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Forrestania Resources Limited ( (AU:FRS) ) has provided an update.
Forrestania Resources Limited announced a board change with the resignation of Director David Izzard and the appointment of Daniel Raihani as a Non-Executive Director. Raihani’s substantial investment in the company underscores his confidence in its gold exploration strategy amid favorable market conditions. The transition is viewed positively, positioning the company for future growth in the gold sector.
More about Forrestania Resources Limited
Forrestania Resources Limited is an Australian resources company focused on exploring gold, copper, and lithium in the Eastern Goldfields, Forrestania, and Southern Cross regions of Western Australia. The company holds a substantial number of exploration licenses and applications in these mineral-rich areas, with significant prospects for gold and lithium near notable deposits and mines.
YTD Price Performance: 85.71%
Average Trading Volume: 1,623,165
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$6.34M
Learn more about FRS stock on TipRanks’ Stock Analysis page.
