FMSTW

Foremost Clean Energy Ltd.

Price Chart

Latest Quote

$0.39

+0.02 (+4.84%)

Current Price

Previous Close	$0.37
Open	$0.95
Day High	$0.39
Day Low	$0.37
Volume	3,910

Fetched: 2026-07-17T21:51:18

Stock Information

Note: Financial values converted from CAD to USD

Cash Equivalents	$4.52M
Net Income	$-4.92M
Exchange	NCM

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📊 Comprehensive Analysis

Company Data

Income	$-4.92M
Book/sh	$1.54

Financial Ratios

Quick Ratio	1.79
Current Ratio	1.85

Returns & Margins

ROA	-8.47%
ROE	-23.00%

Ownership

Insider & Institutional transactions data not available

Valuation Ratios

P/B

0.25

Analyst Data

Recommendation

none

Technical Indicators

Shares Float	12.29M
Volatility	3.02

Performance History

YTD

+0.00%

Stock Score: ⭐ Premium

Based on debt, profitability, growth, and cash flow metrics

⭐ Premium Feature

Recent Price History

Date	Close	Volume
2026-07-17	$0.39	3,910

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.

📰 Latest News

Foremost Clean Energy targets Athabasca growth after Hatchet Lake Uranium success

Proactive • 2026-06-23T16:25:55Z

Denison Mines Deepens Foremost Stake As Athabasca Uranium Options Grow

Simply Wall St. • 2026-05-20T08:06:57Z

Foremost Clean Energy to Issue Shares to Denison Mines Under Investor Rights Agreement

MT Newswires • 2026-05-19T13:58:11Z

Foremost Clean Energy Reports Higher-Grade Uranium Assays From Hatchet Lake Drill Program in Saskatchewan

MT Newswires • 2025-10-29T15:24:59Z

Is Denison Mines Corp. (DNN) a Good Buy Amid the Strong Interest in Uranium?

Insider Monkey • 2025-10-11T15:54:57Z

Denison Mines’ Increased Stake in Foremost Clean Energy Might Change The Case For Investing In Denison Mines (TSX:DML)

Simply Wall St. • 2025-09-28T10:58:54Z

Here is Why Denison Mines (DNN) Surged This Week

Insider Monkey • 2025-09-25T04:23:14Z

Denison Mines Corp. (DNN) Purchases 485,000 Common Shares of Foremost Clean Energy Ltd. at $2.20 per Share

Insider Monkey • 2025-09-25T01:03:53Z

Foremost Clean Energy Turns Negative Even As Reports "Positive" Radon Survey From Wolverine Property, Saskatchewan

MT Newswires • 2025-08-27T14:29:04Z

Foremost Clean Energy Advances Murphy Lake South Uranium Project

MT Newswires • 2025-07-21T12:30:08Z

Period:

