FMST
Foremost Clean Energy Ltd.
Price Chart
Latest Quote
$1.55
| Previous Close | $1.54 |
| Open | $1.57 |
| Day High | $1.61 |
| Day Low | $1.53 |
| Volume | 61,234 |
Stock Information
| Shares Outstanding | 16.28M |
| Cash Equivalents | $2.87M |
| Net Income | $-2.39M |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Market Cap | $25.23M |
| EPS (TTM) | $-0.10 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $18.54M |
| Income | $-2.39M |
| Book/sh | $1.67 |
| Cash/sh | $0.25 |
| Employees | 2 |
Financial Ratios
| Quick Ratio | 3.02 |
| Current Ratio | 3.23 |
Returns & Margins
| ROA | -7.97% |
| ROE | -11.18% |
Ownership
| Insider Ownership | 23.77% |
| Institutional Ownership | 1.15% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -3.52 |
| P/B | 0.93 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $1.61 |
| SMA50 | $1.68 |
| SMA200 | $2.36 |
| RSI | 38.20 |
| ATR | 0.1285 |
| Shares Float | 11.59M |
| Short Float | 1.07% |
| Short Ratio | 1.20 |
| Volatility | 2.97 |
| Rel Volume | 0.75 |
Performance History
| Week | -0.64% |
| Month | +0.00% |
| Quarter | -10.92% |
| 6 Months | -38.49% |
| YTD | -32.31% |
| Year | -53.03% |
| 10 Years | -62.06% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-22 | $1.55 | 61,200 |
| 2026-06-18 | $1.54 | 46,300 |
| 2026-06-17 | $1.53 | 75,400 |
| 2026-06-16 | $1.52 | 109,900 |
| 2026-06-15 | $1.61 | 48,900 |
| 2026-06-12 | $1.56 | 47,100 |
| 2026-06-11 | $1.57 | 77,900 |
| 2026-06-10 | $1.44 | 42,900 |
| 2026-06-09 | $1.49 | 118,400 |
| 2026-06-08 | $1.55 | 54,500 |
| 2026-06-05 | $1.50 | 152,900 |
| 2026-06-04 | $1.69 | 58,700 |
| 2026-06-03 | $1.69 | 132,200 |
| 2026-06-02 | $1.84 | 137,800 |
| 2026-06-01 | $1.76 | 74,400 |
| 2026-05-29 | $1.73 | 92,900 |
| 2026-05-28 | $1.71 | 65,800 |
| 2026-05-27 | $1.67 | 40,800 |
| 2026-05-26 | $1.63 | 127,100 |
About Foremost Clean Energy Ltd.
Foremost Clean Energy, an exploration stage company, explores and develops uranium and lithium assets in North America. It has an option agreement of approximately 70% interest in 10 properties encompassing over 330,000 acres in Saskatchewan's Athabasca Basin. The company also has an exploration permit for the Turkey Lake Uranium Project situated along the eastern edge of the Athabasca Basin. 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
Denison Mines Deepens Foremost Stake As Athabasca Uranium Options Grow
Simply Wall St. âĸ 2026-05-20T08:06:57ZForemost Clean Energy to Issue Shares to Denison Mines Under Investor Rights Agreement
MT Newswires âĸ 2026-05-19T13:58:11ZForemost Clean Energy Reports Higher-Grade Uranium Assays From Hatchet Lake Drill Program in Saskatchewan
MT Newswires âĸ 2025-10-29T15:24:59ZIs Denison Mines Corp. (DNN) a Good Buy Amid the Strong Interest in Uranium?
