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Forrestania Resources Limited ( (AU:FRS) ) has shared an update.
Forrestania Resources Limited has disclosed that 7 Enterprises Pty Ltd has ceased to be a substantial shareholder in the company as of 22 January 2026. The change was triggered by dilution of 7 Enterprises’ stake following a share issue by Forrestania Resources, affecting 33,450,000 fully paid ordinary shares and the associated voting rights, signalling a shift in the company’s share register that may slightly rebalance voting influence among remaining shareholders.
The most recent analyst rating on (AU:FRS) stock is a Hold with a A$0.54 price target. To see the full list of analyst forecasts on Forrestania Resources Limited stock, see the AU:FRS Stock Forecast page.
More about Forrestania Resources Limited
Forrestania Resources Limited is an Australian-listed resources company focused on mineral exploration and development. The company is engaged in identifying and advancing projects through exploration, capital raisings and associated corporate activities in the resources sector.
Average Trading Volume: 1,844,547
Technical Sentiment Signal: Buy
Current Market Cap: A$359.5M
See more insights into FRS stock on TipRanks’ Stock Analysis page.