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: $1.43 to $1.67
• 50-Day Range: $1.37 to $2.72
• 52-Week Range: $1.32 to $3.83
• Volume: 12,996 shs
• Average Volume: 23,042 shs
• Market Capitalization: $10.85 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Foremost Lithium Resource & Technology Stock Analysis - MarketRank™

Foremost Lithium Resource & Technology scored higher than 3% of companies evaluated by MarketBeat, and ranked 194th out of 197 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Foremost Lithium Resource & Technology.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Foremost Lithium Resource & Technology is -2.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Foremost Lithium Resource & Technology is -2.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.05% of the float of Foremost Lithium Resource & Technology has been sold short.

Short Interest Ratio / Days to Cover

Foremost Lithium Resource & Technology has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in Foremost Lithium Resource & Technology has recently increased by 8.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Foremost Lithium Resource & Technology does not currently pay a dividend.

Dividend Growth

Foremost Lithium Resource & Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.05% of the float of Foremost Lithium Resource & Technology has been sold short.

Short Interest Ratio / Days to Cover

Foremost Lithium Resource & Technology has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in Foremost Lithium Resource & Technology has recently increased by 8.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.84

News Sentiment

Foremost Lithium Resource & Technology has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Foremost Lithium Resource & Technology this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Foremost Lithium Resource & Technology insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.13% of the stock of Foremost Lithium Resource & Technology is held by institutions.

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 stock has decreased by 40.5% and is now trading at $1.4885.
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.
Compare Top Brokerages Here.

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: 12/18/2024
• 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: $10.85 million
• Optionable: Not Optionable
• Beta: 2.40