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The latest announcement is out from Forrestania Resources Limited ( (AU:FRS) ).
Forrestania Resources Limited has applied for quotation of 578,476 new ordinary fully paid shares on the ASX, with an issue date of March 27, 2026. The additional securities, issued following the exercise or conversion of existing instruments, will modestly increase the company’s free float and share capital base, marginally enhancing liquidity for shareholders without materially altering its overall market structure.
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 Australian-listed resources company focused on mineral exploration and development. The company’s ordinary fully paid shares trade on the ASX under the ticker FRS, providing investors exposure to its exploration and resource-focused activities.
Average Trading Volume: 4,097,852
Technical Sentiment Signal: Buy
Current Market Cap: A$441.3M
Find detailed analytics on FRS stock on TipRanks’ Stock Analysis page.