Insider Monkey âĸ 2025-10-11T15:54:57ZDenison Minesâ Increased Stake in Foremost Clean Energy Might Change The Case For Investing In Denison Mines (TSX:DML)
Simply Wall St. âĸ 2025-09-28T10:58:54ZHere is Why Denison Mines (DNN) Surged This Week
Insider Monkey âĸ 2025-09-25T04:23:14ZDenison Mines Corp. (DNN) Purchases 485,000 Common Shares of Foremost Clean Energy Ltd. at $2.20 per Share
Insider Monkey âĸ 2025-09-25T01:03:53ZForemost Clean Energy Turns Negative Even As Reports "Positive" Radon Survey From Wolverine Property, Saskatchewan
MT Newswires âĸ 2025-08-27T14:29:04ZForemost Clean Energy Advances Murphy Lake South Uranium Project
MT Newswires âĸ 2025-07-21T12:30:08ZForemost Clean Energy to Begin Drilling for Uranium at Murphy Lake South This Month
Insider Monkey âĸ 2025-07-09T11:20:23ZIncome Statement (Annual)
| Metric | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $0 | $0 | $0 | $0 |
| Operating Revenue | $0 | $0 | $0 | $0 |
| Reconciled Cost Of Revenue | - | - | - | - |
| Cost Of Revenue | - | - | - | - |
| Expenses | ||||
| Interest Expense | $206,173 | $89,817 | $73,802 | $79,794 |
| Total Expenses | $4,126,376 | $3,191,432 | $2,502,640 | $2,810,206 |
| Other Income Expense | $1,767,726 | $107,665 | $3,255,001 | $-66,307 |
| Other Non Operating Income Expenses | $85,895 | $8,115 | $697,687 | $4,203 |
| Net Non Operating Interest Income Expense | $-206,173 | $-88,885 | $-67,503 | $-68,238 |
| Interest Expense Non Operating | $206,173 | $89,817 | $73,802 | $79,794 |
| Operating Expense | $4,126,376 | $3,191,432 | $2,502,640 | $2,810,206 |
| Other Operating Expenses | $431,220 | $484,034 | $135,059 | $123,014 |
| Selling And Marketing Expense | $1,022,212 | $604,153 | $112,076 | $189,682 |
| General And Administrative Expense | $2,672,944 | $2,103,245 | $2,255,504 | $2,497,510 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-2,564,823 | $-3,172,652 | $678,617 | $-2,944,752 |
| Net Interest Income | $-206,173 | $-88,885 | $-67,503 | $-68,238 |
| Interest Income | $0 | $932 | $6,299 | $11,556 |
| Normalized Income | $-4,321,682 | $-3,272,202 | $-855,772 | $-2,874,241 |
| Net Income From Continuing And Discontinued Operation | $-2,564,823 | $-3,172,652 | $678,617 | $-2,944,752 |
| Net Income Common Stockholders | $-2,564,823 | $-3,172,652 | $678,617 | $-2,944,752 |
| Net Income | $-2,564,823 | $-3,172,652 | $678,617 | $-2,944,752 |
| Net Income Including Noncontrolling Interests | $-2,564,823 | $-3,172,652 | $684,858 | $-2,944,752 |
| Net Income Continuous Operations | $-2,564,823 | $-3,172,652 | $684,858 | $-2,944,752 |
| Pretax Income | $-2,564,823 | $-3,172,652 | $684,858 | $-2,944,752 |
| Special Income Charges | $1,434,051 | $6,385 | $2,581,805 | $-66,443 |
| Earnings From Equity Interest | $-75,028 | $0 | $0 | - |
| Interest Income Non Operating | $0 | $932 | $6,299 | $11,556 |
| Operating Income | $-4,126,376 | $-3,191,432 | $-2,502,640 | $-2,810,206 |
| Gross Profit | - | - | - | - |
| Per Share | ||||
| Diluted EPS | $-0.34 | $-0.70 | $0.17 | $-0.90 |
