Forrestania Resources Limited

Forrestania Resources Limitedverified

FRS.AX

Price:

$0.26

Market Cap:

$119.65M

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.

Industry

Other Precious Metals

IPO Date

2021-09-30

Stock Exchange

ASX

Ticker

FRS.AX

The Current Ratio as of December 2025 (TTM) for Forrestania Resources Limited (FRS.AX) is 2.39

According to Forrestania Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.39. This represents a change of -41.64% compared to the average of 4.10 of the last 4 quarters.

Forrestania Resources Limited (FRS.AX) Historical Current Ratio (quarterly & annually)

How has FRS.AX Current Ratio performed in the past?

The mean historical Current Ratio of Forrestania Resources Limited over the last ten years is 3.55. The current 2.39 Current Ratio has changed 6.64% with respect to the historical average. Over the past ten years (40 quarters), FRS.AX's Current Ratio was at its highest in in the December 2021 quarter at 21.49. The Current Ratio was at its lowest in in the June 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

3.55

Median

2.89

Minimum

0.22

Maximum

8.81

Forrestania Resources Limited (FRS.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Forrestania Resources Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.92%

Maximum Annual Current Ratio = 8.81

Minimum Annual Increase = -67.20%

Minimum Annual Current Ratio = 0.22

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.39-30.48%
20243.4419.23%
20232.89-67.20%
20228.813.92%

Forrestania Resources Limited (FRS.AX) Average Current Ratio

How has FRS.AX Current Ratio performed in the past?

The current Current Ratio of Forrestania Resources Limited (FRS.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.91

5-year avg

3.55

10-year avg

3.55

Forrestania Resources Limited (FRS.AX) Current Ratio vs. Peers

How is FRS.AX’s Current Ratio compared to its peers?

Forrestania Resources Limited’s Current Ratio is greater than Carnaby Resources Limited (1.92), less than PTR Minerals Ltd (18.77), less than Nordic Resources Ltd (12.43), greater than G50 Corp Limited (1.08), less than Midas Minerals Limited (14.24), less than Southern Palladium Limited (14.27), less than Locksley Resources Limited (7.24), less than Maronan Metals Limited (4.74), greater than CZR Resources Ltd (1.73), greater than Terramin Australia Limited (0.01),

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