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NASDAQ: FMST
Foremost Lithium Resource & Technology Ltd Stock

$2.65+0.05 (+1.92%)
Updated Apr 26, 2024
FMST Price
$2.65
Fair Value Price
-$0.13
Market Cap
$12.90M
52 Week Low
$1.77
52 Week High
$4.90
P/E
-8.31x
P/B
1.33x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$1.98M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.16
Operating Cash Flow
-$2M
Beta
1.29
Next Earnings
May 1, 2024
Ex-Dividend
N/A
Next Dividend
N/A

FMST Overview

Foremost Lithium Resource & Technology Ltd., an exploration stage company, engages in the identification and development of mineral properties in Canada and the United States. It explores for lithium, silver, and gold properties. The company has 100% interests in the Zoro Lithium project that consists of 16 claims covering an area of approximately 3,003 hectares located in the Snow Lake, Manitoba; the Winston property that consists of 140 unpatented mining claims and 2 patented Ivanhoe and Emporia lode mining claims covering an area of approximately 2,800 acres located in Sierra County, New Mexico; and the Lac Simard South property comprising 60 claims covering an area of approximately 3,485 hectares located in the Province of Quebec. It also holds an option agreement to acquire a 100% interest in the Jean Lake lithium-gold project that consists of 5 mineral claims covering an area of approximately 1002 hectares located to the north of Winnipeg; Grass River property, which consists of 29 claims covering an area of approximately 6,299 hectares located in the Snow Lake, Manitoba, as well as Peg North property that comprises 28 mineral claims covering an area of approximately 6,757 hectares located in the Snow Lake, Manitoba. The company was formerly known as Far Resources Ltd. and changed its name to Foremost Lithium Resource & Technology Ltd. in January 2022. Foremost Lithium Resource & Technology Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.

Zen Score

Industry Average (28)
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Due Diligence Checks

FMST ($2.65) is overvalued by 2,085.38% relative to our estimate of its Fair Value price of -$0.13 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
FMST ($2.65) is not significantly undervalued (2,085.38%) relative to our estimate of its Fair Value price of -$0.13 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
FMST is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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FMST News

Valuation

FMST fair value

Fair Value of FMST stock based on Discounted Cash Flow (DCF)
Price
$2.65
Fair Value
-$0.13
Undervalued by
2,085.38%
FMST ($2.65) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
FMST ($2.65) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
FMST is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

FMST price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-8.31x
Industry
3.08x
Market
41.14x

FMST price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.33x
Industry
4.52x
FMST is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FMST's financial health

Profit margin

Revenue
$0.0
Net Income
-$492.4k
Profit Margin
0%
FMST's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$11.4M
Liabilities
$1.6M
Debt to equity
0.16
FMST's short-term liabilities ($1.35M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FMST's short-term assets ($1.35M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FMST's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$631.5k
Investing
-$117.0k
Financing
$51.8k
FMST's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

FMST vs Uranium Stocks

TickerMarket Cap1d %P/EP/B
FMST$12.90M+1.92%-8.31x1.33x
UROY$265.86M+3.52%53.41x1.50x
URG$475.95M+3.68%-14.08x6.36x
LEU$651.64M+1.66%7.49x20.17x
EU$736.50M+1.59%-27.88x2.56x

Foremost Lithium Resource & Technology Stock FAQ

What is Foremost Lithium Resource & Technology's quote symbol?

(NASDAQ: FMST) Foremost Lithium Resource & Technology trades on the NASDAQ under the ticker symbol FMST. Foremost Lithium Resource & Technology stock quotes can also be displayed as NASDAQ: FMST.

If you're new to stock investing, here's how to buy Foremost Lithium Resource & Technology stock.

What is the 52 week high and low for Foremost Lithium Resource & Technology (NASDAQ: FMST)?

(NASDAQ: FMST) Foremost Lithium Resource & Technology's 52-week high was $4.90, and its 52-week low was $1.77. It is currently -45.92% from its 52-week high and 49.72% from its 52-week low.

How much is Foremost Lithium Resource & Technology's stock price per share?

(NASDAQ: FMST) Foremost Lithium Resource & Technology stock price per share is $2.65 today (as of Apr 26, 2024).

What is Foremost Lithium Resource & Technology's Market Cap?

(NASDAQ: FMST) Foremost Lithium Resource & Technology's market cap is $12.90M, as of Apr 28, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Foremost Lithium Resource & Technology's market cap is calculated by multiplying FMST's current stock price of $2.65 by FMST's total outstanding shares of 4,866,417.
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