| Basic EPS | $-0.34 | $-0.70 | $0.18 | $-0.90 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $1,022,926 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-4,115,509 | $-3,182,385 | $-1,798,654 | $-2,794,447 |
| Total Unusual Items | $1,756,859 | $99,550 | $2,557,314 | $-70,511 |
| Total Unusual Items Excluding Goodwill | $1,756,859 | $99,550 | $2,557,314 | $-70,511 |
| EBITDA (Bullshit earnings) | $-2,358,651 | $-3,082,835 | $758,660 | $-2,864,957 |
| EBIT | $-2,358,651 | $-3,082,835 | $758,660 | $-2,864,957 |
| Diluted Average Shares | $5,329,369 | $3,205,411 | $2,789,930 | $2,324,508 |
| Basic Average Shares | $5,329,369 | $3,205,411 | $2,721,568 | $2,324,508 |
| Diluted NI Availto Com Stockholders | $-2,564,823 | $-3,172,652 | $678,617 | $-2,944,752 |
| Gain On Sale Of Ppe | $0 | $0 | $2,482,974 | $0 |
| Gain On Sale Of Business | $1,358,409 | $0 | $0 | - |
| Other Special Charges | $-75,641 | $-7,094 | $-132,884 | $66,443 |
| Write Off | $0 | $709 | $34,052 | $0 |
| Restructuring And Mergern Acquisition | $-1,358,409 | $0 | $0 | - |
| Gain On Sale Of Security | $322,808 | $93,165 | $-24,491 | $-4,068 |
| Selling General And Administration | $3,695,156 | $2,707,398 | $2,367,581 | $2,687,192 |
| Other Gand A | $1,480,103 | $921,887 | $1,406,152 | $470,351 |
| Salaries And Wages | $1,192,841 | $1,181,358 | $849,352 | $2,027,159 |
| Impairment Of Capital Assets | - | - | - | - |
Balance Sheet (Annual)
| Metric | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $17,375,451 | $9,371,191 | $7,369,251 | $4,782,771 |
| Total Assets | $19,680,219 | $11,775,663 | $9,435,683 | $5,617,292 |
| Total Non Current Assets | $15,877,311 | $10,722,014 | $8,871,442 | $5,309,318 |
| Non Current Prepaid Assets | $107,819 | $13,643 | $17,313 | $179,699 |
| Non Current Note Receivables | $368,902 | $0 | - | - |
| Current Assets | $3,802,907 | $1,053,649 | $564,241 | $307,974 |
| Prepaid Assets | $87,498 | $241,731 | $40,232 | $39,691 |
| Receivables | $164,485 | $103,724 | $116,383 | $101,245 |
| Accounts Receivable | $164,485 | $103,724 | $94,010 | $60,933 |
| Cash Cash Equivalents And Short Term Investments | $3,550,923 | $708,193 | $407,627 | $167,038 |
| Cash And Cash Equivalents | $3,550,923 | $708,193 | $407,627 | $167,038 |
| Cash Financial | $3,550,923 | $708,193 | $407,627 | $167,038 |
| Investmentin Financial Assets | - | - | $2,057 | $5,675 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | - | - | $2,057 | $5,675 |
| Other Receivables | - | - | $22,373 | $40,312 |
| Taxes Receivable | - | - | $94,010 | $60,933 |
| Non Current Accounts Receivable | - | - | - | $22,373 |
| Debt | ||||
| Total Debt | $369,872 | $807,696 | $915,941 | $102,044 |
| Current Debt And Capital Lease Obligation | $369,872 | $807,696 | $915,941 | $49,272 |
| Current Debt | $369,872 | $807,696 | $891,546 | $5,321 |
| Other Current Borrowings | $369,872 | $807,696 | $843,506 | $5,321 |
| Net Debt | - | $99,503 | $483,919 | - |
| Long Term Debt And Capital Lease Obligation | - | $0 | $0 | $52,771 |
| Long Term Debt | - | - | - | $28,377 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,304,767 | $2,404,472 | $2,066,432 | $834,521 |
