Foremost Clean Energy Ltd. (FMST)Basic Materials | Other Industrial Metals & Mining | Vancouver, Canada | NasdaqCM
1.11 USD
-0.06
(-5.128%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 1.13 +0.02 (1.802%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:49 a.m. EDT
The immediate outlook is severely clouded by a sharp technical breakdown; despite a minor recent bounce, the stock has surrendered nearly 40% of its value over the last two years and is currently trading well below its 50-day and 200-day moving averages, indicating persistent selling pressure. Fundamentally, the company is in distress with negative earnings, negative free cash flow, and a return on equity of -25%, suggesting the core business is failing to generate capital. While recent headlines highlight a strategic partnership with Denison Mines Corp. to gain majority interest in a uranium portfolio, this appears to be a restructuring event rather than a turnaround, evidenced by the appointment of an interim CEO and the issuance of shares to strengthen the treasury. With no dividend history and a forward P/E that implies continued losses, there is no margin of safety here; the market is pricing in significant uncertainty about whether the new management can monetize the assets quickly enough to stop the bleeding. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.105883 |
| AutoARIMA | 0.105883 |
| AutoTheta | 0.108636 |
| MSTL | 0.112311 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 1.97 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.596 |
| Excess Kurtosis | -0.38 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Market Cap | 19,260,880 |
| Forward P/E | -2.52 |
| Beta | 2.99 |
| Previous Name | Far Resources Ltd. |
| Website | https://foremostcleanenergy.com |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.61639345 |
| Address1 | 750 West Pender Street |
| Address2 | Suite 250 |
| All Time High | 7.299 |
| All Time Low | 0.55 |
| Ask | 1.44 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 100,980 |
| Average Daily Volume3 Month | 122,311 |
| Average Volume | 122,311 |
| Average Volume10Days | 100,980 |
| Beta | 2.992 |
| Bid | 0.8136 |
| Bid Size | 2 |
| Book Value | 1.5380747 |
| City | Vancouver |
| Compensation As Of Epoch Date | 1,798,675,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.11 |
| Current Ratio | 1.844 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 1.15 |
| Day Low | 1.11 |
| Display Name | Foremost Clean Energy |
| Earnings Timestamp End | 1,751,486,400 |
| Earnings Timestamp Start | 1,751,054,400 |
| Ebitda Margins | 0.0 |
| Enterprise Value | 15,714,420 |
| Eps Forward | -0.44 |
| Eps Trailing Twelve Months | -0.44 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.4835 |
| Fifty Day Average Change | -0.3735 |
| Fifty Day Average Change Percent | -0.25176945 |
| Fifty Two Week Change Percent | -61.639343 |
| Fifty Two Week High | 4.57 |
| Fifty Two Week High Change | -3.46 |
| Fifty Two Week High Change Percent | -0.75711155 |
| Fifty Two Week Low | 1.09 |
| Fifty Two Week Low Change | 0.01999998 |
| Fifty Two Week Low Change Percent | 0.018348606 |
| Fifty Two Week Range | 1.09 - 4.57 |
| Financial Currency | CAD |
| First Trade Date Milliseconds | 1,688,563,800,000 |
| Float Shares | 13,738,559 |
| Forward Eps | -0.44 |
| Forward P E | -2.5227273 |
| Free Cashflow | -10,742,992 |
| Full Exchange Name | NasdaqCM |
| Fullday Change | -0.0599999 |
| Fullday Change Percent | -5.1282 |
| Fullday Price | 1.13 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.27572 |
| Held Percent Institutions | 0.01114 |
| Implied Shares Outstanding | 17,352,143 |
| Industry | Other Industrial Metals & Mining |
| Industry Disp | Other Industrial Metals & Mining |
| Industry Key | other-industrial-metals-mining |
| Ipo Expected Date | 2,023-08-22 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,774,915,200 |
| Long Business Summary | 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. |
| Long Name | Foremost Clean Energy Ltd. |
| Market | us_market |
| Market Cap | 19,260,880 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_139317941 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-08-28 |
| Net Income To Common | -8,338,580 |
| Next Fiscal Year End | 1,806,451,200 |
| Non Diluted Market Cap | 19,382,475 |
| Open | 1.14 |
| Operating Cashflow | -7,658,659 |
| Operating Margins | 0.0 |
| Payout Ratio | 0.0 |
| Phone | 604 330 8067 |
| Post Market Change | 0.01999998 |
| Post Market Change Percent | 1.8018 |
| Post Market Price | 1.13 |
| Post Market Time | 1,787,959,804 |
| Prev Name | Far Resources Ltd. |
| Previous Close | 1.17 |
| Price Hint | 4 |
| Price To Book | 0.7216815 |
| Profit Margins | 0.0 |
| Quick Ratio | 1.723 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0599999 |
| Regular Market Change Percent | -5.1282 |
| Regular Market Day High | 1.15 |
| Regular Market Day Low | 1.11 |
| Regular Market Day Range | 1.11 - 1.15 |
| Regular Market Open | 1.14 |
| Regular Market Previous Close | 1.17 |
| Regular Market Price | 1.11 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 57,764 |
| Return On Assets | -0.08984 |
| Return On Equity | -0.2567 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 17,352,143 |
| Shares Percent Shares Out | 0.0101 |
| Shares Short | 175,855 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 187,889 |
| Short Name | Foremost Clean Energy Ltd. |
| Short Percent Of Float | 0.0127 |
| Short Ratio | 1.19 |
| Source Interval | 15 |
| State | BC |
| Symbol | FMST |
| Total Cash | 3,546,459 |
| Total Cash Per Share | 0.204 |
| Total Debt | 0 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.44 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.9413 |
| Two Hundred Day Average Change | -0.8313 |
| Two Hundred Day Average Change Percent | -0.42821822 |
| Type Disp | Equity |
| Volume | 57,764 |
| Website | https://foremostcleanenergy.com |
| Zip | V7Y 1K3 |