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Forrestania Resources Limited ( (AU:FRS) ) has shared an announcement.
Forrestania Resources Limited has applied for quotation on the ASX of 1,314,747 new fully paid ordinary shares under the code FRS. The securities, issued on 20 March 2026 following the exercise or conversion of existing options or other convertible instruments, will expand the company’s quoted capital base and may modestly enhance liquidity and funding flexibility for its ongoing resource activities.
The most recent analyst rating on (AU:FRS) stock is a Sell with a A$0.42 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 trading on the ASX under the code FRS. The company operates in the mining and exploration sector, focusing on the discovery and development of mineral assets to create value for shareholders in the resource commodities market.
Average Trading Volume: 3,763,319
Technical Sentiment Signal: Buy
Current Market Cap: A$420.2M
For detailed information about FRS stock, go to TipRanks’ Stock Analysis page.