FMST
Foremost Clean Energy Ltd.
Price Chart
Latest Quote
$0.61
+0.07 (+13.91%)
Current Price
| Previous Close | $0.54 |
| Open | $0.54 |
| Day High | $0.65 |
| Day Low | $0.54 |
| Volume | 403,512 |
Stock Information
Note: Financial values converted from CAD to USD
| Shares Outstanding | 17.35M |
| Cash Equivalents | $2.52M |
| Net Income | $-5.93M |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Market Cap | $10.57M |
| EPS (TTM) | $-0.45 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $7.03M |
| Income | $-5.93M |
| Book/sh | $1.52 |
| Cash/sh | $0.20 |
Financial Ratios
| Quick Ratio | 1.72 |
| Current Ratio | 1.84 |
Returns & Margins
| ROA | -8.98% |
| ROE | -25.67% |
Ownership
| Insider Ownership | 27.62% |
| Institutional Ownership | 1.11% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -1.39 |
| P/B | 0.40 |
Analyst Data
| Recommendation | strong_buy |
Technical Indicators
| SMA20 | $0.54 |
| SMA50 | $0.78 |
| SMA200 | $1.55 |
| RSI | 54.08 |
| ATR | 0.0821 |
| Shares Float | 13.75M |
| Short Float | 1.24% |
| Short Ratio | 1.81 |
| Volatility | 2.98 |
| Rel Volume | 0.60 |
Performance History
| Week | +23.11% |
| Month | -9.04% |
| Quarter | -55.68% |
| 6 Months | -64.77% |
| YTD | -73.39% |
| Year | -83.96% |
| 3 Years | -77.43% |
| 10 Years | -85.08% |
Stock Score:
â Premium
Based on debt, profitability, growth, and cash flow metrics
â Premium Feature
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-10-27 | $0.61 | 403,512 |
| 2026-10-26 | $0.54 | 406,200 |
| 2026-10-23 | $0.52 | 4,554,500 |
| 2026-10-22 | $0.46 | 51,800 |
| 2026-10-21 | $0.48 | 53,400 |
| 2026-10-20 | $0.50 | 166,300 |
| 2026-10-19 | $0.43 | 179,600 |
| 2026-10-16 | $0.50 | 146,000 |
| 2026-10-15 | $0.53 | 173,100 |
| 2026-10-14 | $0.49 | 113,500 |
| 2026-10-13 | $0.56 | 103,300 |
| 2026-10-12 | $0.56 | 138,400 |
| 2026-10-09 | $0.62 | 343,600 |
| 2026-10-08 | $0.63 | 682,900 |
| 2026-10-07 | $0.56 | 5,091,800 |
| 2026-10-06 | $0.50 | 231,000 |
| 2026-10-05 | $0.54 | 246,800 |
| 2026-10-02 | $0.59 | 214,500 |
| 2026-10-01 | $0.61 | 75,400 |
| 2026-09-30 | $0.64 | 46,900 |
| 2026-09-29 | $0.66 | 62,000 |
| 2026-09-28 | $0.67 | 93,100 |
About Foremost Clean Energy Ltd.
Foremost Clean Energy Ltd., an exploration stage company, explores and develops uranium and lithium assets in North America. The company has an option agreement of approximately 70% interest in 10 properties encompassing over 330,000 acres in Saskatchewan's Athabasca Basin. It holds interest in the Murphy Lake South, the Hatchet Lake, the Turkey Lake, the Torwalt Lake, the Marten, the Wolverine, and the Epp Lake properties located in northern Saskatchewan, Canada. In addition, the company holds interest in the Blackwing, the GR, and the CLK properties located in the northern portion of Saskatchewan, Canada. The company was formerly known as Foremost Lithium Resource & Technology Ltd. and changed its name to Foremost Clean Energy Ltd. in September 2024. Foremost Clean Energy Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.
đ° Latest News
No news articles available at the moment. Check back later for updates on FMST.
