Forrestania Resources Limited (AU:FRS)
ASX:FRS
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FRS Stock Chart & Stats
AU$0.30
>-AU$0.01(-7.14%)
At close: 4:00 PM EST
AU$0.30
>-AU$0.01(-7.14%)
Day’s Range― - ―
52-Week RangeAU$0.04 - AU$0.73
Previous CloseN/A
Volume180.44K
Average Volume (3M)1.46M
Market Cap
AU$640.80M
Enterprise ValueAU$227.95M
Total Cash (Recent Filing)AU$9.15M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.45
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,256,465,300
10 Day Avg. Volume1,318,802
30 Day Avg. Volume1,455,797
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)2.57
Price to Sales (P/S)0.00
P/FCF Ratio-9.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.25Price Target Upside316.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
No Reported DebtHaving no reported debt across 2022–2025 provides durable financial flexibility for an exploration company. It reduces fixed obligations, lowers insolvency risk during drill campaigns, and makes equity or JV funding easier to negotiate without servicing pressure on cash flows.
Positive Equity And Asset BaseA positive equity position (~A$7.0M) and tangible asset base (~A$7.5M) in 2025 create a balance-sheet buffer that supports ongoing exploration spending. This asset backing helps facilitate partnerships, earn-ins or equipment financing and reduces near-term solvency risk.
Improving Loss TrajectoryA materially narrower net loss in 2025 versus 2024 signals improving cost control or more efficient program execution. For an early-stage explorer, sustained reduction in losses can lengthen runway, lower future financing needs and indicate progress toward a scalable exploration model.
Bears Say
Pre-revenue OperationsRemaining pre-revenue through 2021–2025 means the business has not yet demonstrated an ability to convert exploration results into operating revenue. This structural gap leaves long-term value dependent on discovery or successful farm-outs, increasing execution and financing risk.
Persistent Negative Cash FlowConsistent negative operating and free cash flow (including ~-0.58M OCF and ~-1.82M FCF in 2025) creates a structural financing dependency. Over months, continued cash burn forces recurrent equity raises or JV deals, diluting shareholders and exposing the company to capital-market cycles.
Negative Returns And Prior Equity WeaknessA roughly -20% ROE in 2025 and a prior episode of negative equity in 2021 show that invested capital has failed to generate returns. This reflects structural profitability challenges and highlights potential vulnerability to adverse results or funding constraints in a capital-intensive exploration cycle.
Forrestania Resources Limited News
FRS FAQ
What was Forrestania Resources Limited’s price range in the past 12 months?
Forrestania Resources Limited lowest share price was AU$0.04 and its highest was AU$0.72 in the past 12 months.
What is Forrestania Resources Limited’s market cap?
Forrestania Resources Limited’s market cap is AU$640.80M.
When is Forrestania Resources Limited’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Forrestania Resources Limited’s earnings last quarter?
Currently, no data Available
Is Forrestania Resources Limited overvalued?
According to Wall Street analysts Forrestania Resources Limited’s price is currently Undervalued.
Does Forrestania Resources Limited pay dividends?
Forrestania Resources Limited does not currently pay dividends.
What is Forrestania Resources Limited’s EPS estimate?
Forrestania Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Forrestania Resources Limited have?
Forrestania Resources Limited has 1,256,465,300 shares outstanding.
What happened to Forrestania Resources Limited’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Forrestania Resources Limited?
Currently, no hedge funds are holding shares in AU:FRS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Forrestania Resources Limited Stock Smart Score
Outperform
1
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.25 (316.67% Upside)
AU$1.25 (316.67% Upside)
Blogger Sentiment
Bullish
AU:FRS Sentiment 87%
Sector Average 75%
Sector Average 75%
Insider Transactions
Bought Shares
Worth AU$350.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1757.14%
12-Months-Change
Fundamentals
Return on Equity
-31.56%
Trailing 12-Months
Asset Growth
1502.14%
Trailing 12-Months
Company Description
Forrestania Resources Limited
Forrestania Resources Limited engages in the exploration and development of mineral projects in Western Australia. The company primarily explores for gold, lithium, and nickel deposits. It holds interests in the Forrestania project covering an area of 623 km²; the Southern Cross gold project comprising five tenements, one exploration license, three exploration license applications, two prospecting licenses, and one mining license covering an area of 144.28 km²; and the Leonora project, including one exploration license and five exploration license applications that covers an area of 853.5km² in Western Australia. The company was incorporated in 2021 and is based in West Perth, Australia.
FRS Stock 12 Month Forecast
Average Price Target
AU$1.25
▲(316.67% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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