Foremost Clean Energy Ltd. logo

Foremost Clean Energy Ltd.

FMST

NASDAQBasic MaterialsChemicals

Previous close

$1.23

+$0.09 · +7.89%

Aug 21, 4:00 PM ET

FMST company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

25

Expensive

Momentum

41

Neutral

Sentiment

55

Mixed

Risk resilience

10

Extreme Risk

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Company profile

Company website

Foremost Clean Energy Ltd. primarily concentrates on the exploration of uranium and lithium deposits. The company's uranium ventures encompass the Eastern Athabasca and Blue Sky projects. Additionally, it oversees a secondary collection of lithium initiatives, specifically including Zoro, Jean Lake, Peg North, Grass River, and Jol. Its operations span two main geographical regions: Canada and the United States. This firm, established on July 7, 2005, has its corporate headquarters situated in Vancouver, Canada.

Industry
Chemicals
Sector
Basic Materials
Headquarters
CA
CEO
David D. Cates
Listed since
Jul 24, 2023
Employees
3

Market position

Day range

Current $1.23

52-week range

Current $1.23

Open
$1.19
Previous close
$1.14
Volume
37.52K
0.29× average
Average volume
128.27K
Average daily volume
Market cap
15.31M USD
Beta
3.02
Market reference 1
50-day average
$1.5149
-18.81% below average
200-day average
$1.9721
-37.63% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
25.72M CAD
P/E (TTM)
-2.8×
P/B (TTM)
0.77×
P/S (TTM)
EV / EBITDA
-3.81×
Earnings yield
-21.56%
Free cash flow yield
-23.80%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
0.00%
Operating margin
0.00%
Net margin
0.00%
Return on equity
-19.43%
Return on assets
-17.53%
Return on invested capital
-25.05%

Financial health

Debt / equity
Current ratio
1.85×

Financial statements

Income trends

Operating income

−8.9M CAD-52.99%

Net income

−6.92M CAD-91.29%
Income trends across reported periods1.94M CAD−2M CAD−5.94M CAD−9.88M CADOperating income, FY2022: −3.96M CADOperating income, FY2023: −3.53M CADOperating income, FY2024: −4.5M CADOperating income, FY2025: −5.82M CADOperating income, FY2026: −8.9M CADNet income, FY2022: −4.15M CADNet income, FY2023: 956.58K CADNet income, FY2024: −4.47M CADNet income, FY2025: −3.62M CADNet income, FY2026: −6.92M CADFY2022FY2023FY2024FY2025FY2026
Operating income FY2022 −3.96M CAD. Operating income FY2023 −3.53M CAD. Operating income FY2024 −4.5M CAD. Operating income FY2025 −5.82M CAD. Operating income FY2026 −8.9M CAD. Net income FY2022 −4.15M CAD. Net income FY2023 956.58K CAD. Net income FY2024 −4.47M CAD. Net income FY2025 −3.62M CAD. Net income FY2026 −6.92M CAD.
Metric (CAD)FY2026FY2025FY2024FY2023FY2022
Revenue−22.94K CAD
Gross profit−22.94K CAD
Selling, general, and administrative8.54M CAD5.21M CAD3.82M CAD3.34M CAD3.79M CAD
Operating expenses8.88M CAD5.82M CAD4.5M CAD3.53M CAD3.96M CAD
Interest income1.31K CAD8.88K CAD16.29K CAD
Interest expense15.03K CAD290.62K CAD126.61K CAD104.03K CAD112.48K CAD
Operating income−8.9M CAD−5.82M CAD−4.5M CAD−3.53M CAD−3.96M CAD
Net income−6.92M CAD−3.62M CAD−4.47M CAD956.58K CAD−4.15M CAD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
50%
2 beats, 2 misses, 0 met estimates
Average EPS surprise
+1382.36%
4 comparable reports
Latest EPS result
-0.04
Estimate -0.12 · Beat by 67.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates8.125.132.14-0.85Q1 '25MissQ2 '25BeatQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual -0.23, estimate -0.16, surprise -43.75%, Miss. Q2 2025, reported Jun 27, 2025: actual 7.5, estimate -0.137, surprise +5593.30%, Beat. Q3 2025, reported Jul 2, 2025: actual -0.16, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 13, 2025: actual -0.21, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 11, 2026: actual -0.13, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 29, 2026: actual -0.13, estimate -0.069, surprise -87.10%, Miss. Q3 2026, reported Aug 11, 2026: actual -0.04, estimate -0.121, surprise +67.00%, Beat. Q4 2026, reported Nov 20, 2026: actual —, estimate -0.121, surprise —, Comparison unavailable.

FMST news

Corporate actions

Corporate action history

Stock split

Effective Jul 5, 2023

1:50

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