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An update from Forrestania Resources Limited ( (AU:FRS) ) is now available.
Forrestania Resources Limited has applied to the ASX for quotation of 156,965,455 new fully paid ordinary shares under the code FRS. The new securities, issued on 22 January 2026, represent a substantial expansion of the company’s quoted capital base and signal an important capital markets move that may support future corporate or project activities, with implications for existing shareholders through increased share supply and potential shifts in ownership structure.
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
Average Trading Volume: 1,782,016
Technical Sentiment Signal: Buy
Current Market Cap: A$359.5M
For a thorough assessment of FRS stock, go to TipRanks’ Stock Analysis page.