FMST Stock Chart & Stats
$1.19
-$0.09(-5.45%)
At close: 4:00 PM EDT
$1.19
-$0.09(-5.45%)
Day’s Range― - ―
52-Week Range$0.73 - $4.57
Previous CloseN/A
Volume159.28K
Average Volume (3M)80.44K
Market Cap
$13.64M
Enterprise Value$30.79
Total Cash (Recent Filing)$3.55M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.91
Next Earnings
Nov 30, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.59
Shares Outstanding17,352,142
10 Day Avg. Volume74,613
30 Day Avg. Volume80,438
Financial Highlights & Ratios
PEG Ratio-0.45
Price to Book (P/B)0.92
Price to Sales (P/S)0.00
P/FCF Ratio-4.28
Enterprise Value/Market Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda>-0.01
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
Focused Manitoba Lithium Exploration PlatformFAT is concentrated on a defined Manitoba land position and a specific hard-rock lithium exploration process. This focus can support disciplined technical work and project advancement, while a clear regional and geological mandate preserves optionality if targets develop into viable assets over the medium term.
Minimal Debt And Expanding Equity BaseMinimal debt reduces fixed financial obligations and balance-sheet strain while the reported growth in equity has supported a larger asset base. That structure gives the company more flexibility than a highly leveraged explorer as it funds technical work and seeks to advance projects.
Multiple Potential Project Monetization PathsFAT's stated development pathway can create several potential monetization outcomes—project sale, royalty or streaming arrangement, joint venture, or eventual mine development. These alternatives provide strategic flexibility if exploration establishes an economic resource, although they remain future possibilities.
Bears Say
No Established Commercial Revenue BaseFAT has not established a commercial revenue base: the pack reports no revenue across annual periods and TTM. Without product sales, the company cannot currently rely on operating income to fund exploration, leaving progress dependent on converting projects into future economic assets.
Widening And Volatile LossesLosses have widened, with TTM EBIT around -$8.8M and net loss around -$8.3M, following smaller prior losses and a one-off profitable year. This volatility shows profitability is unproven and makes near-term earnings power difficult to sustain or use for reinvestment.
Persistent Cash Burn And Funding RiskOperating and free cash flow remain negative across annual periods and TTM, with TTM outflows of about $7.7M and $7.8M and evidence of accelerating burn. Continued cash consumption raises funding and potential dilution risk if external capital becomes less available.
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 $0.72 and its highest was $4.57 in the past 12 months.
What is Foremost Lithium Resource & Technology Ltd’s market cap?
Foremost Lithium Resource & Technology Ltd’s market cap is $13.64M.
When is Foremost Lithium Resource & Technology Ltd’s upcoming earnings report date?
Foremost Lithium Resource & Technology Ltd’s upcoming earnings report date is Nov 30, 2026 which is in 72 days.
How were Foremost Lithium Resource & Technology Ltd’s earnings last quarter?
Foremost Lithium Resource & Technology Ltd released its earnings results on Jun 30, 2026. The company reported -$0.045 earnings per share for the quarter.
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 17,352,142 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 -$0.045 in its last earnings report. Following the earnings report the stock price went up 2.273%.
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
Company Description
Foremost Lithium Resource & Technology Ltd
Foremost Clean Energy Ltd. is dedicated to the exploration of uranium and lithium. Its uranium ventures include the Eastern Athabasca and Blue Sky projects. The company also holds a secondary collection of lithium prospects, encompassing Zoro, Jean Lake, Peg North, Grass River, and Jol. Operating primarily within Canada and the United States, the firm was established on July 7, 2005, and maintains its headquarters in Vancouver, Canada.
Technical Analysis
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Ownership Overview
23.93% Insiders
0.02% Mutual Funds
<0.01% Other Institutional Investors
76.04% Public Companies and
Individual Investors