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Foremost Lithium Resource & Technology Ltd (FAT) AI Stock Analysis
Foremost Lithium Resource & Technology Ltd
(CNQX:FAT)
The score is primarily constrained by the absence of revenue, recurring losses, and heavy cash burn. A debt-free balance sheet provides some resilience, but weak technical trends and negative earnings-based valuation metrics keep the overall profile firmly below average.
Foremost Lithium Resource & Technology Ltd (FAT) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 15.10M
- Dividend Yield
- ―
- Average Volume (3M)
- 12.48K
- Price to Earnings (P/E)
- -1.5
- Beta (1Y)
- 3.42
- Revenue Growth
- ―
- EPS Growth
- -51.53%
- Country
- Canada
- Employees
- 3
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Foremost Lithium Resource & Technology Ltd Business Overview & Revenue Model
Company Description
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 L...
How the Company Makes Money
FAT does not have publicly available, consistent disclosure of recurring operating revenue from product sales (e.g., lithium concentrate) in the typical sense for a producing mining company; therefore, details of ongoing commercial revenue streams ar...
Foremost Lithium Resource & Technology Ltd Financial Statement Overview
Summary
The company has no revenue, persistent and worsening losses, and substantial negative operating and free cash flow. A debt-free balance sheet with approximately $35M of equity and $37.5M of assets provides financial stability, but does not offset the weak profitability and cash burn.
Income Statement
8Very NegativeBalance Sheet
62PositiveCash Flow
18Very Negative| Breakdown | TTM | Jun 2026 | Mar 2025 | Mar 2024 | Jun 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | ― | 0 |
| EBITDA | -5.91M | -6.73M | -3.52M | -1.05M | 4.36M | -548.95K |
| Net Income | -6.90M | -6.90M | -3.62M | -4.47M | 956.58K | -4.15M |
Balance Sheet | ||||||
| Total Assets | 39.34M | 39.34M | 27.74M | 16.60M | 13.30M | 7.92M |
| Cash, Cash Equivalents and Short-Term Investments | 6.34M | 6.34M | 5.01M | 998.26K | 606.12K | 292.28K |
| Total Debt | 0 | 0 | 521.37K | 1.14M | 1.29M | 143.84K |
| Total Liabilities | 3.84M | 3.84M | 3.25M | 3.39M | 2.91M | 1.18M |
| Stockholders Equity | 35.50M | 35.50M | 24.49M | 13.21M | 10.39M | 6.74M |
Cash Flow | ||||||
| Free Cash Flow | -7.84M | -7.61M | -4.03M | -3.99M | -2.77M | -1.62M |
| Operating Cash Flow | -7.61M | -7.61M | -3.78M | -3.79M | -2.48M | -1.40M |
| Investing Cash Flow | -8.76M | -8.76M | -2.67M | -2.34M | -797.82K | -891.41K |
| Financing Cash Flow | 17.71M | 17.71M | 10.46M | 6.56M | 3.61M | 2.14M |
Foremost Lithium Resource & Technology Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FAT, the sentiment is Neutral. The current price of 0.87 is above the 20-day moving average (MA) of 0.77, below the 50-day MA of 1.04, and below the 200-day MA of 2.12, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 50.27 is Neutral, neither overbought nor oversold. The STOCH value of 72.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:FAT.
Foremost Lithium Resource & Technology Ltd Peers Comparison
Overall Rating
TSE:GRA49Neutral
TSE:CH46Neutral- TSE:FAT42Neutral
TSE:HELI38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:GRA | 49Neutral | CAD 232.30M | -18.98 | -10.72% | ― | -9.03% | -18.20% |
| TSE:CH | 46Neutral | CAD 33.34M | -8.28 | -112.16% | ― | 439.89% | 42.91% |
| TSE:FAT | 42Neutral | CAD 14.06M | -1.47 | -24.18% | ― | ― | -51.53% |
| TSE:HELI | 38Underperform | CAD 7.96M | -1.22 | -54.43% | ― | -100.00% | 22.47% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:FAT | Foremost Lithium Resource & Technology Ltd | 0.87 | -3.09 | -78.03% | |
| TSE:GRA | Nanoxplore | 1.27 | -1.09 | -46.19% | |
| TSE:HELI | First Helium Inc. | 0.03 | 0.00 | 0.00% | |
| TSE:CH | Charbone Hydrogen Corporation | 0.13 | -0.03 | -18.75% | |
| TSE:SWAN | Black Swan Graphene Inc | 0.71 | -0.40 | -36.04% | |
| TSE:FNDX | FendX Technologies, Inc. | 0.20 | -0.40 | -65.83% |
Foremost Lithium Resource & Technology Ltd Corporate Events
Foremost Clean Energy Strikes Joint Ventures with Denison Mines for Athabasca Properties
PositiveForemost Clean Energy has agreed to sell a 31% interest in its GR and Blackwing properties to Denison Mines and form two exploration joint ventures, while retaining a 20% stake in each asset. The deal provides Foremost with $650,000 in proceeds and s...
Foremost Clean Energy Stake in Rio Grande Falls Below Early Warning Threshold
NeutralForemost Clean Energy Ltd. has filed an early warning report after its ownership stake in Rio Grande Resources Ltd. fell below the 10% threshold that triggers enhanced disclosure requirements. The change followed Rio Grande’s recent $2.55 milli...
Foremost Clean Energy Grants Stock Options to Align Strategy and Talent
PositiveForemost Clean Energy Ltd. is a North American exploration company focused on uranium, lithium and gold projects that support growing demand for reliable, carbon-free energy sources. It holds options to earn significant interests in 10 uranium proper...
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.
Date of analysis: Oct 28, 2026