Forrestania Resources Limited ( (AU:FRS) ) has provided an update.
Forrestania Resources Limited reported its financial results for the half-year ending 31 December 2024, showing a significant reduction in losses compared to the previous year. The company’s net assets increased by 6%, attributed mainly to the capitalization of exploration expenditure, despite a decrease in revenue and cash flow challenges.
More about Forrestania Resources Limited
Forrestania Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker FRS.
YTD Price Performance: 190.0%
Average Trading Volume: 2,375,288
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$6.04M
For an in-depth examination of FRS stock, go to TipRanks’ Stock Analysis page.