Forrestania Resources Limited (AU:FRS)
ASX:FRS
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$0.03 - AU$0.73
Previous CloseN/A
Volume180.44K
Average Volume (3M)1.46M
Market Cap
AU$562.61M
Enterprise ValueAU$209.54M
Total Cash (Recent Filing)AU$9.15M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.02
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,125,228,500
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
Low LeverageA no-debt capital structure materially reduces refinancing and interest-burden risks, giving management flexibility to fund exploration, drilling and permitting via equity, cash or JV structures. This durable balance-sheet strength supports operations through commodity cycles.
Tangible Equity CushionPositive equity and a modest asset base provide a tangible cushion that underpins downside protection and supports strategic optionality. These resources can be used to secure counterparties, fund near-term programs or facilitate farm-outs and JV negotiations over months.
Commodity ExposureConcentrated exposure to lithium and gold in Western Australia aligns the company with durable structural trends—EV-driven lithium demand and persistent gold interest—making discovered projects attractive for long-term offtake, partner funding or eventual development.
Bears Say
Pre-revenue OperationsHaving recorded zero revenue across multiple years means the company lacks operating cash generation and a proven commercial model. Long-term viability depends on successful discoveries, development or farm-outs; until then financing and execution risk remain elevated.
Consistent Cash BurnPersistent negative operating and free cash flow indicates ongoing cash burn to support exploration and investment. This creates durable financing pressure, increases dilution or debt risk, and constrains the pace of resource definition without new capital or partner support.
Weak Returns & Historical Equity StressSustained negative ROE and a history that includes negative equity reflect an inability to generate shareholder returns and past balance-sheet stress. This undermines investor confidence and can complicate capital raising or transactions on favorable terms.
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$0.03 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$562.61M.
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 1,125,228,500 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
2
3
4
5
6
7
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 80%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth AU$391.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
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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