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Forrestania Resources Limited ( (AU:FRS) ) has issued an update.
Forrestania Resources Limited has applied to the ASX for quotation of 1,285,558 new fully paid ordinary shares, to be issued on 23 January 2026. The additional securities arise from the exercise or conversion of existing options or other convertible instruments, modestly increasing the company’s listed share capital and potentially improving liquidity for shareholders, while signaling ongoing engagement with equity-based funding mechanisms.
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
Average Trading Volume: 1,949,766
Technical Sentiment Signal: Buy
Current Market Cap: A$425.2M
For detailed information about FRS stock, go to TipRanks’ Stock Analysis page.