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	$116,994	$207,022	$90,187	$74,106
Total Expenses	$6,322,472	$4,143,366	$3,204,572	$2,519,211
Other Income Expense	$1,525,653	$1,775,004	$108,109	$3,268,402
Other Non Operating Income Expenses	$1,292,840	$86,249	$8,148	$700,559
Net Non Operating Interest Income Expense	$-116,994	$-207,022	$-89,251	$-67,781
Interest Expense Non Operating	$116,994	$207,022	$90,187	$74,106
Operating Expense	$6,322,472	$4,143,366	$3,204,572	$2,519,211
Other Operating Expenses	$238,621	$214,789	$295,341	$141,882
Selling And Marketing Expense	$2,965,129	$1,026,421	$606,640	$112,538
General And Administrative Expense	$3,118,722	$2,902,156	$2,302,591	$2,264,791
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$-4,913,812	$-2,575,383	$-3,185,715	$681,411
Net Interest Income	$-116,994	$-207,022	$-89,251	$-67,781
Interest Income	$0	$0	$936	$6,325
Normalized Income	$-5,165,638	$-4,339,476	$-3,285,675	$-859,295
Net Income From Continuing And Discontinued Operation	$-4,913,812	$-2,575,383	$-3,185,715	$681,411
Net Income Common Stockholders	$-4,913,812	$-2,575,383	$-3,185,715	$681,411
Net Income	$-4,913,812	$-2,575,383	$-3,185,715	$681,411
Net Income Including Noncontrolling Interests	$-4,913,812	$-2,575,383	$-3,185,715	$681,411
Net Income Continuous Operations	$-4,913,812	$-2,575,383	$-3,185,715	$681,411
Pretax Income	$-4,913,812	$-2,575,383	$-3,185,715	$681,411
Special Income Charges	$252,772	$1,439,955	$6,411	$2,592,436
Earnings From Equity Interest	$-19,012	$-75,337	$0	$0
Interest Income Non Operating	$0	$0	$936	$6,325
Operating Income	$-6,322,472	$-4,143,366	$-3,204,572	$-2,519,211
Gross Profit	-	-	-	-
Other
Tax Effect Of Unusual Items	$0	$0	$0	$1,027,137
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$-5,048,644	$-4,132,454	$-3,195,488	$-1,812,327
Total Unusual Items	$251,826	$1,764,092	$99,960	$2,567,843
Total Unusual Items Excluding Goodwill	$251,826	$1,764,092	$99,960	$2,567,843
EBITDA (Bullshit earnings)	$-4,796,818	$-2,368,362	$-3,095,528	$755,516
EBIT	$-4,796,818	$-2,368,362	$-3,095,528	$755,516
Diluted NI Availto Com Stockholders	$-4,913,812	$-2,575,383	$-3,185,715	$681,411
Other Special Charges	$-3,562	$-75,953	$-7,123	$-133,431
Write Off	$90,576	$0	$712	$34,192
Restructuring And Mergern Acquisition	$-339,787	$-1,364,002	$0	$0
Gain On Sale Of Security	$-947	$324,137	$93,549	$-24,592
Selling General And Administration	$6,083,851	$3,928,577	$2,909,232	$2,377,329
Other Gand A	$1,161,974	$1,486,197	$925,683	$1,411,942
Insurance And Claims	$239,648	$218,207	$190,687	-
Salaries And Wages	$1,717,100	$1,197,752	$1,186,222	$852,849
Gain On Sale Of Ppe	-	$0	$0	$2,493,197
Gain On Sale Of Business	-	$1,364,002	$0	$0
Impairment Of Capital Assets	-	-	-	-

Fetched: 2026-07-15

Balance Sheet (Annual)

