Australia's Fenix Resources rises after posting HY profit

Fenix Resources

10/03/2022 01:24

** Shares of mineral explorer Fenix Resources  FEX.AX  rise
as much as 6.3% to A$0.255, their highest since Feb. 14 
    ** Co posts HY net profit after tax of A$14 mln ($10.21
mln), compared to a loss of A$1.2 mln last year  urn:newsml:reuters.com:*:nASX8sR2rn
    ** Reaffirms dividend policy and says decision on final
dividend for this year will be made in September
    ** Shares mark their biggest intraday pct gain since March 3
    ** As of last close, stock down 11.1% this year

    ($1 = 1.3710 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))