employee incentive scheme. This move is likely aimed at aligning employee interests with company performance, potentially impacting the company’s operational efficiency and market positioning positively.
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.
Fenix Resources Ltd announced the approval of several key resolutions at its General Meeting, including the Employee Securities Incentive Plan and the issuance of Performance Rights to Executive Directors John Welborn and Craig Mitchell. These approvals are expected to enhance the company’s operational capabilities and align executive incentives with shareholder interests, potentially strengthening Fenix’s market position and stakeholder relationships.
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.
Fenix Resources Limited has announced the issuance of 330,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code FEX. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing operations, potentially impacting its market positioning and stakeholder interests.
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.
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.
Fenix Resources Limited has secured a transformative 30-year agreement with Sinosteel Midwest Corporation, a subsidiary of China Baowu Steel Group, granting exclusive rights to mine 290 million tonnes of iron ore from the Weld Range Project in Western Australia. This agreement significantly extends Fenix’s mine life and production capacity, aligning with its goal to become a 10 million tonne per annum producer. The partnership with the world’s largest steelmaker, Baowu, enhances Fenix’s industry positioning and presents opportunities for regional collaboration and increased production, promising substantial value creation for stakeholders.
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.
Fenix Resources Limited, listed on the ASX under the ticker FEX, has requested a trading halt on its securities pending an announcement regarding a significant acquisition. This halt will remain in effect until the announcement is made or until normal trading resumes on September 1, 2025. The trading halt indicates a potentially impactful move by Fenix Resources, which could influence its market position and stakeholder interests.
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.
Fenix Resources Limited announced record production for FY25, achieving 2.4 million tonnes of iron ore, a 64% increase from the previous year. The company successfully transitioned to a multi-mine operation, with the commissioning of the Shine and Beebyn-W11 mines, contributing to a targeted production rate of 4Mtpa. Despite a decline in iron ore prices, Fenix maintained strong cash flow and profitability, declaring a fully franked dividend of 1 cent per share. The company aims for further growth in FY26, targeting sales of 4.0 to 4.4 million tonnes at a competitive cash cost. This strategic expansion and financial resilience position Fenix as a robust player in the iron ore market, poised for future opportunities.
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.
Fenix Resources Limited has released its Corporate Governance Statement for the 2025 financial year, detailing its adherence to the ASX Corporate Governance Council’s recommendations. While the company largely complies with these guidelines, it has identified specific areas where it diverges, providing explanations and alternative practices. This statement underscores Fenix Resources’ commitment to maintaining robust governance structures, which is crucial for its stakeholders and market position.
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.
Fenix Resources Limited has announced a dividend distribution of AUD 0.01 per share for its fully paid ordinary shares, with the payment scheduled for September 19, 2025. This announcement reflects the company’s financial health and commitment to returning value to its shareholders, potentially enhancing its attractiveness to investors and reinforcing its market position.
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.
Fenix Resources Limited reported a 22% increase in revenue for the year ending June 2025, despite an 84% decline in net profit attributable to owners. The company declared a final fully franked dividend of 1.0 cent per share, representing 137% of its FY25 net profit, as it balances rewarding shareholders with investing in growth opportunities.
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.
Fenix Resources Limited has announced a general meeting scheduled for September 18, 2025, to be held in Perth, Western Australia. Shareholders are informed that the notice of the meeting will be available electronically, and they are encouraged to submit their proxy votes online or through other specified means. This meeting is significant for shareholders as it will involve voting on key company matters, and the company has provided multiple channels for shareholders to participate, ensuring accessibility and engagement.
The most recent analyst rating on (AU:FEX) stock is a Buy with a A$0.44 price target. To see the full list of analyst forecasts on Fenix Resources Limited stock, see the AU:FEX Stock Forecast page.
Fenix Resources Limited has announced the issuance of 3,000,000 fully paid ordinary shares, which will be quoted on the ASX starting August 15, 2025. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market positioning and providing additional resources for operational expansion.
The most recent analyst rating on (AU:FEX) stock is a Buy with a A$0.44 price target. To see the full list of analyst forecasts on Fenix Resources Limited stock, see the AU:FEX Stock Forecast page.
Fenix Resources Ltd has extended its iron ore hedging contracts, securing an additional 180,000 tonnes between October 2025 and June 2026, bringing the total hedged volume to 580,000 tonnes at an average price of A$154.38 per tonne. This strategic move aligns with the company’s Price Protection Policy, ensuring positive cash flow margins while maintaining exposure to spot prices. The expanded hedge book reflects consistent production from existing mines and growth from the new Beebyn-W11 Iron Ore Mine, with first shipments expected this quarter.
The most recent analyst rating on (AU:FEX) stock is a Buy with a A$0.44 price target. To see the full list of analyst forecasts on Fenix Resources Limited stock, see the AU:FEX Stock Forecast page.