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Forrestania Resources Limited ( (AU:FRS) ) has shared an update.
Forrestania Resources Limited has applied to the ASX for quotation of 17,218,592 new ordinary fully paid shares, effective 10 February 2026. The move expands the company’s quoted capital base, potentially enhancing liquidity in its stock and supporting previously announced transactions, with implications for existing shareholders’ ownership dilution and future capital management flexibility.
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
Forrestania Resources Limited is an Australian-listed resources company focused on mineral exploration and development. The company’s ordinary fully paid shares trade on the ASX under the code FRS, providing investors exposure to the mining and exploration sector.
Average Trading Volume: 2,436,770
Technical Sentiment Signal: Buy
Current Market Cap: A$453M
For a thorough assessment of FRS stock, go to TipRanks’ Stock Analysis page.