Added to YB: 2025-09-26
Pitch date: 2025-09-25
FEX.AX [bullish]
Fenix Resources Limited
Author Info
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Company Info
Fenix Resources Limited provides mining, logistics, and port services in Western Australia. The company’s flagship property is the 100% owned Iron Ridge Iron Ore project located in Western Australia.
Market Cap
AUD 361.1M
Pitch Price
N/A
Price Target
N/A
Dividend
2.06%
EV/EBITDA
6.89
P/E
68.31
EV/Sales
1.22
Sector
Metals and Mining
Category
value
Fenix Resources: Trading at 2x Op. Cash Flow with 2.5x Growth Ahead
FEX.AX: Vertically integrated iron ore miner trading 2x operating cash flows; $350M+ infrastructure replacement value equals market cap. 4Mtpa production targeting 10Mtpa via transformational Sinosteel 290Mt Weld Range deal. Premium 64% Fe ore commands $10-15/t discounts vs benchmark. Strong margins, insider ownership, logistics moat in WA Mid West.
Read full article (23 min)