Foremost Clean Energy Ltd.

Foremost Clean Energy Ltd.

FMST
Foremost Clean Energy Ltd.US flagNASDAQ Capital Market
1.65
USD
-0.02
- -
20.54MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-1.56
-0.4
-0.42
-1.31
-6.17
-1.31
-0.93
-0.93
-1.27
0.25
-0.99
-0.48
-0.53
-0.54
Free Cash Flow per Basic Share
-0.7
-0.4
-0.14
-0.66
-1.33
-0.69
-0.22
-0.35
-0.5
-0.72
-0.88
-0.54
-0.6
-0.61
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-4.4
-4.74
-4.07
-3.16
1.23
2.23
1.52
1.63
1.36
2.24
2.36
2.82
2.46
2.53
Tangible Book Value per Share
-0.01
0.02
-0.16
1.24
3.8
2.76
2.07
2.06
2.06
2.71
2.92
3.26
2.71
2.79
Basic Weighted Avg Shares
- -
- -
- -
1
2
2
2
3
3
4
5
8
13
13
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-1
- -
- -
-1
-11
-3
-2
-3
-4
1
-4
-4
-7
-7
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
3
- -
-1
-1
-1
-2
-1
2
3
3
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
- -
- -
1
7
6
5
6
7
10
13
24
36
36
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-38.1
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
14.67
- -
- -
- -
-8.06
Return on Common Equity (%)
- -
- -
- -
- -
- -
-80.65
-54.27
-62.91
-92.08
14.68
-46.53
-22.7
-25.83
-25.83

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
15
16
Market Capitalization
44
37
31

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
7
5
7
Cash, Cash Equivalents & STI
7
4
6
Accounts Receivable, Net
- -
- -
1
Inventories
- -
- -
- -
Total Current Liabilities
3
1
4
Payables & Accruals
1
- -
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-118.54%
45.78%
44.96%
Free Cash Flow
148.22%
55.56%
93.98%
Net Income, GAAP
69.96%
-112%
90.8%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.15
-0.39
-0.14
- -
-0.99
2025
-0.16
-0.28
-0.23
- -
-0.48
2026
0.04
-0.21
-0.13
- -
-0.53

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Jason Barnard
Full Time Employees
3
Sector
Basic Materials
Industry
Chemicals
Address
700 West Georgia Street Vancouver BC Canada V6C 2T7
IPO Date
Jul 24, 2023
Business
Foremost Clean Energy Ltd. (NASDAQ: FMST; CSE: FAT) is an emerging North American exploration-stage company that explores and develops uranium and lithium assets; its primary uranium portfolio consists of an option agreement to earn up to 70% interest in 10 properties spanning over 330,000 acres in Saskatchewan's Athabasca Basin, including drill-ready targets near world-class deposits such as McArthur River, Cigar Lake and IsoEnergy's Hurricane Deposit; its secondary lithium portfolio comprises projects at varying stages of development across more than 55,000 acres in Manitoba and Quebec. The company, formerly known as Foremost Lithium Resource & Technology Ltd., changed its name to Foremost Clean Energy Ltd. in September 2024 to reflect its strategic pivot toward uranium amid challenging lithium market conditions; in 2024, it secured an option agreement with Denison Mines Corp., which became its largest shareholder with a 19.12% stake and provided technical expertise through board appointments including Denison's President and CEO David Cates and planned addition of Vice President Legal Amanda Willett, alongside scientific advisors Jody Dahrouge and Andy Yackulic; it raised C$13.5 million through equity financing with C$2.4 million from insiders, appointed Dong Shim as Chief Financial Officer, and committed C$6.5 million to uranium exploration in 2025. Foremost is advancing systematic exploration programs in collaboration with Denison on its Athabasca Basin properties located in the high-potential Wollaston-Mudjatik Transition Zone; it plans to spin out its Winston Gold/Silver Project into Rio Grande Resources Ltd., distributing two RGR shares for each Foremost share pending shareholder approval at the December 2024 Annual General and Special Meeting and regulatory approvals, with court approval obtained in January 2025; the company also maintains a marketing agreement with Capital Property LLC to enhance investor awareness. Founded in 2005 and headquartered at 750 West Pender Street in Vancouver, British Columbia, Canada, Foremost targets the clean energy transition by supplying critical minerals for nuclear power and battery technologies to institutional and retail investors across North America.

Company News

APIChatGPT
  • Foremost Clean Energy (NASDAQ:FMST) Stock Price Down 14.1% – Time to Sell?

  • Foremost Clean Energy To Earn Majority Interest Across Athabasca Uranium Portfolio Under Denison Option Agreement

  • Foremost Clean Energy Receives Saskatchewan Exploration Incentive Funding to Advance Uranium Portfolio

  • Join Foremost Clean Energy's Exclusive Live Investor Webinar and Q&A Session on June 3, 2026

  • Foremost Clean Energy to Issue Shares to Denison Mines Corp. Under Investor Rights Agreement, Strengthening its Treasury

  • Foremost Clean Energy Announces Expansion of the Tuning Fork Uranium Zone at Hatchet Lake South

  • Foremost Clean Energy Advances CLK Uranium Property With Results of MobileMT and Ambient Noise Tomography Surveys Following up Historic High-Grade Showing

  • Analyzing Impala Platinum (OTCMKTS:IMPUY) and Foremost Clean Energy (NASDAQ:FMST)

  • Foremost Clean Energy Intersects High-Grade Unconformity Mineralization at Hatchet Lake South Project with 1.4m of 1.0% eU3O8 within 4.6m of 0.34% eU3O8

  • Foremost Clean Energy Closes Bought Deal Private Placement for Aggregate Gross Proceeds of C$5.7 Million

  • Foremost Clean Energy Announces Bought Deal Private Placement of $5.5 Million

  • Foremost Clean Energy (NASDAQ:FMST) and Canadian Zeolite (OTCMKTS:IZCFF) Head to Head Contrast

  • Foremost Clean Energy (NASDAQ:FMST) & South32 (OTCMKTS:SOUHY) Head-To-Head Contrast

  • Foremost Clean Energy Reports Final Results of 2025 Jean Lake Drill Program Including High Grade Gold Intercepts

  • Head to Head Survey: Foremost Clean Energy (NASDAQ:FMST) & Liberty Silver (OTCMKTS:BHLL)

  • Foremost Clean Energy Ltd. Announces Participation in Red Cloud's Pre-PDAC Mining Showcase

  • Foremost Clean Energy Announces 5,000-Metre Follow-Up Drill Program at Hatchet Lake Uranium Project

  • Foremost Clean Energy Engages RedChip Companies to Lead Investor Relations Efforts

  • Foremost Clean Energy Ltd. (NASDAQ:FMST) Short Interest Up 83.9% in December

  • Foremost Clean Energy Announces $9.0 Million 2026 Exploration Program