Period:
Loading...
Income Statement (Annual)
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $0 | $0 | $0 | $0 |
| Operating Revenue | $0 | $0 | $0 | $0 |
| Reconciled Cost Of Revenue | - | - | - | - |
| Cost Of Revenue | - | - | - | - |
| Expenses | ||||
| Interest Expense | $117,215 | $207,413 | $90,357 | $74,246 |
| Total Expenses | $6,334,430 | $4,151,202 | $3,210,633 | $2,523,976 |
| Other Income Expense | $1,528,539 | $1,778,361 | $108,313 | $3,274,584 |
| Other Non Operating Income Expenses | $1,295,285 | $86,412 | $8,164 | $701,884 |
| Net Non Operating Interest Income Expense | $-117,215 | $-207,413 | $-89,420 | $-67,909 |
| Interest Expense Non Operating | $117,215 | $207,413 | $90,357 | $74,246 |
| Operating Expense | $6,334,430 | $4,151,202 | $3,210,633 | $2,523,976 |
| Other Operating Expenses | $239,072 | $215,195 | $295,899 | $142,150 |
| Selling And Marketing Expense | $2,970,737 | $1,028,362 | $607,788 | $112,751 |
| General And Administrative Expense | $3,124,621 | $2,907,645 | $2,306,946 | $2,269,074 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-4,923,106 | $-2,580,254 | $-3,191,740 | $682,699 |
| Net Interest Income | $-117,215 | $-207,413 | $-89,420 | $-67,909 |
| Interest Income | $0 | $0 | $938 | $6,337 |
| Normalized Income | $-5,175,408 | $-4,347,683 | $-3,291,889 | $-860,921 |
| Net Income From Continuing And Discontinued Operation | $-4,923,106 | $-2,580,254 | $-3,191,740 | $682,699 |
| Net Income Common Stockholders | $-4,923,106 | $-2,580,254 | $-3,191,740 | $682,699 |
| Net Income | $-4,923,106 | $-2,580,254 | $-3,191,740 | $682,699 |
| Net Income Including Noncontrolling Interests | $-4,923,106 | $-2,580,254 | $-3,191,740 | $682,699 |
| Net Income Continuous Operations | $-4,923,106 | $-2,580,254 | $-3,191,740 | $682,699 |
| Pretax Income | $-4,923,106 | $-2,580,254 | $-3,191,740 | $682,699 |
| Special Income Charges | $253,250 | $1,442,679 | $6,423 | $2,597,339 |
| Earnings From Equity Interest | $-19,048 | $-75,480 | $0 | $0 |
| Interest Income Non Operating | $0 | $0 | $938 | $6,337 |
| Operating Income | $-6,334,430 | $-4,151,202 | $-3,210,633 | $-2,523,976 |
| Gross Profit | - | - | - | - |
| Per Share | ||||
| Diluted EPS | $-0.38 | $-0.34 | $-0.71 | $0.17 |
| Basic EPS | $-0.38 | $-0.34 | $-0.71 | $0.18 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $1,029,080 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-5,058,193 | $-4,140,270 | $-3,201,532 | $-1,815,755 |
| Total Unusual Items | $252,302 | $1,767,429 | $100,149 | $2,572,700 |
| Total Unusual Items Excluding Goodwill | $252,302 | $1,767,429 | $100,149 | $2,572,700 |
| EBITDA (Bullshit earnings) | $-4,805,891 | $-2,372,841 | $-3,101,382 | $756,945 |
| EBIT | $-4,805,891 | $-2,372,841 | $-3,101,382 | $756,945 |
| Diluted Average Shares | $9,348,903 | $5,361,433 | $3,224,696 | $2,806,716 |
| Basic Average Shares | $9,348,903 | $5,361,433 | $3,224,696 | $2,737,943 |
| Diluted NI Availto Com Stockholders | $-4,923,106 | $-2,580,254 | $-3,191,740 | $682,699 |
