Fenix Resources (ASX: FEX) is a profitable mining, logistics and port services business with assets in the Mid-West region of Western Australia. Fenix operates a fully integrated mine to port business, where high quality iron ore products are transported by road to Geraldton using the Company's 100% owned Fenix-Newhaul haulage and logistics business. Fenix's wholly owned Fenix Port Services business operates its own loading and storage facilities at the Geraldton Port, with storage capacity of more than 400,000 tonnes and loading capacity of more than 5 million tonnes per annum.
SOI: 694,617,920 Market Cap: $258,745,175
FEX is in a strong uptrend and has pulled back to the 50sma at the lower Bollinger Band.
