Fenix Resources Limited (FEX.AX)
Fenix Resources Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Perth, WA, AU. The stock last traded at $0.27, up 1.89% on the session, giving a market capitalisation of $208.1M. Its beta of 1.04 implies it has historically moved more than the broad market.
Fenix Resources Limited is primarily engaged in the exploration, development, and extraction of mineral deposits throughout Western Australia. The company's operations are structured into two distinct divisions: the Iron Ridge Project and a Trucking Joint Venture. A key asset for the firm is its wholly-owned Iron Ridge Iron Ore project, which is also located in Western Australia. Initially trading as Emergent Resources Limited, the company was founded in 2007 and maintains its corporate headquarters in West Perth, Australia.
Fenix Resources Limited is most often compared with the following Basic Materials names: