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Forrestania Resources Limited ( (AU:FRS) ) has provided an update.
Forrestania Resources Limited has applied to the ASX for quotation of 159,574 new fully paid ordinary shares under its ticker FRS, with the securities issued on 16 January 2026 following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted capital reflects ongoing utilisation of equity-linked instruments by the company and will marginally dilute existing shareholders while providing additional listed stock to the market.
The most recent analyst rating on (AU:FRS) stock is a Hold with a A$0.46 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: 1,550,745
Technical Sentiment Signal: Buy
Current Market Cap: A$269.1M
Find detailed analytics on FRS stock on TipRanks’ Stock Analysis page.