Foremost Lithium Resource & Technology Ltd (TSE:FAT)
:FAT
Top Page
Foremost Lithium Resource & Technology Ltd
(FAT)
Select Model
Select Model
Rating:45Neutral
Price Target:
C$2.50
▼(-20.89% Downside)
Action:ReiteratedDate:02/18/26
The score is primarily held back by weak financial performance (no revenue, widening losses, and ongoing cash burn despite a low-debt balance sheet). Technicals are mixed with modest near-term strength but a longer-term downtrend, while valuation signals are constrained by a negative P/E and no dividend yield data.
Positive Factors
Low Leverage / Balance Sheet Health
Minimal debt provides structural financial flexibility for an exploration company. Low leverage reduces insolvency risk, improves ability to negotiate joint ventures or option deals, and preserves optionality to fund project advancement without immediate revenue reliance.
Negative Factors
No Reported Revenue / Exploration Stage
Lack of operating revenue means the business cannot self‑fund exploration or development. Over a multi‑month horizon this compels reliance on external capital or asset sales, increasing execution risk and creating uncertainty around the timing and viability of project advancement.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Balance Sheet Health
Minimal debt provides structural financial flexibility for an exploration company. Low leverage reduces insolvency risk, improves ability to negotiate joint ventures or option deals, and preserves optionality to fund project advancement without immediate revenue reliance.
Read all positive factors
Foremost Lithium Resource & Technology Ltd (FAT) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$36.48M
Dividend YieldN/A
Average Volume (3M)34.41K
Price to Earnings (P/E)―
Beta (1Y)3.11
Revenue GrowthN/A
EPS Growth61.75%
CountryCA
Employees3
SectorBasic Materials
Sector Strength58
IndustryChemicals
Share Statistics
EPS (TTM)-0.13
Shares Outstanding14,590,380
10 Day Avg. Volume58,639
30 Day Avg. Volume34,405
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
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
Foremost Lithium Resource & Technology Ltd Business Overview & Revenue Model
Company Description
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 Nor...
How the Company Makes Money
The company’s specific revenue model and key revenue streams are null. As an exploration-stage company, it typically does not generate recurring operating revenue from lithium sales unless it has an active producing asset or disclosed commercial s...
Foremost Lithium Resource & Technology Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2024 | Jun 2023 | Mar 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | ― | 0.00 | 0.00 | -3.77K |
| EBITDA | -3.43M | -3.52M | 4.25M | -549.00K | -1.48M | -2.27M |
| Net Income | -3.39M | -3.62M | 956.58K | -4.15M | -2.61M | -2.27M |
Balance Sheet | ||||||
| Total Assets | 35.94M | 27.74M | 13.30M | 7.92M | 6.69M | 5.94M |
| Cash, Cash Equivalents and Short-Term Investments | 4.08M | 5.01M | 606.12K | 292.28K | 441.63K | 46.17K |
| Total Debt | 0.00 | 521.37K | 1.29M | 143.84K | 197.72K | 183.70K |
| Total Liabilities | 1.48M | 3.25M | 2.91M | 1.18M | 943.51K | 867.31K |
| Stockholders Equity | 34.46M | 24.49M | 10.39M | 6.74M | 5.75M | 5.07M |
Cash Flow | ||||||
| Free Cash Flow | -6.19M | -4.03M | -2.77M | -1.62M | -965.77K | -539.57K |
| Operating Cash Flow | -5.96M | -3.78M | -2.48M | -1.40M | -802.92K | -414.57K |
| Investing Cash Flow | -8.88M | -2.67M | -797.82K | -891.41K | -313.96K | -340.84K |
| Financing Cash Flow | 12.54M | 10.46M | 3.61M | 2.14M | 1.51M | 620.66K |
Foremost Lithium Resource & Technology Ltd Technical Analysis
Negative
3.16
Price Trends
2.99
Negative
3.34
Negative
3.86
Negative
Market Momentum
-0.13
Positive
38.82
Neutral
11.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FAT, the sentiment is Negative. The current price of 3.16 is above the 20-day moving average (MA) of 2.91, above the 50-day MA of 2.99, and below the 200-day MA of 3.86, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 38.82 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FAT.
Foremost Lithium Resource & Technology Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | C$10.69M | -3.64 | -52.71% | ― | -96.10% | -3.58% | |
45 Neutral | C$36.48M | -5.65 | -11.13% | ― | ― | 61.75% | |
43 Neutral | C$321.13M | -29.68 | -10.65% | ― | -11.90% | -0.32% | |
43 Neutral | C$33.78M | -2.68 | 247.72% | ― | -65.20% | 12.85% |
* Basic Materials Sector Average
TSE:FAT
Foremost Lithium Resource & Technology Ltd
2.50
1.32
111.86%
TSE:GRA
NanoXplore Inc
1.77
-0.61
-25.63%
TSE:HELI
First Helium Inc.
