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$0.03 - AU$0.73
Previous CloseN/A
Volume180.44K
Average Volume (3M)1.46M
Market Cap
AU$525.14M
Enterprise ValueAU$223.35M
Total Cash (Recent Filing)AU$9.15M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.44
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,128,482,000
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 And Positive EquityNo reported debt and ~A$7.0M equity in 2025 give the company balance-sheet flexibility to fund exploration, absorb setbacks, and pursue joint ventures or staged drilling without immediate refinancing. That structural flexibility supports longer runway for value-creating milestones.
Material Improvement In 2025 Loss TrendA marked reduction in annual net loss signals better cost control or lower one-off items, reducing cash burn and extending the time available to achieve exploration milestones or secure partners. If sustained, this materially lowers financing frequency over the medium term.
Strategic Focus On Lithium And Gold In WAConcentrating on lithium and gold in Western Australia aligns the company with enduring structural demand for battery metals and established gold markets, and benefits from a favorable mining jurisdiction, improving chances of partner interest, offtake agreements, and long-term project economics.
Bears Say
Pre-revenue Business ModelHaving no revenue across multiple years means the business relies entirely on capital markets or partners to fund operations. Without a demonstrable, scalable revenue stream, long-term viability depends on exploration success or external financing, increasing execution risk for investors.
Consistent Negative Operating And Free Cash FlowPersistent negative operating and free cash flow forces ongoing external financing or asset sales to fund exploration and working capital. This structural cash burn raises dilution risk, creates dependency on capital markets, and limits ability to self-fund development even if resources are defined.
Negative Returns And Prior Weak Equity PositionConsistently negative ROE and past negative equity reflect an inability to generate returns from capital, implying that new capital may be needed and could be dilutive. Historical balance-sheet weakness heightens investor scrutiny and reduces tolerance for future setbacks in exploration.
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$525.14M.
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 1,128,482,000 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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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 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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