tiprankstipranks
Advertisement
Advertisement

Forrestania Resources Seeks ASX Quotation for Nearly 6 Million New Shares

Story Highlights
  • Forrestania Resources applied to quote 5,956,636 new ordinary fully paid shares on the ASX.
  • The new share quotation expands Forrestania’s listed equity base and supports ongoing operational flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Forrestania Resources Seeks ASX Quotation for Nearly 6 Million New Shares

Claim 55% Off TipRanks

The latest update is out from Forrestania Resources Limited ( (AU:FRS) ).

Forrestania Resources Limited has applied for quotation on the ASX of 5,956,636 new ordinary fully paid shares under its code FRS. The shares, issued on March 27, 2026, form part of previously announced transactions, modestly expanding the company’s listed equity base and potentially providing additional capital flexibility for its ongoing operations and projects.

The most recent analyst rating on (AU:FRS) stock is a Hold with a A$0.33 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 ASX-listed resources company, identified by issuer code FRS. It operates in the mining and exploration sector, issuing ordinary fully paid shares to fund and support its resource projects and corporate activities in the Australian market.

Average Trading Volume: 4,097,852

Technical Sentiment Signal: Buy

Current Market Cap: A$441.3M

See more insights into FRS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1