Foremost Lithium Resource & Technology (FMST) Stock Price, News & Analysis

Company Overview

Foremost Lithium Resource & Technology Ltd., an exploration stage company, engages in the hard-rock exploration and acquisition of lithium properties in Canada. Its lithium properties cover approximately 43,000 acres in Snow Lake, Manitoba, and hosts a Lac Simard South property in a lithium camp situated on approximately 11,400 acres in Quebec. The company's flagship lithium lane projects, as well as its Lac Simard South project are located at the tip of the NAFTA superhighway. It also has Winston gold/silver property in New Mexico, the United States. The company was formerly known as Far Resources Ltd. and changed its name to Foremost Lithium Resource & Technology Ltd. in January 2022. Foremost Lithium Resource & Technology Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: $1.45 to $1.64
• 50-Day Range: $1.37 to $2.72
• 52-Week Range: $1.32 to $3.50
• Volume: 2,269 shs
• Average Volume: 23,373 shs
• Market Capitalization: $11.67 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

FMST Stock Analysis - Frequently Asked Questions

How have FMST shares performed this year?

Foremost Lithium Resource & Technology's stock was trading at $2.50 at the start of the year. Since then, FMST shares have decreased by 36.0% and is now trading at $1.60.
View the best growth stocks for 2024 here.

When did Foremost Lithium Resource & Technology IPO?

Foremost Lithium Resource & Technology (FMST) raised $8 million in an IPO on Tuesday, August 8th 2023. The company issued 1,500,000 shares at $5.00-$6.00 per share. ThinkEquity acted as the underwriter for the IPO.

How do I buy shares of Foremost Lithium Resource & Technology?

Shares of FMST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Foremost Lithium Resource & Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Foremost Lithium Resource & Technology investors own include Labor Smart (LTNC), NVIDIA (NVDA), Acrivon Therapeutics (ACRV), Aurora Innovation (AUR), Insmed (INSM), Processa Pharmaceuticals (PCSA) and Integrated Media Technology (IMTE).

Company Calendar

• Today: 12/20/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Miscellaneous metal ores
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NASDAQ:FMST
• CUSIP: N/A
• CIK: 1935418
• Web: foremostlithium.com
• Phone: 604-330-8067
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.66)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-3,320,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -35.02%
• Return on Assets: -28.05%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.14
• Quick Ratio: 0.14

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 7,292,000
• Free Float: N/A
• Market Cap: $11.67 million
• Optionable: Not Optionable
• Beta: 2.40