| Total Non Current Liabilities Net Minority Interest | $108,375 | $466,055 | $0 | $52,771 |
| Derivative Product Liabilities | $108,375 | $466,055 | $0 | $0 |
| Current Liabilities | $2,196,392 | $1,938,418 | $2,066,432 | $781,749 |
| Other Current Liabilities | $1,270,955 | $8,276 | - | - |
| Current Deferred Liabilities | $338,396 | $0 | - | - |
| Payables And Accrued Expenses | $217,168 | $1,122,446 | $1,150,491 | $732,477 |
| Payables | $177,322 | $1,057,544 | $929,857 | $683,684 |
| Accounts Payable | $66,478 | $781,615 | $627,658 | $427,785 |
| Current Notes Payable | - | $0 | $48,040 | $0 |
| Other Payable | - | $214,223 | $222,051 | $185,646 |
| Equity | ||||
| Common Stock Equity | $17,375,451 | $9,371,191 | $7,369,251 | $4,782,771 |
| Total Equity Gross Minority Interest | $17,375,451 | $9,371,191 | $7,369,251 | $4,782,771 |
| Stockholders Equity | $17,375,451 | $9,371,191 | $7,369,251 | $4,782,771 |
| Gains Losses Not Affecting Retained Earnings | $2,327,580 | $1,746,641 | $1,281,858 | $1,627,703 |
| Retained Earnings | $-17,349,303 | $-15,239,271 | $-12,676,815 | $-13,987,819 |
| Long Term Equity Investment | $272,230 | $0 | - | - |
| Other Equity Interest | - | $74,490 | - | - |
| Other | ||||
| Ordinary Shares Number | $7,392,196 | $3,694,698 | $2,816,150 | $2,559,977 |
| Share Issued | $7,392,196 | $3,694,698 | $2,816,150 | $2,559,977 |
| Tangible Book Value | $17,375,451 | $9,371,191 | $7,369,251 | $4,782,771 |
| Invested Capital | $17,745,323 | $10,178,887 | $8,260,797 | $4,816,469 |
| Working Capital | $1,606,515 | $-884,769 | $-1,502,191 | $-473,775 |
| Total Capitalization | $17,375,451 | $9,371,191 | $7,369,251 | $4,811,148 |
| Capital Stock | $32,397,175 | $22,789,331 | $18,764,208 | $17,142,887 |
| Common Stock | $32,397,175 | $22,789,331 | $18,764,208 | $17,142,887 |
| Current Deferred Revenue | $338,396 | $0 | - | - |
| Current Accrued Expenses | $39,846 | $64,901 | $220,634 | $48,793 |
| Dueto Related Parties Current | $110,844 | $61,706 | $80,147 | $70,252 |
| Investments And Advances | $272,230 | $0 | $2,057 | $5,675 |
| Investmentsin Associatesat Cost | $272,230 | $0 | - | - |
| Net PPE | $15,128,360 | $10,708,371 | $8,852,071 | $5,101,570 |
| Treasury Shares Number | - | $0 | - | - |
| Capital Lease Obligations | - | $0 | $24,394 | $68,346 |
| Long Term Capital Lease Obligation | - | $0 | $0 | $24,394 |
| Current Capital Lease Obligation | - | $0 | $24,394 | $43,952 |
| Other Investments | - | - | $0 | $22,373 |
| Other Short Term Investments | - | - | $22,373 | $40,312 |
Cash Flow Statement (Annual)
| Metric | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-2,859,236 | $-2,833,159 | $-1,965,870 | $-1,151,043 |
| Operating Activities | ||||
| Operating Cash Flow | $-2,681,910 | $-2,692,105 | $-1,756,616 | $-994,948 |
| Cash Flow From Continuing Operating Activities | $-2,681,910 | $-2,692,105 | $-1,756,616 | $-994,948 |
| Operating Gains Losses | $-1,712,705 | $-125,797 | $-2,610,485 | $66,443 |
| Investing Activities | ||||
| Capital Expenditure | $-177,326 | $-141,054 | $-209,254 | $-156,094 |
| Investing Cash Flow | $-1,896,597 | $-1,663,321 | $-565,997 | $-585,777 |
