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Forrestania Resources Limited ( (AU:FRS) ) has issued an announcement.
Forrestania Resources Limited has applied to the ASX for quotation of 85,601 new fully paid ordinary shares under its ticker FRS. The additional securities, issued on 30 January 2026 following the exercise or conversion of existing options or other convertible securities, will slightly increase the company’s free float and share capital base, providing marginal additional liquidity for shareholders once admitted to quotation.
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
Average Trading Volume: 2,175,811
Technical Sentiment Signal: Buy
Current Market Cap: A$421.2M
Find detailed analytics on FRS stock on TipRanks’ Stock Analysis page.