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Forrestania Resources Limited ( (AU:FRS) ) has provided an update.
Forrestania Resources Limited has applied to the ASX for quotation of 107,223,944 new fully paid ordinary shares under the code FRS, with the securities issued on 16 January 2026. The large share issuance, lodged as a new announcement, indicates a significant change to the company’s capital structure that could influence liquidity and ownership dynamics once the securities commence trading.
The most recent analyst rating on (AU:FRS) stock is a Hold with a A$0.46 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: 1,550,745
Technical Sentiment Signal: Buy
Current Market Cap: A$269.1M
For a thorough assessment of FRS stock, go to TipRanks’ Stock Analysis page.