Fenix Resources Ltd

FEX.ASX

Materials

Western Australian integrated mining, logistics and port services business

Market Data

Price

$0.307

+0.0%
Market Cap

$229.5M

P/E Ratio

16.9x

EPS

$0.018

Div. Yield

3.33%

52-Week Change

-0.3%

Latest Earnings

Half Year Results - Record Production and Earnings

25 February 2026

Revenue
$294.20
+125.0% YoY
NPAT
$9.70
+419.0% YoY

Fenix Resources delivered record H1 FY26 results with 2.1Mt iron ore shipped (up 126%), driving EBITDA of A$48.6M (up 137%) and NPAT of A$9.7M (up 419%). The company secured a transformational 30-year mining agreement for the 290Mt Weld Range project with Baowu, providing a pathway to 10Mtpa production and mine life to 2042. Key points: Record iron ore shipments of 2.1Mt, up 126% from prior corresponding period; Strong cash generation with operating cash flow of A$56.0M (up 422%) and cash position of A$78.6M; Secured transformational 30-year Right to Mine Agreement with Baowu for 290Mt Weld Range project

Recent Announcements

25 Feb 2026 Actual Results Positive

Half Year Results - Record Production and Earnings

Fenix Resources delivered record H1 FY26 results with 2.1Mt iron ore shipped (up 126%), driving EBITDA of A$48.6M (up 137%) and NPAT of A$9.7M (up 419%). The company secured a transformational 30-year mining agreement for the 290Mt Weld Range project with Baowu, providing a pathway to 10Mtpa production and mine life to 2042. Key points: Record iron ore shipments of 2.1Mt, up 126% from prior corresponding period; Strong cash generation with operating cash flow of A$56.0M (up 422%) and cash position of A$78.6M; Secured transformational 30-year Right to Mine Agreement with Baowu for 290Mt Weld Range project

25 Feb 2026 Actual Results Positive

Appendix 4D

Fenix Resources delivered exceptional half-year results with revenue from continuing operations surging 125% to $294.2M and net profit attributable to owners skyrocketing 419% to $9.7M for the six months ended 31 December 2025. The company maintains its annual dividend policy but did not declare a dividend for this period, focusing on maintaining balance sheet strength for future funding requirements. Key points: Revenue from continuing operations surged 125% to $294.2M; Net profit attributable to owners jumped 419% to $9.7M; Net tangible assets per share increased to $0.21 from $0.20

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