Foremost Lithium Resource & Technology Ltd (FMST)
NASDAQ:FMST
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$0.60 - $5.74
Previous CloseN/A
Volume4.40K
Average Volume (3M)629.91K
Market Cap
$26.49M
Enterprise Value$32.54M
Total Cash (Recent Filing)$4.08M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.75
Next Earnings
Jul 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
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 Cap1.23
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda-9.48
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
Low LeverageMinimal debt provides durable financial flexibility for an exploration company: it keeps interest burden low, preserves borrowing capacity for project drilling or JV commitments, and reduces near-term insolvency risk while management advances resource definition.
Material Equity GrowthA materially larger equity base strengthens the company’s capital cushion and balance-sheet credibility. Over months this helps fund exploration programs, supports asset investment, and improves the company’s ability to negotiate farm-ins or financing without immediate insolvency pressure.
Focused Spodumene ExplorationA clear, concentrated business model—spodumene lithium projects in a single jurisdiction—supports repeatable technical workflows, targeted permitting and community engagement, and makes the company an easier partner for JV or offtake discussions over the medium term.
Bears Say
No Reported RevenueAbsence of operating revenue means the company cannot self-fund exploration or development. Over the coming months this imposes reliance on external capital, slows project timelines if financing gaps emerge, and leaves operational progress tied to funding availability.
Persistent Cash BurnSustained negative OCF and FCF deplete liquidity and require repeated capital raises. This ongoing cash burn increases dilution risk, constrains continuous exploration activity, and can delay resource advancement absent committed financing over the next several quarters.
Negative Profitability And ReturnsConsistent operating losses and negative ROE indicate capital is not yet producing economic returns. Over a multi-month horizon this can weaken investor appetite, complicate larger financings, and pressure management to secure non-dilutive partners or scale back spending.
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 $0.60 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 $26.49M.
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 119 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 -$0.097 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.097.
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 -$0.097 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
1
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3
4
5
6
7
8
9
10
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
21.08% Insiders
0.03% Mutual Funds
0.01% Other Institutional Investors
78.88% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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