| Other Special Charges | $-3,568 | $-76,096 | $-7,137 | $-133,683 |
| Write Off | $90,748 | $0 | $714 | $34,257 |
| Restructuring And Mergern Acquisition | $-340,430 | $-1,366,582 | $0 | $0 |
| Gain On Sale Of Security | $-948 | $324,750 | $93,726 | $-24,639 |
| Selling General And Administration | $6,095,357 | $3,936,007 | $2,914,734 | $2,381,825 |
| Other Gand A | $1,164,172 | $1,489,008 | $927,433 | $1,414,612 |
| Insurance And Claims | $240,101 | $218,619 | $191,047 | - |
| Salaries And Wages | $1,720,347 | $1,200,018 | $1,188,465 | $854,462 |
| Gain On Sale Of Ppe | - | $0 | $0 | $2,497,912 |
| Gain On Sale Of Business | - | $1,366,582 | $0 | $0 |
| Impairment Of Capital Assets | - | - | - | - |
Fetched: 2026-10-23
Balance Sheet (Annual)
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $25,338,251 | $17,479,865 | $9,427,505 | $7,413,534 |
| Total Assets | $28,077,604 | $19,798,482 | $11,846,426 | $9,492,384 |
| Total Non Current Assets | $23,014,411 | $15,972,722 | $10,786,446 | $8,924,752 |
| Non Current Prepaid Assets | $39,249 | $108,467 | $13,725 | $17,417 |
| Non Current Note Receivables | $197,195 | $371,118 | $0 | - |
| Investmentin Financial Assets | $900,944 | $0 | - | $2,070 |
| Current Assets | $5,063,194 | $3,825,760 | $1,059,981 | $567,632 |
| Prepaid Assets | $160,883 | $88,024 | $243,184 | $40,473 |
| Receivables | $375,947 | $165,474 | $104,348 | $117,082 |
| Accounts Receivable | $375,947 | $165,474 | $104,348 | $94,575 |
| Cash Cash Equivalents And Short Term Investments | $4,526,364 | $3,572,262 | $712,449 | $410,077 |
| Cash And Cash Equivalents | $4,526,364 | $3,572,262 | $712,449 | $410,077 |
| Cash Financial | $4,526,364 | $3,572,262 | $712,449 | $410,077 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | - | - | - | $2,070 |
| Other Receivables | - | - | - | $22,508 |
| Taxes Receivable | - | - | - | $94,575 |
| Non Current Accounts Receivable | - | - | - | - |
| Debt | ||||
| Total Debt | - | $372,095 | $812,550 | $921,445 |
| Current Debt And Capital Lease Obligation | - | $372,095 | $812,550 | $921,445 |
| Current Debt | - | $372,095 | $812,550 | $896,904 |
| Other Current Borrowings | - | $372,095 | $812,550 | $848,575 |
| Net Debt | - | - | $100,101 | $486,827 |
| Long Term Debt And Capital Lease Obligation | - | - | $0 | $0 |
| Long Term Debt | - | - | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,739,353 | $2,318,617 | $2,418,921 | $2,078,850 |
| Total Non Current Liabilities Net Minority Interest | $0 | $0 | $468,855 | $0 |
| Current Liabilities | $2,739,353 | $2,318,617 | $1,950,066 | $2,078,850 |
| Other Current Liabilities | $1,896,832 | $1,387,620 | $8,326 | - |
| Current Deferred Liabilities | $0 | $340,430 | $0 | - |
| Payables And Accrued Expenses | $842,521 | $218,473 | $1,129,191 | $1,157,405 |
| Payables | $762,588 | $178,387 | $1,063,899 | $935,445 |
| Accounts Payable | $624,407 | $66,878 | $786,312 | $631,430 |