| Cash Flow From Continuing Investing Activities | $-1,896,597 | $-1,663,321 | $-565,997 | $-585,777 |
| Net Other Investing Changes | $-1,395,453 | $-1,666,685 | $-3,052,563 | $-571,568 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $8,406,969 | $4,999,800 | $1,178,929 | $420,239 |
| Financing Cash Flow | $7,421,238 | $4,655,992 | $2,563,203 | $1,469,517 |
| Cash Flow From Continuing Financing Activities | $7,421,238 | $4,655,992 | $2,563,203 | $1,469,517 |
| Net Other Financing Charges | $-479,258 | $-266,329 | $-70,676 | $-1,266 |
| Cash Dividends Paid | $0 | $0 | $0 | - |
| Net Common Stock Issuance | $8,406,969 | $4,999,800 | $1,178,929 | $420,239 |
| Common Stock Issuance | $8,406,969 | $4,999,800 | $1,178,929 | $420,239 |
| Other | ||||
| Repayment Of Debt | $0 | $-25,407 | $-50,814 | $-50,814 |
| Interest Paid Supplemental Data | $80,818 | $72,425 | $62,997 | $0 |
| End Cash Position | $3,550,923 | $708,193 | $407,627 | $167,038 |
| Beginning Cash Position | $708,193 | $407,627 | $167,038 | $278,246 |
| Changes In Cash | $2,842,730 | $300,566 | $240,589 | $-111,208 |
| Interest Paid Cff | $-80,818 | $-72,425 | $0 | - |
| Proceeds From Stock Option Exercised | $0 | $93,219 | $806,452 | $1,101,359 |
| Net Issuance Payments Of Debt | $-425,656 | $-98,273 | $648,497 | $-50,814 |
| Net Short Term Debt Issuance | $-425,656 | $-72,866 | $699,311 | $0 |
| Net Long Term Debt Issuance | $0 | $-25,407 | $-50,814 | $-50,814 |
| Long Term Debt Payments | $0 | $-25,407 | $-50,814 | $-50,814 |
| Net Investment Purchase And Sale | $0 | $2,533 | $0 | $0 |
| Sale Of Investment | $0 | $2,533 | $0 | $0 |
| Net Business Purchase And Sale | $-465,703 | $0 | $0 | - |
| Purchase Of Business | $-465,703 | $0 | $0 | - |
| Net PPE Purchase And Sale | $-35,441 | $831 | $2,486,566 | $-14,209 |
| Sale Of PPE | $141,885 | $141,885 | $2,695,819 | $141,885 |
| Purchase Of PPE | $-177,326 | $-141,054 | $-209,254 | $-156,094 |
| Change In Working Capital | $993,514 | $-102,309 | $258,487 | $90,937 |
| Change In Payables And Accrued Expense | $895,734 | $105,236 | $292,103 | $284,046 |
| Change In Prepaid Assets | $158,541 | $-197,830 | $-541 | $-162,616 |
| Change In Receivables | $-60,761 | $-9,715 | $-33,076 | $-30,493 |
| Other Non Cash Items | $-17,121 | $62,601 | $-695,778 | $31,493 |
| Stock Based Compensation | $619,243 | $646,074 | $578,486 | $1,760,951 |
| Asset Impairment Charge | $0 | $0 | $34,052 | $0 |
| Earnings Losses From Equity Investments | $75,029 | $0 | $0 | - |
| Gain Loss On Investment Securities | $-353,673 | $-118,703 | $3,618 | - |
| Gain Loss On Sale Of Business | $-1,358,419 | $0 | $0 | - |
| Net Income From Continuing Operations | $-2,564,842 | $-3,172,674 | $678,621 | $-2,944,773 |
| Income Tax Paid Supplemental Data | - | $0 | $0 | $0 |
| Gain Loss On Sale Of PPE | - | $0 | $-2,482,992 | $0 |
| Issuance Of Debt | - | - | $699,311 | $46,611 |
| Short Term Debt Issuance | - | - | $699,311 | $0 |
| Long Term Debt Issuance | - | - | - | $46,611 |
| Unrealized Gain Loss On Investment Securities | - | - | - | $0 |