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Foremost Clean Energy Ltd.

Price Chart
Latest Quote

$1.02

-0.10 (-9.29%)
Current Price
Previous Close $1.13
Open $1.11
Day High $1.12
Day Low $1.02
Volume 83,483
Fetched: 2026-09-02T12:11:18
Stock Information
Note: Financial values converted from CAD to USD
Shares Outstanding 17.35M
Cash Equivalents $2.55M
Net Income $-5.99M
Sector Basic Materials
Industry Other Industrial Metals & Mining
Market Cap $17.79M
EPS (TTM) $-0.45
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$14.24M
Income$-5.99M
Book/sh$1.53
Cash/sh$0.20
Financial Ratios
Quick Ratio1.72
Current Ratio1.84
Returns & Margins
ROA-8.98%
ROE-25.67%
Ownership
Insider Ownership27.57%
Institutional Ownership1.11%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E-2.33
P/B0.67
Analyst Data
Recommendationnone
Technical Indicators
SMA20$1.25
SMA50$1.47
SMA200$1.93
RSI28.78
ATR0.0898
Shares Float13.74M
Short Float1.27%
Short Ratio1.19
Volatility2.99
Rel Volume0.98
Performance History
Week-10.87%
Month-25.72%
Quarter-41.76%
6 Months-55.82%
YTD-55.24%
Year-68.17%
3 Years-75.18%
10 Years-74.91%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-09-01 $1.02 86,800
2026-08-31 $1.13 79,300
2026-08-27 $1.17 39,300
2026-08-26 $1.18 75,900
2026-08-25 $1.19 56,100
2026-08-24 $1.15 69,800
2026-08-21 $1.23 37,200
2026-08-20 $1.14 98,300
2026-08-19 $1.18 149,700
2026-08-18 $1.14 123,400
2026-08-17 $1.19 140,100
2026-08-14 $1.26 220,000
2026-08-13 $1.30 69,400
2026-08-12 $1.35 29,200
2026-08-11 $1.32 68,900
2026-08-10 $1.36 63,800
2026-08-07 $1.41 76,200
2026-08-06 $1.42 66,200
2026-08-05 $1.48 98,600
2026-08-04 $1.43 114,500
2026-08-03 $1.32 184,400
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.

Period:
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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 $118,683 $210,011 $91,489 $75,176
Total Expenses $6,413,757 $4,203,188 $3,250,840 $2,555,584
Other Income Expense $1,547,681 $1,800,632 $109,669 $3,315,592
Other Non Operating Income Expenses $1,311,506 $87,494 $8,266 $710,674
Net Non Operating Interest Income Expense $-118,683 $-210,011 $-90,539 $-68,759
Interest Expense Non Operating $118,683 $210,011 $91,489 $75,176
Operating Expense $6,413,757 $4,203,188 $3,250,840 $2,555,584
Other Operating Expenses $242,066 $217,890 $299,605 $143,931
Selling And Marketing Expense $3,007,940 $1,041,240 $615,399 $114,163
General And Administrative Expense $3,163,751 $2,944,058 $2,335,837 $2,297,490
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-4,984,758 $-2,612,567 $-3,231,710 $691,249
Net Interest Income $-118,683 $-210,011 $-90,539 $-68,759
Interest Income $0 $0 $950 $6,416
Normalized Income $-5,240,220 $-4,402,130 $-3,333,114 $-871,702
Net Income From Continuing And Discontinued Operation $-4,984,758 $-2,612,567 $-3,231,710 $691,249
Net Income Common Stockholders $-4,984,758 $-2,612,567 $-3,231,710 $691,249
Net Income $-4,984,758 $-2,612,567 $-3,231,710 $691,249
Net Income Including Noncontrolling Interests $-4,984,758 $-2,612,567 $-3,231,710 $691,249
Net Income Continuous Operations $-4,984,758 $-2,612,567 $-3,231,710 $691,249
Pretax Income $-4,984,758 $-2,612,567 $-3,231,710 $691,249
Special Income Charges $256,422 $1,460,745 $6,504 $2,629,865
Earnings From Equity Interest $-19,287 $-76,425 $0 $0
Interest Income Non Operating $0 $0 $950 $6,416
Operating Income $-6,413,757 $-4,203,188 $-3,250,840 $-2,555,584
Gross Profit - - - -
Per Share
Diluted EPS $-0.38 $-0.35 $-0.72 $0.17
Basic EPS $-0.38 $-0.35 $-0.72 $0.18
Other
Tax Effect Of Unusual Items $0 $0 $0 $1,041,967
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-5,121,537 $-4,192,119 $-3,241,625 $-1,838,494
Total Unusual Items $255,462 $1,789,562 $101,403 $2,604,918
Total Unusual Items Excluding Goodwill $255,462 $1,789,562 $101,403 $2,604,918
EBITDA (Bullshit earnings) $-4,866,076 $-2,402,557 $-3,140,221 $766,425