| Derivative Product Liabilities | - | $109,027 | $468,855 | $0 |
| Current Notes Payable | - | - | $0 | $48,329 |
| Other Payable | - | - | $215,511 | $223,385 |
| Equity | ||||
| Common Stock Equity | $25,338,251 | $17,479,865 | $9,427,505 | $7,413,534 |
| Total Equity Gross Minority Interest | $25,338,251 | $17,479,865 | $9,427,505 | $7,413,534 |
| Stockholders Equity | $25,338,251 | $17,479,865 | $9,427,505 | $7,413,534 |
| Gains Losses Not Affecting Retained Earnings | $2,351,486 | $2,341,567 | $1,757,137 | $1,289,561 |
| Retained Earnings | $-21,850,831 | $-17,453,559 | $-15,330,847 | $-12,752,993 |
| Long Term Equity Investment | $0 | $273,866 | $0 | - |
| Other Equity Interest | - | - | $74,937 | - |
| Other | ||||
| Ordinary Shares Number | $11,619,275 | $7,436,618 | $3,716,900 | $2,833,073 |
| Share Issued | $11,619,275 | $7,436,618 | $3,716,900 | $2,833,073 |
| Tangible Book Value | $25,338,251 | $17,479,865 | $9,427,505 | $7,413,534 |
| Invested Capital | $25,338,251 | $17,851,959 | $10,240,054 | $8,310,438 |
| Working Capital | $2,323,841 | $1,507,143 | $-890,085 | $-1,511,218 |
| Total Capitalization | $25,338,251 | $17,479,865 | $9,427,505 | $7,413,534 |
| Capital Stock | $44,837,597 | $32,591,857 | $22,926,278 | $18,876,966 |
| Common Stock | $44,837,597 | $32,591,857 | $22,926,278 | $18,876,966 |
| Current Accrued Expenses | $79,933 | $40,086 | $65,291 | $221,960 |
| Dueto Related Parties Current | $138,181 | $111,510 | $62,077 | $80,629 |
| Investments And Advances | $900,944 | $273,866 | $0 | $2,070 |
| Available For Sale Securities | $900,944 | - | - | - |
| Investmentsin Associatesat Cost | $0 | $273,866 | $0 | - |
| Net PPE | $21,877,023 | $15,219,270 | $10,772,721 | $8,905,266 |
| Current Deferred Revenue | - | $340,430 | $0 | - |
| Treasury Shares Number | - | - | $0 | - |
| Capital Lease Obligations | - | - | $0 | $24,541 |
| Long Term Capital Lease Obligation | - | - | $0 | $0 |
| Current Capital Lease Obligation | - | - | $0 | $24,541 |
| Other Investments | - | - | - | $0 |
| Other Short Term Investments | - | - | - | $22,508 |
Fetched: 2026-10-23
Cash Flow Statement (Annual)
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-5,579,775 | $-2,876,418 | $-2,850,184 | $-1,977,684 |
| Operating Activities | ||||
| Operating Cash Flow | $-5,419,195 | $-2,698,027 | $-2,708,282 | $-1,767,172 |
| Cash Flow From Continuing Operating Activities | $-5,419,195 | $-2,698,027 | $-2,708,282 | $-1,767,172 |
| Operating Gains Losses | $-325,666 | $-1,722,997 | $-126,553 | $-2,626,172 |
| Investing Activities | ||||
| Capital Expenditure | $-160,580 | $-178,392 | $-141,902 | $-210,511 |
| Investing Cash Flow | $-6,250,638 | $-1,907,994 | $-1,673,316 | $-569,398 |
| Cash Flow From Continuing Investing Activities | $-6,250,638 | $-1,907,994 | $-1,673,316 | $-569,398 |
| Net Other Investing Changes | $-6,109,388 | $-1,403,839 | $-1,676,700 | $-3,070,906 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $9,522,807 | $8,457,488 | $5,029,845 | $1,186,014 |
