S&P 500 7,459.94 â–ŧ 73.83 (-0.98%) DOW 52,169.10 â–ŧ 383.87 (-0.73%) NASDAQ 25,535.42 â–ŧ 346.53 (-1.34%) US Markets Closed â€ĸ 09:10 AM ET

FMST

Foremost Clean Energy Ltd.

Price Chart
Latest Quote

$1.93

+0.32 (+19.88%)
Current Price
Previous Close $1.61
Open $1.59
Day High $1.98
Day Low $1.57
Volume 508,953
Fetched: 2026-07-18T12:12:59
Stock Information
Note: Financial values converted from CAD to USD
Shares Outstanding 16.49M
Cash Equivalents $4.52M
Net Income $-4.92M
Sector Basic Materials
Industry Other Industrial Metals & Mining
Market Cap $31.82M
EPS (TTM) $-0.37
Exchange NCM
🌐 Visit Website
📊 Comprehensive Analysis
Company Data
Enterprise Value$25.48M
Income$-4.92M
Book/sh$1.55
Cash/sh$0.38
Financial Ratios
Quick Ratio1.79
Current Ratio1.85
Returns & Margins
ROA-8.47%
ROE-23.00%
Ownership
Insider Ownership27.57%
Institutional Ownership1.09%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E-4.39
P/B1.24
Analyst Data
Recommendationnone
Technical Indicators
SMA20$1.62
SMA50$1.63
SMA200$2.23
RSI65.35
ATR0.1793
Shares Float12.29M
Short Float1.04%
Short Ratio1.92
Volatility3.02
Rel Volume3.36
Performance History
Week+8.43%
Month+26.97%
Quarter+4.32%
6 Months-12.67%
YTD-15.72%
Year-25.19%
3 Years-64.66%
10 Years-52.75%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
⭐ Premium Feature

Sign up for free to view detailed scoring breakdown — premium is free during our trial period!

