No ASX ETF holds Forrestania (FRS) as of 15 Oct 2026. Over the last year it rose 16.7%: on $10,000, +$1667. We explain 9 big moves in that time.
About FRS
- SectorMaterials
- IndustryMaterials
- Size$802.9m
- Held by0 ETFs
- Big moves9 in 1Y
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +18.3%peak +19.7%4 Sep 2026· Operational
FRS shares surged after the company announced the completion of its acquisition of the Edna May Gold Project, a major milestone that had already been endorsed by shareholders at a general meeting.
- +6.3%peak +8.8%24 Aug 2026· Takeover / M&A
Zenith Minerals extended its takeover offer for FRS for a fifth time, signalling continued pursuit and lifting buyer confidence in the deal completing.
- +6.9%peak +9.7%6 Aug 2026· Operational
Forrestania Resources shares rose after the company released an upgraded mineral resource estimate of 126,290 ounces of gold at its British Hill project, boosting investor confidence in the asset's scale.
- +8.2%1 Jul 2026· Takeover / M&A
Forrestania Resources announced a $300 million acquisition of Ramelius Resources' Edna May Gold Hub, funded by a $310 million capital raise.
- +14.2%15 May 2026· Sector Flow
Forrestania Resources' share price rose sharply on the back of positive coverage highlighting its continued annual rally and the emergence of a junior iron ore opportunity.
- −11.5%23 Mar 2026· Unknown
Insufficient evidence to determine the cause of the price drop.
- −15.5%19 Mar 2026· Unknown
No news or catalyst found to explain the sharp price decline.
- +7.8%27 Feb 2026· Takeover / M&A
Forrestania Resources completed a strategic acquisition from Flynn Gold Ltd, likely boosting investor sentiment and driving the stock up.
- −9.7%20 Feb 2026· Operational
Stock fell nearly 10% on February 19, 2026, likely due to market skepticism or risk associated with the company's announced nickel-to-gold conversion of its Lake Johnston processing facility.
Held by 0 ETFs
No ETF we track holds FRS directly.
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Why did FRS rise 8.2% on 1 Jul 2026?
Forrestania
Forrestania Resources announced a $300 million acquisition of Ramelius Resources' Edna May Gold Hub, funded by a $310 million capital raise.
Multiple news articles from June 29-30, 2026, report Forrestania's $300M acquisition of Ramelius' Edna May Gold Hub, which is the primary driver of the stock movement. The stock rose 8.24% on July 1, following the announcement of the deal and the $310M funding raise. While the raise is dilutive, the acquisition news dominates as the catalyst, with the stock jumping on 'deal buzz' after being previously 'beaten-down'.
Written by a language model from the evidence below, and it can be wrong. Tell us and we will fix or remove it. General information only, not financial product advice. It does not consider your objectives, finances or needs. Past performance is not a guide to future performance.
Evidence
News coverage