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Fenix Resources Limited ( (AU:FEX) ) has issued an announcement.
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.
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 known for its high-grade iron ore products and primarily serves markets in Australia and Asia.
YTD Price Performance: 93.80%
Average Trading Volume: 2,179,615
Technical Sentiment Signal: Buy
Current Market Cap: A$372.2M
See more insights into FEX stock on TipRanks’ Stock Analysis page.