Metric	2026-03-31	2025-03-31	2024-03-31	2023-03-31
Assets
Net Tangible Assets	$25,290,419	$17,446,867	$9,409,708	$7,399,539
Total Assets	$28,024,601	$19,761,107	$11,824,063	$9,474,465
Total Non Current Assets	$22,970,965	$15,942,569	$10,766,083	$8,907,904
Non Current Prepaid Assets	$39,175	$108,262	$13,699	$17,384
Non Current Note Receivables	$196,823	$370,418	$0	-
Investmentin Financial Assets	$899,243	$0	-	$2,066
Current Assets	$5,053,636	$3,818,538	$1,057,980	$566,560
Prepaid Assets	$160,580	$87,858	$242,725	$40,397
Receivables	$375,237	$165,161	$104,151	$116,861
Accounts Receivable	$375,237	$165,161	$104,151	$94,396
Cash Cash Equivalents And Short Term Investments	$4,517,819	$3,565,518	$711,104	$409,302
Cash And Cash Equivalents	$4,517,819	$3,565,518	$711,104	$409,302
Cash Financial	$4,517,819	$3,565,518	$711,104	$409,302
Financial Assets Designatedas Fair Value Through Profitor Loss Total	-	-	-	$2,066
Other Receivables	-	-	-	$22,465
Taxes Receivable	-	-	-	$94,396
Non Current Accounts Receivable	-	-	-	-
Debt
Total Debt	-	$371,392	$811,016	$919,705
Current Debt And Capital Lease Obligation	-	$371,392	$811,016	$919,705
Current Debt	-	$371,392	$811,016	$895,211
Other Current Borrowings	-	$371,392	$811,016	$846,973
Net Debt	-	-	$99,912	$485,908
Long Term Debt And Capital Lease Obligation	-	-	$0	$0
Long Term Debt	-	-	-	-
Liabilities
Total Liabilities Net Minority Interest	$2,734,182	$2,314,240	$2,414,355	$2,074,925
Total Non Current Liabilities Net Minority Interest	$0	$0	$467,970	$0
Current Liabilities	$2,734,182	$2,314,240	$1,946,385	$2,074,925
Other Current Liabilities	$1,893,251	$1,385,000	$8,310	-
Current Deferred Liabilities	$0	$339,787	$0	-
Payables And Accrued Expenses	$840,930	$218,061	$1,127,059	$1,155,220
Payables	$761,148	$178,051	$1,061,891	$933,679
Accounts Payable	$623,228	$66,751	$784,828	$630,238
Derivative Product Liabilities	-	$108,821	$467,970	$0
Current Notes Payable	-	-	$0	$48,238
Other Payable	-	-	$215,104	$222,964
Equity
Common Stock Equity	$25,290,419	$17,446,867	$9,409,708	$7,399,539
Total Equity Gross Minority Interest	$25,290,419	$17,446,867	$9,409,708	$7,399,539
Stockholders Equity	$25,290,419	$17,446,867	$9,409,708	$7,399,539
Gains Losses Not Affecting Retained Earnings	$2,347,047	$2,337,146	$1,753,819	$1,287,126
Retained Earnings	$-21,809,582	$-17,420,611	$-15,301,906	$-12,728,918
Long Term Equity Investment	$0	$273,349	$0	-
Other Equity Interest	-	-	$74,796	-
Other
Ordinary Shares Number	$11,597,341	$7,422,579	$3,709,884	$2,827,725
Share Issued	$11,597,341	$7,422,579	$3,709,884	$2,827,725
Tangible Book Value	$25,290,419	$17,446,867	$9,409,708	$7,399,539
Invested Capital	$25,290,419	$17,818,259	$10,220,724	$8,294,750
Working Capital	$2,319,454	$1,504,297	$-888,405	$-1,508,365
Total Capitalization	$25,290,419	$17,446,867	$9,409,708	$7,399,539
Capital Stock	$44,752,955	$32,530,332	$22,882,999	$18,841,331
Common Stock	$44,752,955	$32,530,332	$22,882,999	$18,841,331
Current Accrued Expenses	$79,782	$40,010	$65,168	$221,541
Dueto Related Parties Current	$137,920	$111,299	$61,960	$80,477
Investments And Advances	$899,243	$273,349	$0	$2,066
Available For Sale Securities	$899,243	-	-	-
Investmentsin Associatesat Cost	$0	$273,349	$0	-
Net PPE	$21,835,724	$15,190,540	$10,752,384	$8,888,455
Current Deferred Revenue	-	$339,787	$0	-
Treasury Shares Number	-	-	$0	-
Capital Lease Obligations	-	-	$0	$24,495
Long Term Capital Lease Obligation	-	-	$0	$0
Current Capital Lease Obligation	-	-	$0	$24,495
Other Investments	-	-	-	$0
Other Short Term Investments	-	-	-	$22,465

Fetched: 2026-07-15

Cash Flow Statement (Annual)

