Fenix Resources Expands Stake in CZR Resources

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Fenix Resources Expands Stake in CZR Resources

Fenix Resources Limited ( (AU:FEX) ) has issued an announcement.

Fenix Resources Limited has increased its voting power in CZR Resources Ltd from 5.08% to 6.14% through an off-market takeover bid. This acquisition is part of Fenix’s strategic move to expand its influence and stake in CZR, potentially impacting the market dynamics and stakeholder interests in the mining sector.

More about Fenix Resources Limited

YTD Price Performance: -3.33%

Average Trading Volume: 3,844

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €116.4M

For a thorough assessment of FEX stock, go to TipRanks’ Stock Analysis page.

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