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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$0.15 - AU$0.73
Previous CloseN/A
Volume180.44K
Average Volume (3M)1.46M
Market Cap
AU$524.49M
Enterprise ValueAU$221.05M
Total Cash (Recent Filing)AU$9.15M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.69
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,589,367,200
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 Leverage / No Reported DebtA debt-free balance sheet across 2022–2025 provides structural financial flexibility for an exploration company. It reduces fixed financing costs and insolvency risk, allowing the firm to manage drilling and tenure costs via equity, farm-outs or staged JV deals without interest burdens.
Positive Equity And Asset BaseHaving positive equity and a tangible asset base in 2025 gives the company a durable buffer to fund tenure holding and exploration work. That asset cushion supports negotiating power in farm-outs or joint ventures and reduces short-term liquidation risk while value is created through drilling success.
Material Reduction In Net LossA pronounced reduction in operating losses year-over-year signals improved cost control or lower exploration spend intensity, extending runway. If sustained, smaller recurring losses make the business less dependent on urgent fundraising and improve the odds of converting exploration value into monetizable assets.
Bears Say
Pre-revenue ProfileZero reported revenue across multiple years is a structural limitation: it means the company has not validated a commercial cash flow path and must rely on capital markets or deal-making to fund ongoing exploration. This heightens execution and financing risk until monetisation occurs.
Persistent Negative Cash FlowConsistent negative operating and free cash flow creates a durable financing need; exploration spend and capex are being funded externally. Over the medium term this implies recurring dilution risk or dependency on partnering arrangements, constraining independent project development.
Negative Returns On EquitySustained negative ROE reflects that invested capital is not yet generating value for shareholders. For an exploration firm, persistent negative returns indicate either high exploration failure risk or that successful monetisation remains distant, limiting long-term return prospects absent a material resource discovery.
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$0.14 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$524.49M.
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 1,589,367,200 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
Neutral
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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 86%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth AU$3.6M 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
―
Trailing 12-Months
Asset Growth
1502.14%
Trailing 12-Months
Company Description
Forrestania Resources Limited
Based in West Perth, Australia, and established in 2021, Forrestania Resources Limited is actively involved in the exploration and development of mineral projects throughout Western Australia. The company primarily targets gold, lithium, and nickel deposits. Its substantial portfolio of assets includes the Forrestania project, covering an area of 623 square kilometers; the Southern Cross gold project, which spans 144.28 square kilometers and comprises five tenements, an exploration license, three exploration license applications, two prospecting licenses, and a mining license; and the Leonora project, encompassing 853.5 square kilometers through one exploration license and five exploration license applications, all located within Western Australia.
FRS Stock 12 Month Forecast
Average Price Target
AU$1.25
▲(316.67% Upside)
Technical Analysis
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