Metric	2026-03-31	2025-03-31	2024-03-31	2023-03-31
Free Cash Flow
Free Cash Flow	$-5,569,242	$-2,870,988	$-2,844,804	$-1,973,950
Operating Activities
Operating Cash Flow	$-5,408,965	$-2,692,933	$-2,703,170	$-1,763,836
Cash Flow From Continuing Operating Activities	$-5,408,965	$-2,692,933	$-2,703,170	$-1,763,836
Operating Gains Losses	$-325,052	$-1,719,745	$-126,314	$-2,621,214
Investing Activities
Capital Expenditure	$-160,277	$-178,055	$-141,634	$-210,114
Investing Cash Flow	$-6,238,838	$-1,904,392	$-1,670,157	$-568,324
Cash Flow From Continuing Investing Activities	$-6,238,838	$-1,904,392	$-1,670,157	$-568,324
Net Other Investing Changes	$-6,097,855	$-1,401,189	$-1,673,535	$-3,065,109
Financing Activities
Issuance Of Capital Stock	$9,504,830	$8,441,523	$5,020,350	$1,183,775
Financing Cash Flow	$12,600,104	$7,451,740	$4,675,128	$2,573,738
Cash Flow From Continuing Financing Activities	$12,600,104	$7,451,740	$4,675,128	$2,573,738
Net Other Financing Charges	$-727,436	$-481,228	$-267,424	$-70,966
Cash Dividends Paid	$0	$0	$0	$0
Net Common Stock Issuance	$9,504,830	$8,441,523	$5,020,350	$1,183,775
Common Stock Issuance	$9,504,830	$8,441,523	$5,020,350	$1,183,775
Other
Repayment Of Debt	$-363,245	$-427,405	$-98,676	$-51,023
End Cash Position	$4,517,819	$3,565,518	$711,104	$409,302
Beginning Cash Position	$3,565,518	$711,104	$409,302	$167,724
Changes In Cash	$952,301	$2,854,414	$301,801	$241,578
Interest Paid Cff	$-15,265	$-81,150	$-72,723	$0
Proceeds From Stock Option Exercised	$4,201,221	$0	$93,602	$809,767
Net Issuance Payments Of Debt	$-363,245	$-427,405	$-98,676	$651,163
Net Short Term Debt Issuance	$-363,245	$-427,405	$-73,165	$702,185
Short Term Debt Payments	$-363,245	$-427,405	$-73,165	-
Net Long Term Debt Issuance	$0	$0	$-25,511	$-51,023
Long Term Debt Payments	$0	$0	$-25,511	$-51,023
Interest Received Cfi	$19,294	$0	$0	-
Net Investment Purchase And Sale	$0	$0	$2,544	$0
Sale Of Investment	$0	$0	$2,544	$0
Net Business Purchase And Sale	$0	$-467,617	$0	$0
Purchase Of Business	$0	$-467,617	$0	$0
Net PPE Purchase And Sale	$-160,277	$-35,586	$834	$2,496,786
Sale Of PPE	$0	$142,468	$142,468	$2,706,900
Purchase Of PPE	$-160,277	$-178,055	$-141,634	$-210,114
Change In Working Capital	$149,267	$997,598	$-102,730	$259,549
Change In Payables And Accrued Expense	$427,738	$899,416	$105,668	$293,304
Change In Prepaid Assets	$-68,396	$159,193	$-198,643	$-543
Change In Receivables	$-210,075	$-61,011	$-9,755	$-33,212
Other Non Cash Items	$-1,291,638	$-17,192	$62,858	$-698,638
Stock Based Compensation	$881,693	$621,788	$648,730	$580,864
Asset Impairment Charge	$90,576	$0	$0	$34,192
Earnings Losses From Equity Investments	$19,012	$75,337	$0	$0
Gain Loss On Investment Securities	$640,630	$-355,127	$-119,190	$3,633
Gain Loss On Sale Of Business	$-984,694	$-1,364,002	$0	$0
Net Income From Continuing Operations	$-4,913,812	$-2,575,383	$-3,185,715	$681,411
Interest Paid Supplemental Data	-	$81,150	$72,723	$63,256
Income Tax Paid Supplemental Data	-	-	$0	$0
Gain Loss On Sale Of PPE	-	-	$0	$-2,493,197
Issuance Of Debt	-	-	-	$702,185
Short Term Debt Issuance	-	-	-	$702,185
Long Term Debt Issuance	-	-	-	-
Unrealized Gain Loss On Investment Securities	-	-	-	-

Fetched: 2026-07-15