Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Forrestania Resources Limited ( (AU:FRS) ) is now available.
Forrestania Resources Limited has completed the acquisition of the Westonia Project from Kula Gold Limited for an initial cash payment of $500,000. An additional $1,000,000 will be paid upon the discovery of a JORC-compliant Mineral Resource of at least 100,000 ounces of gold or equivalent. This divestment allows Kula Gold to concentrate on its Mt Palmer Gold Project, aligning with its strategic focus.
More about Forrestania Resources Limited
Average Trading Volume: 1,441,301
Technical Sentiment Signal: Buy
Current Market Cap: A$118.7M
Find detailed analytics on FRS stock on TipRanks’ Stock Analysis page.