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An update from Forrestania Resources Limited ( (AU:FRS) ) is now available.
Forrestania Resources Limited has applied to the Australian Securities Exchange for quotation of an additional 4,724,175 ordinary fully paid shares. The new securities, issued on March 6, 2026, expand the company’s quoted capital base and may enhance liquidity in its stock for existing and prospective shareholders.
The application under Appendix 2A reflects the conversion or exercise of existing options or other convertible securities into ordinary shares. This capital structure change signals ongoing investor engagement with Forrestania’s equity and could support future funding flexibility for its mineral exploration and development activities.
The most recent analyst rating on (AU:FRS) stock is a Hold with a A$0.69 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 company in the resources sector. It focuses on the exploration and development of mineral assets, with its ordinary fully paid shares traded on the ASX under the ticker FRS.
Average Trading Volume: 3,177,270
Technical Sentiment Signal: Buy
Current Market Cap: A$695.7M
For detailed information about FRS stock, go to TipRanks’ Stock Analysis page.