Recent Price History
Date Close Volume
2026-07-17 $1.93 518,700
2026-07-16 $1.61 105,100
2026-07-15 $1.63 256,200
2026-07-14 $1.72 83,700
2026-07-13 $1.78 139,200
2026-07-10 $1.78 146,400
2026-07-09 $1.67 586,400
2026-07-08 $1.78 102,500
2026-07-07 $1.76 222,700
2026-07-06 $1.61 275,000
2026-07-02 $1.51 100,700
2026-07-01 $1.38 111,300
2026-06-30 $1.46 55,900
2026-06-29 $1.51 42,200
2026-06-26 $1.54 41,300
2026-06-25 $1.53 49,000
2026-06-24 $1.56 89,900
2026-06-23 $1.54 53,200
2026-06-22 $1.55 61,200
2026-06-18 $1.54 46,300
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:
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 $117,146 $207,290 $90,304 $74,202
Total Expenses $6,330,680 $4,148,745 $3,208,733 $2,522,482
Other Income Expense $1,527,634 $1,777,308 $108,249 $3,272,646
Other Non Operating Income Expenses $1,294,519 $86,361 $8,159 $701,469
Net Non Operating Interest Income Expense $-117,146 $-207,290 $-89,367 $-67,869
Interest Expense Non Operating $117,146 $207,290 $90,304 $74,202
Operating Expense $6,330,680 $4,148,745 $3,208,733 $2,522,482
Other Operating Expenses $238,931 $215,068 $295,724 $142,066
Selling And Marketing Expense $2,968,978 $1,027,753 $607,428 $112,684
General And Administrative Expense $3,122,771 $2,905,924 $2,305,581 $2,267,731
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-4,920,191 $-2,578,727 $-3,189,850 $682,295
Net Interest Income $-117,146 $-207,290 $-89,367 $-67,869
Interest Income $0 $0 $937 $6,333
Normalized Income $-5,172,344 $-4,345,109 $-3,289,940 $-860,411
Net Income From Continuing And Discontinued Operation $-4,920,191 $-2,578,727 $-3,189,850 $682,295
Net Income Common Stockholders $-4,920,191 $-2,578,727 $-3,189,850 $682,295
Net Income $-4,920,191 $-2,578,727 $-3,189,850 $682,295
Net Income Including Noncontrolling Interests $-4,920,191 $-2,578,727 $-3,189,850 $682,295
Net Income Continuous Operations $-4,920,191 $-2,578,727 $-3,189,850 $682,295
Pretax Income $-4,920,191 $-2,578,727 $-3,189,850 $682,295
Special Income Charges $253,101 $1,441,825 $6,419 $2,595,801
Earnings From Equity Interest $-19,037 $-75,435 $0 $0
Interest Income Non Operating $0 $0 $937 $6,333
Operating Income $-6,330,680 $-4,148,745 $-3,208,733 $-2,522,482
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 $1,028,471
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-5,055,199 $-4,137,819 $-3,199,636 $-1,814,680
Total Unusual Items $252,153 $1,766,382 $100,090 $2,571,177
Total Unusual Items Excluding Goodwill $252,153 $1,766,382 $100,090 $2,571,177
EBITDA (Bullshit earnings) $-4,803,046 $-2,371,437 $-3,099,547 $756,497
EBIT $-4,803,046 $-2,371,437 $-3,099,547 $756,497
Diluted Average Shares $9,343,369 $5,358,259 $3,222,788 $2,805,054
Basic Average Shares $9,343,369 $5,358,259 $3,222,788 $2,736,322
Diluted NI Availto Com Stockholders $-4,920,191 $-2,578,727 $-3,189,850 $682,295
Other Special Charges $-3,566 $-76,051 $-7,133 $-133,604
Write Off $90,694 $0 $713 $34,237
Restructuring And Mergern Acquisition $-340,228 $-1,365,773 $0 $0
Gain On Sale Of Security $-948 $324,558 $93,670 $-24,624
Selling General And Administration $6,091,749 $3,933,677 $2,913,009 $2,380,415
Other Gand A $1,163,483 $1,488,126 $926,885 $1,413,775
Insurance And Claims $239,959 $218,490 $190,934 -
Salaries And Wages $1,719,329 $1,199,307 $1,187,762 $853,957
Gain On Sale Of Ppe - $0 $0 $2,496,434
Gain On Sale Of Business - $1,365,773 $0 $0
Impairment Of Capital Assets - - - -
Fetched: 2026-07-18
Balance Sheet (Annual)
Metric 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Assets
Net Tangible Assets $25,323,252 $17,469,517 $9,421,924 $7,409,146
Total Assets $28,060,984 $19,786,762 $11,839,414 $9,486,765
Total Non Current Assets $23,000,787 $15,963,267 $10,780,060 $8,919,469
Non Current Prepaid Assets $39,225 $108,403 $13,717 $17,407
Non Current Note Receivables $197,078 $370,899 $0 -
Investmentin Financial Assets $900,411 $0 - $2,068
Current Assets $5,060,196 $3,823,495 $1,059,353 $567,296
Prepaid Assets $160,788 $87,972 $243,040 $40,449
Receivables $375,724 $165,376 $104,286 $117,013
Accounts Receivable $375,724 $165,376 $104,286 $94,519
Cash Cash Equivalents And Short Term Investments $4,523,684 $3,570,147 $712,027 $409,834
Cash And Cash Equivalents $4,523,684 $3,570,147 $712,027 $409,834
Cash Financial $4,523,684 $3,570,147 $712,027 $409,834
Financial Assets Designatedas Fair Value Through Profitor Loss Total - - - $2,068
Other Receivables - - - $22,494
Taxes Receivable - - - $94,519
Non Current Accounts Receivable - - - -
Debt
Total Debt - $371,874 $812,069 $920,899
Current Debt And Capital Lease Obligation - $371,874 $812,069 $920,899
Current Debt - $371,874 $812,069 $896,373
Other Current Borrowings - $371,874 $812,069 $848,073
Net Debt - - $100,041 $486,539
Long Term Debt And Capital Lease Obligation - - $0 $0
Long Term Debt - - - -
Liabilities
Total Liabilities Net Minority Interest $2,737,731 $2,317,245 $2,417,489 $2,077,619
Total Non Current Liabilities Net Minority Interest $0 $0 $468,578 $0
Current Liabilities $2,737,731 $2,317,245 $1,948,912 $2,077,619
Other Current Liabilities $1,895,709 $1,386,798 $8,321 -
Current Deferred Liabilities $0 $340,228 $0 -
