Insider Buying: Forrestania Resources (ASX:FRS) Insider Purchases 30,000,000 Shares of Stock

Forrestania Resources Limited (ASX:FRS) insider David Geraghty purchased 30,000,000 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was acquired at an average price of A$0.09 per share, with a total value of A$2,610,000.00.

Forrestania Resources Price Performance

The firm has a market cap of $2.44 million, a PE ratio of -1.47 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.