Forrestania Resources Limited
Forrestania Resources Limited (FRS.AX) Stock Overview
Explore Forrestania Resources Limited’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
34.2M
P/E Ratio
-611.42
EPS (TTM)
$-0.02
ROE
-0.00%
FRS.AX Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Forrestania Resources Limited (FRS.AX) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
The current technical analysis reveals key indicators including an RSI of 74.89, suggesting the stock is in an overbought condition. Our forecasting models predict significant price movements, with a 12-month target of $0.01.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of -611.42 and a market capitalization of 34.2M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Technical Indicators
Company Profile
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.
John Andrew Hannaford BCom (UWA), F.Fin.
38 Colin Street, West Perth, WA
2021