Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Fenix Resources Limited engages in the exploration, development, and mining of mineral tenements in Western Australia. The company operates in two segments: Iron Ridge Project and Trucking Joint Venture. Its flagship property is the 100% owned Iron Ridge Iron Ore project located in Western Australia. The company was formerly known as Emergent Resources Limited. Fenix Resources Limited was incorporated in 2007 and is based in West Perth, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is fairly valued on P/E, underva
Target Price
The average target price of FEX.AX is 1.5 and suggests 347% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
Buy
Sell