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How to Buy Foremost Lithium Resource & Technology Stock

Foremost Lithium Resource & Technology Ltd

Foremost Lithium Resource & Technology Ltd. , an exploration stage company, engages in the identification and development of mineral properties in Canada and the United States.

Foremost Lithium Resource & Technology stock last closed at $2.51, down 3.46% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Uranium industry by N/A percentage points. Foremost Lithium Resource & Technology stock is currently +41.81% from its 52-week low of $1.77, and -48.78% from its 52-week high of $4.90.

At the moment, there are 4.87M FMST shares outstanding. The market cap of FMST is $12.21M. In the past 24 hours, 8259 FMST shares were traded.

How to Buy Foremost Lithium Resource & Technology Stock

Wondering how to invest in Foremost Lithium Resource & Technology stock? Here's how.
  1. Decide where to buy Foremost Lithium Resource & Technology stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Foremost Lithium Resource & Technology stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Select your method of payment and add your information.
  4. Analyze Foremost Lithium Resource & Technology stock: The Foremost Lithium Resource & Technology ticker symbol is FMST. Is Foremost Lithium Resource & Technology stock a good investment? Should you buy shares of FMST? How do FMST's underlying business fundamentals look? Do top analysts think Foremost Lithium Resource & Technology is a good buy? Why has FMST's stock price moved recently? (Hint: Our stock research tools can help you evaluate if FMST is a good stock to buy).
  5. Make your FMST trade: Decide if you will purchase FMST shares at the current market price or use a limit order to buy FMST shares at a particular price.
  6. Watch your FMST position: Create a watchlist to key updates about your new investment in Foremost Lithium Resource & Technology shares.

Step 1: Decide where to buy Foremost Lithium Resource & Technology stock

You need an online brokerage account in order to access the NASDAQ market and buy FMST stock.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the best brokerage, the next step is to fill out some personal information so you can buy FMST stock today.

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  2. Provide your personal details to open a new brokerage account.
  1. Send your details by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you've finished signing up on the best stock trading app, you need to deposit funds:

Watch the video below if you need help depositing money into your investment account.

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Step 4: Analyze Foremost Lithium Resource & Technology stock

Once you have decided on the best place to buy Foremost Lithium Resource & Technology stock, it's absolutely critical to evaluate their stock prior to investing, so you actually comprehend the risk as well as the upside.

Overview of key FMST info

FMST Price
$2.51
1w %
-1.18%
1y %
N/A
5y %
N/A
P/E
-7.87x
P/B
1.26x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$1.95M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$12.21M
Next Earnings
N/A
Next Dividend
N/A

FMST Due Diligence Checks

WallStreetZen was created to help everyday investors perform better fundamental analysis in less time.

You can see all of the due diligence checks on FMST's stock page.

Is FMST stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge FMST's true value.

Using relative valuations metrics:

  • FMST may be undervalued based on its P/B ratio of 1.26x, relative to Uranium industry P/B ratio of 4.57x

You can do more valuation research on FMST's stock here.

FMST Financial Health Overview

Passed Financial Due Diligence Checks:

  • FMST has a low debt to equity ratio of 0.16.
  • There are more short-term assets than long-term liabilities on the FMST balance sheet.

Failed Financial Due Diligence Checks:

  • FMST has $1.08M in cash and short term investments. This is not sufficient to cover its annual cash burn of $4.24M.
  • FMST has cash burn of 4241508. It does not have sufficient cash and short-term investments to cover this.
  • There are more short-term liabilities than short-term assets on the FMST balance sheet.

FMST Technicals

SMA10
2.57
SMA20
2.56
SMA50
2.67
SMA100
2.69
SMA200
N/A
MACD
-0.04
MACD Signal
-0.04
MACD Histogram
0
RSI
44.17
Stochastic %K
63.33
Stochastic %D
62.18
StochRSI %K
57.4
StochRSI %D
59.76

Latest Insiders Trades at FMST

In the last 12 months, insiders at FMST have not bought or sold any shares.

Dig into more about who owns FMST shares here.

Does FMST provide a stable income stream?

No, Foremost Lithium Resource & Technology doesn't provide an income stream by paying out dividends.

FMST Social Trading Data

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your FMST trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount, use a limit order.

Hit the Open Trade button and eToro will execute the order.

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Step 6: Watch your FMST position

Now that you own some FMST shares, you'll want to stay up-to-date on your new investment.

Put FMST on a watchlist to get the latest updates about your FMST stock.

FMST Feed

How to Buy Stock in Foremost Lithium Resource & Technology

To reiterate, here are the 6 steps for buying Foremost Lithium Resource & Technology stock:

  1. Decide where to buy Foremost Lithium Resource & Technology stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Foremost Lithium Resource & Technology stock
  5. Make your FMST trade
  6. Watch your FMST position

If you require a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Foremost Lithium Resource & Technology, create a watchlist today.

NASDAQ: FMST
$2.51-0.09 (-3.46%)
Updated May 10, 2024
Open eToro Account
NASDAQ: FMST
$2.51-0.09 (-3.46%)
Updated May 10, 2024
Open eToro Account

FAQ

How much does it cost to buy one Foremost Lithium Resource & Technology share?

As of May 10, 2024, it costs $2.51 to buy one share of Foremost Lithium Resource & Technology stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.398 shares of FMST.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Foremost Lithium Resource & Technology stock?

One way to place an order for Foremost Lithium Resource & Technology stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.