Company Performance: Strong financial results, revenue growth, and profitability generally increase investor confidence, driving the stock price up. Conversely, losses or declining sales can negatively impact the price.

Market Sentiment: Overall investor mood and confidence in the market affect all stocks. Positive sentiment leads to more buying, pushing prices higher; negative sentiment causes selling and price declines.

Commodity Prices: Since FNX.AU is a resource company, fluctuations in commodity prices (e.g., gold, copper) directly impact its profitability and, consequently, its stock price.

Industry Trends: Shifts in the mining industry, technological advancements, and regulatory changes influence investor perception of FNX.AU's prospects.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and GDP growth affect investment decisions and overall market performance, indirectly impacting FNX.AU.

Global Events: Geopolitical events, trade wars, and global economic crises can create uncertainty and volatility, influencing investor behavior and the stock's price.

News & Announcements: Company-specific news such as exploration results, project developments, mergers, and acquisitions announcements can cause significant price movements.

Dividend Policy: Attractive dividend payouts can make a stock more appealing to investors, increasing demand and potentially driving up the price. Changes in dividend policy can also impact the price.