Insider Buying: FENIX Resources Limited (ASX:FEX) Insider Acquires A$217,500.00 in Stock

FENIX Resources Limited (ASX:FEX) insider Robert (Rob) Brierley purchased 1,500,000 shares of FENIX Resources stock in a transaction dated Wednesday, October 14th. The stock was bought at an average price of A$0.15 ($0.10) per share, with a total value of A$217,500.00 ($155,357.14).

The business’s 50 day simple moving average is A$0.05.

FENIX Resources Company Profile

Fenix Resources Limited engages in the exploration of iron, base metal, and precious metal properties in Western Australia. Its flagship property is the Ridge iron ore project located in Perth. The company also holds 80% interests in the Beyondie iron ore project comprising E52/2215 iron-ore tenement with 46 blocks covering an area of 142 square kilometers located in Western Australia.

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