Adam Turnbull Purchases 10,000,000 Shares of Forrestania Resources (ASX:FRS) Stock

Forrestania Resources Limited (ASX:FRS) insider Adam Turnbull bought 10,000,000 shares of the stock in a transaction on Wednesday, February 25th. The shares were bought at an average price of A$0.15 per share, for a total transaction of A$1,500,000.00.

Forrestania Resources Stock Performance

The firm has a market cap of $329.04 million, a price-to-earnings ratio of -264.94 and a beta of 1.01.

Forrestania Resources Company Profile

Forrestania Resources Limited engages in the exploration and development of mineral projects in Western Australia and Canada. It primarily explores for gold, lithium, and nickel deposits. The company was incorporated in 2021 and is based in West Perth, Australia.