Foremost Lithium Resource & Technology Ltd (FMST)
NASDAQ:FMST
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FMST Stock Chart & Stats
$2.19
-$0.01(-1.06%)
At close: 4:00 PM EST
$2.19
-$0.01(-1.06%)
Day’s Range― - ―
52-Week Range$0.96 - $5.74
Previous CloseN/A
Volume4.40K
Average Volume (3M)629.91K
Market Cap
$24.41M
Enterprise Value$29.33M
Total Cash (Recent Filing)$4.08M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.59
Next Earnings
Jul 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)7.20
Shares Outstanding14,590,380
10 Day Avg. Volume999,372
30 Day Avg. Volume629,912
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.27
Price to Sales (P/S)0.00
P/FCF Ratio-4.18
Enterprise Value/Market Cap1.20
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda-8.55
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthLow leverage and a materially larger equity base provide durable financial flexibility for multi-stage exploration. A stronger balance sheet supports funding of drilling and permitting cycles, allows negotiation of JVs or option deals from a position of strength, and reduces immediate refinancing risk.
Focused Lithium Asset StrategyConcentrated focus on hard‑rock (spodumene) lithium in a stable Canadian jurisdiction aligns with long-term structural demand for battery‑grade lithium. A clear technical and geographic focus aids permitting, targeted exploration programs, and partnership interest from upstream battery and mining developers.
Multiple Monetization PathwaysA development‑stage model that supports asset sales, JVs, royalties, or project advancement provides strategic optionality. This reduces binary execution risk: management can pursue partner‑funded development or staged monetization events rather than relying solely on self‑funded mine build.
Bears Say
No Revenue; Sustained Cash BurnThe company lacks operating revenues and generates consistently negative operating and free cash flow. Over the medium term this necessitates external funding rounds to sustain exploration, increasing execution risk if capital markets tighten and limiting self‑funding ability for development milestones.
Weak And Deteriorating ProfitabilityOperating losses and deteriorating EBIT reflect rising expense intensity and no operating leverage. Persistent negative returns mean deployed capital is not yet creating value, which can prolong the timeline to commercial viability and make it harder to attract non‑dilutive strategic partners.
Dependence On Capital MarketsNegative and worsening free cash flow forces reliance on equity or third‑party funding to continue exploration. This dependence increases dilution and execution risk, and ties project timelines to financing windows rather than project milestones, a structural vulnerability for early‑stage miners.
Foremost Lithium Resource & Technology Ltd News
FMST FAQ
What was Foremost Lithium Resource & Technology Ltd’s price range in the past 12 months?
Foremost Lithium Resource & Technology Ltd lowest stock price was $0.96 and its highest was $5.74 in the past 12 months.
What is Foremost Lithium Resource & Technology Ltd’s market cap?
Foremost Lithium Resource & Technology Ltd’s market cap is $24.41M.
When is Foremost Lithium Resource & Technology Ltd’s upcoming earnings report date?
Foremost Lithium Resource & Technology Ltd’s upcoming earnings report date is Jul 23, 2026 which is in 73 days.
How were Foremost Lithium Resource & Technology Ltd’s earnings last quarter?
Foremost Lithium Resource & Technology Ltd released its earnings results on Feb 26, 2026. The company reported -$0.098 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.098.
Is Foremost Lithium Resource & Technology Ltd overvalued?
According to Wall Street analysts Foremost Lithium Resource & Technology Ltd’s price is currently Overvalued.
Does Foremost Lithium Resource & Technology Ltd pay dividends?
Foremost Lithium Resource & Technology Ltd does not currently pay dividends.
What is Foremost Lithium Resource & Technology Ltd’s EPS estimate?
Foremost Lithium Resource & Technology Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Foremost Lithium Resource & Technology Ltd have?
Foremost Lithium Resource & Technology Ltd has 14,590,380 shares outstanding.
What happened to Foremost Lithium Resource & Technology Ltd’s price movement after its last earnings report?
Foremost Lithium Resource & Technology Ltd reported an EPS of -$0.098 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -2.575%.
Which hedge fund is a major shareholder of Foremost Lithium Resource & Technology Ltd?
Currently, no hedge funds are holding shares in FMST
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Foremost Lithium Resource & Technology Ltd Stock Smart Score
Neutral
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Insider Transactions
Bought Shares
Worth $157.5K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.65%
12-Months-Change
Fundamentals
Return on Equity
-11.13%
Trailing 12-Months
Asset Growth
21.25%
Trailing 12-Months
Company Description
Foremost Lithium Resource & Technology Ltd
Foremost Clean Energy Ltd. engages in uranium and lithium exploration. Its uranium properties include the Eastern Athabasca and Blue Sky projects. The firm also maintains a secondary portfolio of lithium projects including Zoro, Jean Lake, Peg North, Grass River, and Jol. It operates through the Canada and United States geographical segments. The company was founded on July 7, 2005 and is headquartered in Vancouver, Canada.
Technical Analysis
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Ownership Overview
21.82% Insiders
0.03% Mutual Funds
0.01% Other Institutional Investors
78.14% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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