Forrestania Resources (ASX:FRS) Insider Purchases A$2,610,000.00 in Stock

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

Forrestania Resources Price Performance

The company has a market capitalization of $2.44 million, a price-to-earnings ratio of -1.47 and a beta of 1.01.

About Forrestania Resources

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.