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Fenix Resources Updates Director’s Interest with New Performance Rights

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Fenix Resources Updates Director’s Interest with New Performance Rights

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An announcement from Fenix Resources Limited ( (AU:FEX) ) is now available.

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.

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 involved in the development of mineral resources and is known for its operations in Western Australia.

Average Trading Volume: 1,834,812

Technical Sentiment Signal: Buy

Current Market Cap: A$372.2M

Find detailed analytics on FEX stock on TipRanks’ Stock Analysis page.

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