EBIT $-4,866,076 $-2,402,557 $-3,140,221 $766,425
Diluted Average Shares $9,465,981 $5,428,575 $3,265,080 $2,841,865
Basic Average Shares $9,465,981 $5,428,575 $3,265,080 $2,772,230
Diluted NI Availto Com Stockholders $-4,984,758 $-2,612,567 $-3,231,710 $691,249
Other Special Charges $-3,613 $-77,049 $-7,226 $-135,357
Write Off $91,884 $0 $723 $34,686
Restructuring And Mergern Acquisition $-344,693 $-1,383,696 $0 $0
Gain On Sale Of Security $-960 $328,817 $94,900 $-24,947
Selling General And Administration $6,171,690 $3,985,298 $2,951,236 $2,411,653
Other Gand A $1,178,751 $1,507,655 $939,048 $1,432,327
Insurance And Claims $243,108 $221,357 $193,440 -
Salaries And Wages $1,741,891 $1,215,046 $1,203,349 $865,163
Gain On Sale Of Ppe - $0 $0 $2,529,194
Gain On Sale Of Business - $1,383,696 $0 $0
Impairment Of Capital Assets - - - -
Fetched: 2026-08-26
Balance Sheet (Annual)
Metric 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Assets
Net Tangible Assets $25,655,566 $17,698,767 $9,545,567 $7,506,375
Total Assets $28,429,224 $20,046,421 $11,994,781 $9,611,259
Total Non Current Assets $23,302,623 $16,172,751 $10,921,526 $9,036,518
Non Current Prepaid Assets $39,740 $109,826 $13,897 $17,635
Non Current Note Receivables $199,665 $375,766 $0 -
Investmentin Financial Assets $912,227 $0 - $2,096
Current Assets $5,126,601 $3,873,670 $1,073,255 $574,741
Prepaid Assets $162,898 $89,127 $246,229 $40,980
Receivables $380,655 $167,546 $105,655 $118,548
Accounts Receivable $380,655 $167,546 $105,655 $95,759
Cash Cash Equivalents And Short Term Investments $4,583,048 $3,616,998 $721,371 $415,212
Cash And Cash Equivalents $4,583,048 $3,616,998 $721,371 $415,212
Cash Financial $4,583,048 $3,616,998 $721,371 $415,212
Financial Assets Designatedas Fair Value Through Profitor Loss Total - - - $2,096
Other Receivables - - - $22,789
Taxes Receivable - - - $95,759
Non Current Accounts Receivable - - - -
Debt
Total Debt - $376,755 $822,725 $932,984
Current Debt And Capital Lease Obligation - $376,755 $822,725 $932,984
Current Debt - $376,755 $822,725 $908,136
Other Current Borrowings - $376,755 $822,725 $859,202
Net Debt - - $101,354 $492,924
Long Term Debt And Capital Lease Obligation - - $0 $0
Long Term Debt - - - -
Liabilities
Total Liabilities Net Minority Interest $2,773,658 $2,347,654 $2,449,214 $2,104,884
Total Non Current Liabilities Net Minority Interest $0 $0 $474,727 $0
Current Liabilities $2,773,658 $2,347,654 $1,974,487 $2,104,884
Other Current Liabilities $1,920,586 $1,404,997 $8,430 -
Current Deferred Liabilities $0 $344,693 $0 -
Payables And Accrued Expenses $853,072 $221,209 $1,143,332 $1,171,899
Payables $772,138 $180,621 $1,077,223 $947,159
Accounts Payable $632,226 $67,715 $796,159 $639,338
Derivative Product Liabilities - $110,392 $474,727 $0
Current Notes Payable - - $0 $48,934
Other Payable - - $218,209 $226,183
Equity
Common Stock Equity $25,655,566 $17,698,767 $9,545,567 $7,506,375
Total Equity Gross Minority Interest $25,655,566 $17,698,767 $9,545,567 $7,506,375
Stockholders Equity $25,655,566 $17,698,767 $9,545,567 $7,506,375
Gains Losses Not Affecting Retained Earnings $2,380,934 $2,370,890 $1,779,141 $1,305,710
Retained Earnings $-22,124,472 $-17,672,133 $-15,522,837 $-12,912,700
Long Term Equity Investment $0 $277,296 $0 -
Other Equity Interest - - $75,876 -
Other
Ordinary Shares Number $11,764,785 $7,529,748 $3,763,447 $2,868,552
Share Issued $11,764,785 $7,529,748 $3,763,447 $2,868,552
Tangible Book Value $25,655,566 $17,698,767 $9,545,567 $7,506,375
Invested Capital $25,655,566 $18,075,522 $10,368,292 $8,414,511
Working Capital $2,352,943 $1,526,017 $-901,232 $-1,530,143
Total Capitalization $25,655,566 $17,698,767 $9,545,567 $7,506,375
Capital Stock $45,399,104 $33,000,010 $23,213,387 $19,113,365
Common Stock $45,399,104 $33,000,010 $23,213,387 $19,113,365
