Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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.