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Forrestania Resources Limited ( (AU:FRS) ) has shared an update.
Forrestania Resources Limited has applied to the ASX for quotation of 1,767,778 new ordinary fully paid shares, with an issue date of April 1, 2026. The additional securities, issued under previously announced transactions, will modestly expand the company’s share base and may provide further capital flexibility as it progresses its resource exploration and development activities.
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
Forrestania Resources Limited is an Australian-listed resources company focused on mineral exploration and development. Its operations are centred on identifying and advancing resource projects, with its ordinary fully paid shares traded on the ASX under the code FRS.
Average Trading Volume: 4,250,237
Technical Sentiment Signal: Buy
Current Market Cap: A$560.3M
Learn more about FRS stock on TipRanks’ Stock Analysis page.