Payables And Accrued Expenses $842,022 $218,344 $1,128,522 $1,156,720
Payables $762,136 $178,282 $1,063,270 $934,891
Accounts Payable $624,037 $66,838 $785,847 $631,056
Derivative Product Liabilities - $108,962 $468,578 $0
Current Notes Payable - - $0 $48,300
Other Payable - - $215,383 $223,253
Equity
Common Stock Equity $25,323,252 $17,469,517 $9,421,924 $7,409,146
Total Equity Gross Minority Interest $25,323,252 $17,469,517 $9,421,924 $7,409,146
Stockholders Equity $25,323,252 $17,469,517 $9,421,924 $7,409,146
Gains Losses Not Affecting Retained Earnings $2,350,094 $2,340,181 $1,756,096 $1,288,798
Retained Earnings $-21,837,896 $-17,443,228 $-15,321,772 $-12,745,444
Long Term Equity Investment $0 $273,704 $0 -
Other Equity Interest - - $74,893 -
Other
Ordinary Shares Number $11,612,397 $7,432,216 $3,714,700 $2,831,396
Share Issued $11,612,397 $7,432,216 $3,714,700 $2,831,396
Tangible Book Value $25,323,252 $17,469,517 $9,421,924 $7,409,146
Invested Capital $25,323,252 $17,841,392 $10,233,993 $8,305,519
Working Capital $2,322,465 $1,506,250 $-889,559 $-1,510,323
Total Capitalization $25,323,252 $17,469,517 $9,421,924 $7,409,146
Capital Stock $44,811,055 $32,572,565 $22,912,707 $18,865,792
Common Stock $44,811,055 $32,572,565 $22,912,707 $18,865,792
Current Accrued Expenses $79,886 $40,062 $65,252 $221,829
Dueto Related Parties Current $138,099 $111,444 $62,040 $80,581
Investments And Advances $900,411 $273,704 $0 $2,068
Available For Sale Securities $900,411 - - -
Investmentsin Associatesat Cost $0 $273,704 $0 -
Net PPE $21,864,072 $15,210,261 $10,766,344 $8,899,994
Current Deferred Revenue - $340,228 $0 -
Treasury Shares Number - - $0 -
Capital Lease Obligations - - $0 $24,526
Long Term Capital Lease Obligation - - $0 $0
Current Capital Lease Obligation - - $0 $24,526
Other Investments - - - $0
Other Short Term Investments - - - $22,494
Fetched: 2026-07-18
Cash Flow Statement (Annual)
Metric 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Free Cash Flow
Free Cash Flow $-5,576,472 $-2,874,716 $-2,848,497 $-1,976,513
Operating Activities
Operating Cash Flow $-5,415,987 $-2,696,430 $-2,706,679 $-1,766,126
Cash Flow From Continuing Operating Activities $-5,415,987 $-2,696,430 $-2,706,679 $-1,766,126
Operating Gains Losses $-325,474 $-1,721,977 $-126,478 $-2,624,617
Investing Activities
Capital Expenditure $-160,485 $-178,286 $-141,818 $-210,387
Investing Cash Flow $-6,246,938 $-1,906,865 $-1,672,325 $-569,061
Cash Flow From Continuing Investing Activities $-6,246,938 $-1,906,865 $-1,672,325 $-569,061
Net Other Investing Changes $-6,105,771 $-1,403,008 $-1,675,708 $-3,069,089
Financing Activities
Issuance Of Capital Stock $9,517,170 $8,452,482 $5,026,868 $1,185,312
Financing Cash Flow $12,616,462 $7,461,414 $4,681,198 $2,577,079
Cash Flow From Continuing Financing Activities $12,616,462 $7,461,414 $4,681,198 $2,577,079
Net Other Financing Charges $-728,380 $-481,852 $-267,771 $-71,058
Cash Dividends Paid $0 $0 $0 $0
Net Common Stock Issuance $9,517,170 $8,452,482 $5,026,868 $1,185,312
Common Stock Issuance $9,517,170 $8,452,482 $5,026,868 $1,185,312
Other
Repayment Of Debt $-363,717 $-427,960 $-98,805 $-51,089
End Cash Position $4,523,684 $3,570,147 $712,027 $409,834
Beginning Cash Position $3,570,147 $712,027 $409,834 $167,942
Changes In Cash $953,537 $2,858,120 $302,193 $241,892
Interest Paid Cff $-15,285 $-81,255 $-72,817 $0
Proceeds From Stock Option Exercised $4,206,675 $0 $93,723 $810,818
Net Issuance Payments Of Debt $-363,717 $-427,960 $-98,805 $652,008
Net Short Term Debt Issuance $-363,717 $-427,960 $-73,260 $703,097
Short Term Debt Payments $-363,717 $-427,960 $-73,260 -
Net Long Term Debt Issuance $0 $0 $-25,544 $-51,089
Long Term Debt Payments $0 $0 $-25,544 $-51,089
Interest Received Cfi $19,319 $0 $0 -
Net Investment Purchase And Sale $0 $0 $2,547 $0
Sale Of Investment $0 $0 $2,547 $0
Net Business Purchase And Sale $0 $-468,224 $0 $0
Purchase Of Business $0 $-468,224 $0 $0
Net PPE Purchase And Sale $-160,485 $-35,633 $835 $2,500,027
Sale Of PPE $0 $142,653 $142,653 $2,710,414
Purchase Of PPE $-160,485 $-178,286 $-141,818 $-210,387
Change In Working Capital $149,461 $998,893 $-102,863 $259,886
Change In Payables And Accrued Expense $428,293 $900,584 $105,805 $293,685
Change In Prepaid Assets $-68,484 $159,399 $-198,901 $-544
Change In Receivables $-210,348 $-61,090 $-9,767 $-33,255
Other Non Cash Items $-1,293,315 $-17,214 $62,940 $-699,545
Stock Based Compensation $882,838 $622,596 $649,572 $581,618
Asset Impairment Charge $90,694 $0 $0 $34,237
Earnings Losses From Equity Investments $19,037 $75,435 $0 $0
Gain Loss On Investment Securities $641,462 $-355,588 $-119,345 $3,638
Gain Loss On Sale Of Business $-985,972 $-1,365,773 $0 $0
Net Income From Continuing Operations $-4,920,191 $-2,578,727 $-3,189,850 $682,295
Interest Paid Supplemental Data - $81,255 $72,817 $63,338
Income Tax Paid Supplemental Data - - $0 $0
Gain Loss On Sale Of PPE - - $0 $-2,496,434
Issuance Of Debt - - - $703,097
Short Term Debt Issuance - - - $703,097
Long Term Debt Issuance - - - -
Unrealized Gain Loss On Investment Securities - - - -
Fetched: 2026-07-18