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An announcement from Forrestania Resources Limited ( (AU:FRS) ) is now available.
Forrestania Resources Limited has applied to the ASX for quotation of 4,850,000 new ordinary fully paid shares. The securities, issued on 31 December 2025 and 2 January 2026 following the exercise of options or conversion of other securities, will increase the company’s quoted share capital, potentially broadening its investor base and enhancing liquidity in its stock.
The most recent analyst rating on (AU:FRS) stock is a Hold with a A$0.31 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: 1,462,102
Technical Sentiment Signal: Buy
Current Market Cap: A$179.2M
For detailed information about FRS stock, go to TipRanks’ Stock Analysis page.