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Home CompaniesFar Resources Ltd

Far Resources Ltd

Basic Materials Other Industrial Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
1.1 CAD 0.17 ( 18.28%)
Last update at 2026-11-06T20:03:00Z
VOLUME
18526
Market Cap
40.05M

Momentum Score

…

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.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.95
Low
1.10
High
52 Week Price Range
0.87
Low
7.75
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Far Resources Ltd is a Canada-listed mineral exploration company focused on early-stage exploration targeting critical minerals for clean-energy applications. Long-term growth drivers include rising demand for those commodities, successful exploration converting prospects into resources, and project advancement toward development. The company may appeal to investors seeking leveraged exposure to potential resource discoveries.

Primary investment risks are high technical and execution risk common to junior explorers, limited revenue and operating cash flow requiring financing, permitting uncertainty, and sensitivity to commodity-price swings.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.93
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.03
ROE
-11.18%
Net Debt
0.14M
ROCE
-23.17%
Diluted EPS TTM
-0.14

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax -3.62M -4.47M 0.96M -4.15M -2.61M
Net income -3.62M -4.47M 0.96M -4.15M -2.61M
Selling general administrative 5.82M 4.50M 3.54M 3.93M 2.43M
Gross profit - - - - 0.00M
Ebit - - - -3.71M -2.35M
Ebitda - - 1.06M -4.00M -2.41M
Operating income -5.71M -4.49M -3.35M -3.93M -2.43M
Interest expense 0.29M 0.13M 0.10M 0.15M 0.20M
Interest income 2.17M 0.01M 0.13M 0.02M 0.02M
Net interest income -0.29M -0.13M -0.10M -0.13M -0.18M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 5.82M 4.50M 3.54M 3.93M 2.43M
Cost of revenue - - - - 0.00M
Total other income expense net 2.49M 0.15M 4.59M -0.09M -0.01M
Net income from continuing ops -3.62M -4.47M 0.96M -4.15M -2.61M
Net income applicable to common shares -3.62M -4.47M 0.96M -4.15M -2.61M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 27.74M 16.60M 13.30M 7.92M 6.69M
Other current assets - - 0.03M 0.06M 0.05M
Total liab 3.25M 3.39M 2.91M 1.18M 0.94M
Total stockholder equity 24.49M 13.21M 10.39M 6.74M 5.75M
Other current liab 1.79M 0.01M - - -
Common stock 45.67M 32.12M 26.45M 24.16M 20.17M
Capital stock 45.67M 32.12M 26.45M 24.16M 20.17M
Retained earnings -21.17M -19.02M -16.06M -19.72M -15.60M
Other assets 0.15M 0.02M 0.02M 0.28M 0.14M
Cash 5.01M 1.00M 0.57M 0.24M 0.39M
Total current liabilities 3.10M 2.73M 2.91M 1.10M 1.04M
Net debt - 0.14M 0.68M - -
Short term debt 0.52M 1.14M 1.22M 0.01M 0.01M
Short long term debt 0.52M 1.14M 1.26M 0.01M 0.01M
Short long term debt total - - - - 0.14M
Other stockholder equity - - - 2.29M 1.18M
Property plant equipment 21.32M 15.09M 12.48M 7.19M 6.26M
Total current assets 5.36M 1.49M 0.80M 0.43M 0.52M
Long term investments 0.38M 0.00M 0.00M 0.04M 0.10M
Net tangible assets - - - 6.74M 5.75M
Short term investments - - 0.03M 0.06M 0.05M
Net receivables 0.23M 0.15M 0.13M 0.09M 0.09M
Long term debt - - 0.00M 0.04M 0.04M
Accounts payable 0.09M 1.10M 0.88M 0.60M 0.54M
Non current assets total 22.38M 15.11M 12.51M 7.48M 6.18M
Capital lease obligations - 0.00M 0.03M 0.10M 0.15M
Long term debt total 0.00M 0.00M 0.00M 0.07M 0.14M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments -2.67M -2.34M -0.80M -0.89M -0.31M
Change to liabilities - - - 0.40M 0.03M
Total cashflows from investing activities -2.67M -2.34M -0.80M -0.89M -0.31M
Net borrowings -0.60M -0.14M 0.91M -0.07M -0.02M
Total cash from financing activities 10.46M 6.56M 3.61M 2.14M 1.51M
Change to operating activities - - - -0.27M -0.02M
Net income -3.62M -4.47M 0.96M -4.15M -2.61M
Change in cash 4.01M 0.42M 0.34M -0.16M 0.39M
Begin period cash flow 1.00M 0.57M 0.24M 0.39M 0.00M
End period cash flow 5.01M 1.00M 0.57M 0.24M 0.39M
Total cash from operating activities -3.78M -3.79M -2.48M -1.40M -0.80M
Issuance of capital stock 11.85M 7.05M 1.66M 0.59M 0.47M
Depreciation - - - - 0.00M
Other cashflows from investing activities -0.46M 0.24M 3.87M 0.20M 0.20M
Dividends paid 0.00M 0.00M 0.00M - -
Change to account receivables - - - - -0.02M
Sale purchase of stock 11.85M 7.28M 2.80M 2.14M 1.42M
Other cashflows from financing activities -0.79M -0.48M -0.10M 0.06M 0.06M
Change to netincome - - - 2.62M 1.80M
Capital expenditures 2.22M 2.58M 4.66M 1.09M 0.31M
Change in working capital 1.40M -0.17M 0.36M 0.13M 0.01M
Stock based compensation 0.87M 0.91M 0.82M 2.53M 1.78M
Other non cash items -0.02M 0.09M -0.98M 0.00M 0.01M
Free cash flow -4.03M -3.99M -2.77M -1.62M -0.97M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
FAT
Far Resources Ltd		 0.17
18.28%		 1.10 - - - 1.21 68.36
CACR-A
KWG Resources Inc.		 -0.01
2.56%		 0.38 - - - 9.82 88.66
ACM
Allied Critical Metals Inc.		 0.03
3.06%		 1.01 - - - 14.87 -
MAXX
Max Power Mining Corp		 0.16
8.47%		 2.05 - - - 26.86 -1.73
PHOS
First Phosphate Corp.		 0.06
3.82%		 1.63 - - - 7.88 -3.01

Profile*

Far Resources 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.

750 West Pender Street, Vancouver, BC, Canada, V6C 2T7

604 330 8067

https://foremostcleanenergy.com

2

Name Title Year Born
Mr. Jason Barnard President, CEO & Director 1966
Ms. Christina Barnard Chief Operating Officer 1970
Mr. Cameron MacKay M.Sc., P.Geo. Vice President of Exploration NA
Ms. Shayla Forster Corporate Secretary NA
Ms. Harpreet Bajaj B.Com., M.B.A. Corporate Secretary NA
Mr. Dong Hyun Shim B.A., B.B.A., CPA Chief Financial Officer 1984
Mr. Jason Barnard President, CEO & Director 1967

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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