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Forrestania Resources Limited ( (AU:FRS) ) just unveiled an update.
Forrestania Resources Limited has disclosed a change in director Brett James Hodgins’ interests, with the director now holding indirect interests in a total of 15 million unlisted options via Jaybre Holdings Pty Ltd. The options, which were issued for no cash consideration following shareholder approval at a general meeting on 12 January 2026, are split into three tranches of 5 million each with exercise prices of $0.40, $0.60 and $0.90, all expiring on 19 January 2029, highlighting an incentive structure closely tied to the company’s future share price performance and aligning the director’s interests with long-term shareholder value.
The most recent analyst rating on (AU:FRS) stock is a Hold with a A$0.47 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 resource projects, operating within the broader mining and exploration sector and targeting value creation through exploration success and project advancement.
Average Trading Volume: 1,631,119
Technical Sentiment Signal: Buy
Current Market Cap: A$348.7M
Find detailed analytics on FRS stock on TipRanks’ Stock Analysis page.