Current Accrued Expenses $80,934 $40,588 $66,109 $224,740
Dueto Related Parties Current $139,911 $112,906 $62,854 $81,639
Investments And Advances $912,227 $277,296 $0 $2,096
Available For Sale Securities $912,227 - - -
Investmentsin Associatesat Cost $0 $277,296 $0 -
Net PPE $22,150,992 $15,409,863 $10,907,629 $9,016,787
Current Deferred Revenue - $344,693 $0 -
Treasury Shares Number - - $0 -
Capital Lease Obligations - - $0 $24,848
Long Term Capital Lease Obligation - - $0 $0
Current Capital Lease Obligation - - $0 $24,848
Other Investments - - - $0
Other Short Term Investments - - - $22,789
Fetched: 2026-08-26
Cash Flow Statement (Annual)
Metric 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Free Cash Flow
Free Cash Flow $-5,649,652 $-2,912,440 $-2,885,878 $-2,002,450
Operating Activities
Operating Cash Flow $-5,487,061 $-2,731,814 $-2,742,199 $-1,789,303
Cash Flow From Continuing Operating Activities $-5,487,061 $-2,731,814 $-2,742,199 $-1,789,303
Operating Gains Losses $-329,745 $-1,744,575 $-128,138 $-2,659,060
Investing Activities
Capital Expenditure $-162,591 $-180,626 $-143,679 $-213,147
Investing Cash Flow $-6,328,915 $-1,931,888 $-1,694,271 $-576,529
Cash Flow From Continuing Investing Activities $-6,328,915 $-1,931,888 $-1,694,271 $-576,529
Net Other Investing Changes $-6,185,897 $-1,421,419 $-1,697,698 $-3,109,364
Financing Activities
Issuance Of Capital Stock $9,642,062 $8,563,403 $5,092,834 $1,200,866
Financing Cash Flow $12,782,026 $7,559,329 $4,742,629 $2,610,898
Cash Flow From Continuing Financing Activities $12,782,026 $7,559,329 $4,742,629 $2,610,898
Net Other Financing Charges $-737,939 $-488,176 $-271,285 $-71,991
Cash Dividends Paid $0 $0 $0 $0
Net Common Stock Issuance $9,642,062 $8,563,403 $5,092,834 $1,200,866
Common Stock Issuance $9,642,062 $8,563,403 $5,092,834 $1,200,866
Other
Repayment Of Debt $-368,490 $-433,576 $-100,101 $-51,760
End Cash Position $4,583,048 $3,616,998 $721,371 $415,212
Beginning Cash Position $3,616,998 $721,371 $415,212 $170,146
Changes In Cash $966,050 $2,895,627 $306,159 $245,066
Interest Paid Cff $-15,486 $-82,322 $-73,773 $0
Proceeds From Stock Option Exercised $4,261,879 $0 $94,953 $821,458
Net Issuance Payments Of Debt $-368,490 $-433,576 $-100,101 $660,564
Net Short Term Debt Issuance $-368,490 $-433,576 $-74,222 $712,324
Short Term Debt Payments $-368,490 $-433,576 $-74,222 -
Net Long Term Debt Issuance $0 $0 $-25,879 $-51,760
Long Term Debt Payments $0 $0 $-25,879 $-51,760
Interest Received Cfi $19,572 $0 $0 -
Net Investment Purchase And Sale $0 $0 $2,581 $0
Sale Of Investment $0 $0 $2,581 $0
Net Business Purchase And Sale $0 $-474,368 $0 $0
Purchase Of Business $0 $-474,368 $0 $0
Net PPE Purchase And Sale $-162,591 $-36,100 $846 $2,532,835
Sale Of PPE $0 $144,525 $144,525 $2,745,982
Purchase Of PPE $-162,591 $-180,626 $-143,679 $-213,147
Change In Working Capital $151,422 $1,012,001 $-104,213 $263,296
Change In Payables And Accrued Expense $433,914 $912,402 $107,194 $297,539
Change In Prepaid Assets $-69,383 $161,491 $-201,511 $-551
Change In Receivables $-213,108 $-61,892 $-9,896 $-33,692
Other Non Cash Items $-1,310,287 $-17,440 $63,766 $-708,725
Stock Based Compensation $894,423 $630,766 $658,096 $589,250
Asset Impairment Charge $91,884 $0 $0 $34,686
Earnings Losses From Equity Investments $19,287 $76,425 $0 $0
Gain Loss On Investment Securities $649,879 $-360,254 $-120,911 $3,685
Gain Loss On Sale Of Business $-998,911 $-1,383,696 $0 $0
Net Income From Continuing Operations $-4,984,758 $-2,612,567 $-3,231,710 $691,249
Interest Paid Supplemental Data - $82,322 $73,773 $64,169
Income Tax Paid Supplemental Data - - $0 $0
Gain Loss On Sale Of PPE - - $0 $-2,529,194
Issuance Of Debt - - - $712,324
Short Term Debt Issuance - - - $712,324
Long Term Debt Issuance - - - -
Unrealized Gain Loss On Investment Securities - - - -
Fetched: 2026-08-26