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Foremost Lithium Resource & Technology Ltd. Common stock

Company price
0.8096 USD 0.12 ( 17.93%)
Last update at 2026-11-06T21:10:00Z
VOLUME
239624
Market Cap
13.43M

Momentum Score

…

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.

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Day Price Range
0.65
Low
0.81
High
52 Week Price Range
0.77
Low
4.57
High

Momentum Score

…
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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

Public disclosures on Foremost Lithium Resource & Technology Ltd. are limited; the company identifies itself as a lithium resource and technology firm listed on NASDAQ under FMST. Its long-term growth drivers may include rising global battery demand and progress toward developing commercial lithium resources or extraction techniques, which could make the company attractive to investors seeking exposure to the lithium supply chain.

Key risks include limited public information and apparent early-stage operations, high sensitivity to lithium price swings and financing availability, potential equity dilution, and execution and regulatory uncertainty around resource development or technology commercialization.

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
0.69
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.02
ROE
-25.67%
Net Debt
-6.36M
ROCE
-24.99%
Diluted EPS TTM
-0.43

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Income before tax -6.87M -3.62M -4.47M 0.96M -4.15M
Net income -6.92M -3.62M -4.47M 0.96M -4.15M
Selling general administrative 4.38M 3.77M 2.96M 3.18M 3.52M
Selling and marketing expenses 4.16M 1.44M 0.85M 0.16M 0.27M
Gross profit -0.02M - - -0.00M -
Ebit - -5.82M -4.47M -2.61M -3.26M
Ebitda -6.76M -3.32M -4.35M -2.54M -3.94M
Depreciation and amortization - - 3.30M 0.07M -0.68M
Operating income -8.90M -5.82M -4.50M -2.61M -3.26M
Other operating expenses 8.88M 5.82M 4.50M 3.54M 3.96M
Interest expense 0.02M 0.29M 0.13M 0.10M 0.11M
Interest income 0.00M 0.00M 0.00M 0.01M 0.02M
Net interest income -0.16M -0.29M -0.13M -0.10M -0.13M
Income tax expense 0.05M - -0.17M 1.02M 0.80M
Total revenue -0.02M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 8.88M 5.82M 4.50M 3.54M 3.96M
Cost of revenue - - - 0.00M -
Total other income expense net 2.03M 2.20M 0.03M 4.59M -0.09M
Net income from continuing ops -6.90M -3.62M -4.47M 0.96M -4.15M
Net income applicable to common shares - - - - -4.15M
Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total assets 39.44M 27.74M 16.60M 13.30M 7.92M
Other current assets 0.23M 0.12M 0.34M - -
Total liab 3.85M 3.25M 3.39M 2.91M 1.18M
Total stockholder equity 35.59M 24.49M 13.21M 10.39M 6.74M
Other current liab 2.96M 2.00M 0.49M - -
Common stock 62.99M 45.67M 32.12M - 24.16M
Capital stock 62.83M 45.67M 32.12M 26.45M 24.16M
Retained earnings -30.70M -24.46M -21.48M -17.87M -19.72M
Other assets - - 0.00M - 0.28M
Cash 6.36M 5.01M 1.00M 0.57M 0.24M
Total current liabilities 3.84M 3.10M 2.73M 2.91M 1.10M
Current deferred revenue - 0.48M -1.10M - -
Net debt -6.36M -4.48M 0.14M 0.68M -
Short term debt - 0.52M 1.14M - -
Short long term debt - 0.52M 1.14M 1.26M 0.01M
Short long term debt total - 0.52M 1.14M - -
Other stockholder equity - - 0.10M - 2.29M
Property plant equipment - - - - 7.19M
Total current assets 7.11M 5.36M 1.49M 0.80M 0.43M
Long term investments 1.26M 0.38M 0.00M 0.00M 0.04M
Net tangible assets - - - - 6.74M
Short term investments - - - 0.03M 0.06M
Net receivables 0.53M 0.23M 0.15M - 0.14M
Long term debt - - - - 0.04M
Accounts payable 0.87M 0.09M 1.10M 0.88M 0.60M
Accumulated other comprehensive income 3.30M 3.28M 2.46M - -
Non currrent assets other 0.33M 0.67M 0.02M - -
Non current assets total 32.25M 22.38M 15.11M 12.51M 7.48M
Capital lease obligations - - 0.00M 0.03M 0.10M
Breakdown 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2026-03-31 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Investments 0.00M -2.67M -2.34M -0.80M -0.89M
Change to liabilities - - - - 0.40M
Total cashflows from investing activities -8.78M -2.67M -2.34M - -0.89M
Net borrowings -0.51M -0.60M -0.14M - -0.07M
Total cash from financing activities 17.76M 10.46M 6.56M 3.61M 2.07M
Change to operating activities - - - - -0.27M
Net income -6.92M -3.62M -4.47M 0.96M -4.15M
Change in cash 1.51M 4.01M 0.42M 0.34M -0.16M
Begin period cash flow 4.85M 1.00M 0.57M 0.24M 0.39M
End period cash flow 6.36M 5.01M 1.00M 0.57M 0.24M
Total cash from operating activities -7.63M -3.78M -3.79M -2.48M -1.40M
Issuance of capital stock 13.34M 11.85M 7.05M 1.66M 0.59M
Other cashflows from investing activities 0.03M -1.77M 0.23M - 0.20M
Dividends paid 0.00M 0.00M 0.00M - -
Change to account receivables -0.30M -0.09M -0.01M -0.03M -0.03M
Other cashflows from financing activities - -0.79M -0.24M 2.02M 1.55M
Change to netincome - - - - 2.62M
Capital expenditures 0.00M 0.25M 2.58M 0.29M 0.22M
Change in working capital 0.21M 1.40M -0.32M 0.36M 0.13M
Stock based compensation 1.24M 0.87M 0.91M 0.82M 2.48M
Other non cash items -0.93M -2.44M 0.09M -4.61M 0.14M
Free cash flow -7.63M -4.03M -6.38M -2.77M -1.62M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
FMST
Foremost Lithium Resource & Technology Ltd. Common stock
0.12
17.93%
0.81 - - - 0.56 68.36
BHPLF
BHP Group Limited
-0.89
2.24%
38.92 19.59 15.20 3.72 3.95 7.44
BHP
BHP Group Limited
1.31
1.67%
79.89 19.28 15.06 3.66 3.92 7.42
RTNTF
Rio Tinto Group
-
-%
102.31 15.69 13.70 3.05 4.44 12.05
RTPPF
Rio Tinto Group
-
-%
83.55 13.01 11.99 2.53 2.38 6.57

Profile*

Foremost Lithium Resource & Technology Ltd. Common stock

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.

750 West Pender Street, Vancouver, BC, Canada, V7Y 1K3

604 330 8067

2

Name Title Year Born
Mr. Jason Barnard President, CEO & Director 1967
Mr. Sead Hamzagic CPA, CGA, CPA CFO & Corporate Secretary 1963
Ms. Christina Barnard Chief Operating Officer 1970
Mr. David Daniel Cates C.A., C.P.A., MAcc Interim President, Interim CEO & Director 1982
Mr. Cameron MacKay M.Sc., P.Geo. Vice President of Exploration 1989
Ms. Harpreet Bajaj B.Com., M.B.A. Corporate Secretary NA

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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