| Financing Cash Flow | $12,623,935 | $7,465,834 | $4,683,971 | $2,578,606 |
| Cash Flow From Continuing Financing Activities | $12,623,935 | $7,465,834 | $4,683,971 | $2,578,606 |
| Net Other Financing Charges | $-728,812 | $-482,138 | $-267,930 | $-71,101 |
| Cash Dividends Paid | $0 | $0 | $0 | $0 |
| Net Common Stock Issuance | $9,522,807 | $8,457,488 | $5,029,845 | $1,186,014 |
| Common Stock Issuance | $9,522,807 | $8,457,488 | $5,029,845 | $1,186,014 |
| Other | ||||
| Repayment Of Debt | $-363,932 | $-428,214 | $-98,863 | $-51,119 |
| End Cash Position | $4,526,364 | $3,572,262 | $712,449 | $410,077 |
| Beginning Cash Position | $3,572,262 | $712,449 | $410,077 | $168,042 |
| Changes In Cash | $954,102 | $2,859,813 | $302,372 | $242,035 |
| Interest Paid Cff | $-15,294 | $-81,303 | $-72,861 | $0 |
| Proceeds From Stock Option Exercised | $4,209,167 | $0 | $93,779 | $811,298 |
| Net Issuance Payments Of Debt | $-363,932 | $-428,214 | $-98,863 | $652,394 |
| Net Short Term Debt Issuance | $-363,932 | $-428,214 | $-73,304 | $703,513 |
| Short Term Debt Payments | $-363,932 | $-428,214 | $-73,304 | - |
| Net Long Term Debt Issuance | $0 | $0 | $-25,559 | $-51,119 |
| Long Term Debt Payments | $0 | $0 | $-25,559 | $-51,119 |
| Interest Received Cfi | $19,330 | $0 | $0 | - |
| Net Investment Purchase And Sale | $0 | $0 | $2,549 | $0 |
| Sale Of Investment | $0 | $0 | $2,549 | $0 |
| Net Business Purchase And Sale | $0 | $-468,501 | $0 | $0 |
| Purchase Of Business | $0 | $-468,501 | $0 | $0 |
| Net PPE Purchase And Sale | $-160,580 | $-35,654 | $836 | $2,501,508 |
| Sale Of PPE | $0 | $142,738 | $142,738 | $2,712,019 |
| Purchase Of PPE | $-160,580 | $-178,392 | $-141,902 | $-210,511 |
| Change In Working Capital | $149,549 | $999,485 | $-102,924 | $260,040 |
| Change In Payables And Accrued Expense | $428,547 | $901,117 | $105,868 | $293,859 |
| Change In Prepaid Assets | $-68,525 | $159,494 | $-199,019 | $-544 |
| Change In Receivables | $-210,473 | $-61,126 | $-9,773 | $-33,275 |
| Other Non Cash Items | $-1,294,081 | $-17,224 | $62,977 | $-699,959 |
| Stock Based Compensation | $883,361 | $622,964 | $649,957 | $581,962 |
| Asset Impairment Charge | $90,748 | $0 | $0 | $34,257 |
| Earnings Losses From Equity Investments | $19,048 | $75,480 | $0 | $0 |
| Gain Loss On Investment Securities | $641,841 | $-355,798 | $-119,416 | $3,640 |
| Gain Loss On Sale Of Business | $-986,556 | $-1,366,582 | $0 | $0 |
| Net Income From Continuing Operations | $-4,923,106 | $-2,580,254 | $-3,191,740 | $682,699 |
| Interest Paid Supplemental Data | - | $81,303 | $72,861 | $63,376 |
| Income Tax Paid Supplemental Data | - | - | $0 | $0 |
| Gain Loss On Sale Of PPE | - | - | $0 | $-2,497,912 |
| Issuance Of Debt | - | - | - | $703,513 |
| Short Term Debt Issuance | - | - | - | $703,513 |
| Long Term Debt Issuance | - | - | - | - |
| Unrealized Gain Loss On Investment Securities | - | - | - | - |
Fetched: 2026-10-23