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An update from Forrestania Resources Limited ( (AU:FRS) ) is now available.
Forrestania Resources Limited has applied to the ASX for quotation of 36 million new ordinary fully paid shares under its existing FRS ticker. The securities were issued on 27 March 2026, expanding the company’s quoted capital base and potentially increasing liquidity for shareholders, although the announcement provides limited detail on the specific transaction behind the new issuance.
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. Its ordinary fully paid shares trade on the ASX under the ticker FRS, giving investors exposure to the company’s portfolio of resource projects and associated growth prospects.
Average Trading Volume: 4,097,852
Technical Sentiment Signal: Buy
Current Market Cap: A$441.3M
See more data about FRS stock on TipRanks’ Stock Analysis page.