Forrestania Resources Limited (AU:FRS)
ASX:FRS
Want to see AU:FRS full AI Analyst Report?
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$0.06 - AU$0.73
Previous CloseN/A
Volume180.44K
Average Volume (3M)1.46M
Market Cap
AU$753.16M
Enterprise ValueAU$255.56M
Total Cash (Recent Filing)AU$9.15M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.39
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,310,390,900
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
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 durable financial flexibility for an exploration company. Without interest burdens the firm can allocate capital to drilling or JV activity, reducing insolvency risk and improving negotiating leverage with partners over the next 2–6 months.
Positive Equity And Tangible AssetsReported positive equity and an asset base (~7.0M equity; ~7.5M assets in 2025) give a financial buffer to support ongoing exploration. This tangible capital base helps fund programs or attract farm-in partners, underpinning operational continuity and strategic optionality in the medium term.
Strategic Commodity ExposureConcentrated exposure to lithium and gold in Western Australia aligns with long-term structural demand (lithium for batteries; gold as a store of value). This commodity mix increases the prospect of partner interest or offtake opportunities and supports asset value persistence beyond short-term cycles.
Bears Say
Pre-revenue Business ModelZero revenue through 2021–2025 means the firm remains dependent on successful exploration outcomes or asset sale/JV to reach commerciality. This structural absence of operating income prolongs reliance on external capital and amplifies execution risk for sustainable operations over the coming months.
Persistent Negative Operating And Free Cash FlowConsistent negative operating and free cash flow creates a recurring financing need. Ongoing cash burn (operating -0.58M; FCF -1.82M in 2025) forces reliance on equity raises or external funding, which can dilute shareholders or constrain project timelines, a lasting headwind to execution.
Negative Returns And Historical Equity WeaknessConsistently negative ROE and a past period of negative equity indicate historical inability to convert investments into profitable returns. This structural performance shortfall raises durability concerns about management execution and the company's capacity to generate shareholder value over the medium term.
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$0.06 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$753.16M.
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 Overvalued.
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 1,310,390,900 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
Blogger Sentiment
Bullish
AU:FRS Sentiment 91%
Sector Average ―
Sector Average ―
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.
Technical Analysis
Hammer Metals Limited
―
Lode Resources Ltd
―
Great Southern Mining Limited
―
Ballymore Resources Limited
―
Firetail Resources Limited
―
Options Prices
Currently, No data available
---