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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$420.19M
Enterprise ValueAU$170.43M
Total Cash (Recent Filing)AU$9.15M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.57
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,024,855,800
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 debt-free balance sheet across 2022–2025 gives management durable financial flexibility to fund exploration or enter joint ventures without immediate solvency pressure. Low leverage reduces fixed obligations, lowering default risk and enabling strategic optionality during the multi‑year project development cycle.
Positive Equity BaseA tangible equity cushion and modest asset base in 2025 provide a capital buffer to absorb near-term losses and fund incremental project work. For an exploration company, positive equity supports credibility with partners and regulators and reduces the immediate insolvency risk while resources are advanced.
Improving Loss TrendA material reduction in net loss year-over-year signals improved cost control or lower cash burn, extending runway and reducing near-term financing needs. For a pre-revenue explorer this durable trend increases the likelihood management can reach value‑creating milestones before needing dilutive capital.
Bears Say
Pre-Revenue ProfileNo revenue from 2021–2025 means the company cannot self‑fund operations or demonstrate commercial viability, leaving progress dependent on external capital or asset sales. This structural absence of operating income elevates financing risk and the timeline uncertainty to achieve sustainable returns.
Persistent Cash BurnConsistent negative operating and free cash flow forces continual financing to support exploration and corporate costs. Over a multi‑month horizon, ongoing cash burn increases dilution risk, constrains ability to accelerate project work, and raises vulnerability if capital markets tighten or partner funding is delayed.
Negative Returns & Past Solvency WeaknessSustained negative ROE and a historical episode of negative equity indicate a track record of capital destruction and intermittent solvency pressure. This undermines investor confidence, raises the company’s cost of capital and could hamper forming long‑term JV partnerships needed for large‑scale resource advancement.
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$420.19M.
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 1,024,855,800 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$502.9K 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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