0.05
0.02
66.67%
TSE:CH
Charbone Hydrogen Corporation
0.14
0.09
170.00%
TSE:SWAN
Black Swan Graphene Inc
1.21
0.40
49.38%
TSE:FNDX
FendX Technologies, Inc.
0.35
-0.71
-67.14%
Foremost Lithium Resource & Technology Ltd Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Foremost Clean Energy Raises C$5.5 Million in Flow‑Through Bought Deal to Advance Uranium and Lithium Projects
Positive
Mar 17, 2026
Foremost Clean Energy Ltd., a North American uranium and lithium explorer listed on Nasdaq and the CSE, is positioned to supply carbon‑free energy inputs as power demand grows from AI, data centers, and electrification. The company holds opt...
Business Operations and Strategy
Foremost Clean Energy Plans Investor Webinar to Showcase Uranium Exploration Strategy
Positive
Mar 5, 2026
Foremost Clean Energy Ltd. will host a live investor webinar on March 18, 2026, where President and CEO Jason Barnard will outline the company’s uranium exploration portfolio in Saskatchewan’s Athabasca Basin and its strategy to advanc...
Business Operations and Strategy
Foremost Clean Energy Starts 5,000-Metre Winter Drill Program at Hatchet Lake Uranium Project
Positive
Mar 2, 2026
Foremost Clean Energy has launched a roughly 5,000-metre winter diamond drill program at its Hatchet Lake Uranium Project in the eastern Athabasca Basin, targeting the Tuning Fork area where it made a uranium discovery in 2025. The program aims to...
Business Operations and Strategy
Foremost Clean Energy Strikes Exploration Pact With Kiciwapa Cree Nation in Manitoba
Positive
Feb 27, 2026
Foremost Clean Energy has signed an exploration agreement with Kiciwapa Cree Nation in Manitoba, establishing a formal framework for mineral exploration within the Nation’s Traditional and Ancestral Territory. The accord is built around tran...
Business Operations and Strategy
Foremost Clean Energy Extends Gold Mineralization with Jean Lake Core Resampling
Positive
Feb 26, 2026
Foremost Clean Energy reported new assay results from a targeted historic core resampling program at its Jean Lake Gold-Lithium Property in Manitoba, following its 2025 diamond drill campaign. The work focused on previously unsampled intervals fro...
Business Operations and Strategy
Foremost Clean Energy Expands Gold Mineralization Model at Jean Lake Through Historic Core Resampling
Positive
Feb 26, 2026
Foremost Clean Energy reported new assay results from a targeted resampling of historic core at its Jean Lake property, which focused on unsampled intervals from 2023 drill holes along the Valkyrie and Midas gold trends. The work yielded intervals...
Business Operations and Strategy
Foremost Clean Energy Extends High-Grade Gold Corridor at Jean Lake
Positive
Feb 25, 2026
Foremost Clean Energy reported final assay results from its 2025 diamond drill program at the 100%-owned Jean Lake Gold-Lithium Property in Manitoba, confirming high-grade, near-surface gold intercepts along the Valkyrie Gold Trend. Key holes retu...
Business Operations and Strategy
Foremost Clean Energy Launches 5,000-Metre Drill Program at Hatchet Lake Uranium Project
Positive
Feb 9, 2026
Foremost Clean Energy Ltd. plans a 5,000-metre diamond drill program at its Hatchet Lake Uranium Project in northern Saskatchewan, set to begin in mid-February. The campaign follows a 2025 winter program that yielded a new uranium discovery at the...
Business Operations and Strategy
Foremost Clean Energy Taps RedChip to Bolster Investor Outreach Ahead of Uranium Drilling Push
Positive
Jan 15, 2026
Foremost Clean Energy has hired RedChip Companies to lead its investor relations and strategic communications as it enters an intensive exploration phase in Canada’s Athabasca Basin, with multiple uranium drill programs planned this year and...
Business Operations and Strategy
Foremost Clean Energy Hits High-Grade Lithium at Jean Lake and Readies Uranium Drilling Amid Tight Markets
Positive
Jan 14, 2026
Foremost Clean Energy reported encouraging lithium assay results from its 2025 drill program at the wholly owned Jean Lake Gold–Lithium Project near Snow Lake, Manitoba, with hole JL25-005B intersecting multiple spodumene-bearing intervals g...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.