Foremost Clean Energy Ltd. FMST

0.72 0.00 0.00% as of 25 Sep
Market cap
$12.5M
P/E
0.0×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 19.52%

Capital & Financial Ratios

Market Cap 12.49
Revenue —
Net Income (6.03)
Free Cash Flow (12.06)
Net Debt (2.56)
Current Ratio 2.53
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 0.46
Past 5Y EPS Growth 5.97%
This Y EPS Growth 41.27%
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2024 2025 2026 Q'26
Cash 1 4 5 3
Receivables 0 0 0 0
Inventory — — — —
Other — — — —
1 4 5 3
2024 2025 2026 Q'26
Payables 1 0 1 1
ST’ Debt — — — —
Other 0 1 1 1
2 2 2 1
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 41.29% 48.43%

Revenue

Year
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Jun Sep Dec Mar Year
’26 (1) — — — —
’26 (1) (2) (1) (1) (5)
’25 (1) 0 (2) 0 (3)
’24 0 (1) (1) (1) (3)
’23 0 0 2 (3) (2)
’22 0 0 0 (1) (1)
’21 — — — — (1)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Jun Sep Dec Mar Year
’26 (3) — — — —
’26 (3) (3) (4) (2) (12)
’25 (1) 0 (2) (1) (4)
’24 0 (2) (1) (2) (5)
’23 (1) (1) 2 (1) (3)
’22 0 0 (1) (1) (2)
’21 — — — — (1)
in millions of $ · fiscal quarters ending in the months shown

EPS

Jun Sep Dec Mar Year
’26 (0.04) — — — —
’26 0.03 (0.15) (0.10) (0.13) (0.38)
’25 (0.12) (0.21) (0.16) (0.11) (0.34)
’24 (0.11) (0.29) (0.10) (0.23) (0.73)
’23 0.00 0.00 0.01 0.18 0.18
’22 0.00 0.00 0.00 (0.01) (0.02)
’21 — — — — (0.74)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
2.63 1.89 0.85 0.51 3.62 4.26 1.77 1.32 0.55 0.71

Analyst estimates 2027–2029

Powerpack
Low Price
40.31 44.00 6.69 4.51 12.27 20.75 10.00 3.50 5.74 2.79
High Price
— — — — — 2 2 2 3 3
Employees
— — — — — 0 0 0 0 0
Revenue/Emp
— — — — — — — — — —
Revenue
— — — 0.00% — — — — — —
Gross Margin
— — (2) (2) (2) (3) 1 (3) (3) (5)
EBT
— — 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBT Margin
— — (2) (2) (2) (3) 1 (3) (3) (5)
Net Income
— — — 0 — — — — — —
Depreciation
— — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Revenue/Sh
— — (0.98) (0.64) (0.74) (0.02) 0.19 (0.73) (0.34) (0.38)
Earnings/Sh
— — (0.45) (0.12) (0.23) (0.01) (0.49) (0.62) (0.36) (0.42)
Cash Flow/Sh
— — 0.00 0.00 0.00 0.00 (0.17) (0.39) (0.19) (0.49)
Capex/Sh
— — (0.45) (0.12) (0.23) (0.01) (0.66) (1.01) (0.55) (0.90)
Free CF/Sh
— — 2.06 1.44 1.63 0.03 2.05 2.17 2.34 1.96
Book Value/Sh
— — 2 2 3 164 4 5 8 13
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — — — — — —
PB Ratio
— — — — — — — — — —
EV/Sales
— — — — — — — — — —
EV/FCF
— — (1) 0 (1) (1) (2) (3) (3) (5)
Op' Cash Flow
— — (2) 0 0 (1) (1) (2) (1) (6)
Capex
— — (1) 0 (1) (2) (3) (5) (4) (12)
FCF
— — 0 0 0 (1) (2) (1) 2 3
Working Cap'
— — 0 0 0 0 1 — — —
Total Debt
— — 0 0 0 0 0 (1) (4) (5)
Net Debt
— — 4 4 5 5 8 10 18 26
Sh' Equity
— — 0.00% (35.44%) (43.82%) (56.95%) 8.84% (29.64%) (16.12%) (20.63%)
ROA
— — 0.00% 0.00% 0.00% (39.03%) (23.26%) (23.02%) (18.65%) (19.02%)
ROIC
— — 0.00% (40.53%) (51.14%) (66.62%) 10.93% (37.57%) (18.97%) (23.06%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Foremost Clean Energy Ltd. (FMST) key facts

  • Foremost Clean Energy Ltd. (FMST) is an Other Industrial Metals & Mining company in the Basic Materials sector, listed on Nasdaq.
  • As of September 25, 2026, FMST traded at $0.72, a market capitalization of $12.5 million.
  • Return on equity was −23.1% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Foremost Clean Energy Ltd. (FMST) Latest News

News by impact score

Fine-tune

28 Aug

3

Foremost Clean Energy Ltd. filed an Early Warning Report with respect to Rio Grande Resources. Ownership disclosure regarding Rio Grande Resources may shift short-term investor views on FMST positioning.

21 Jul

3

Foremost Clean Energy Ltd. appoints David Cates as Interim CEO. Interim CEO appointment may shift near-term strategy and investor sentiment at Foremost Clean Energy.

9 Jul

4

Foremost Clean Energy gains majority interest across Athabasca Uranium Portfolio via Denison option agreement. Option agreement grants Foremost majority stakes in key Athabasca uranium assets, materially expanding its resource base and strategic position.

23 Jun

4

Foremost Clean Energy Ltd. (FMST) targets expansion in Athabasca basin after reporting uranium success at Hatchet Lake project. Uranium discovery success at Hatchet Lake directly supports major growth strategy and lifts company prospects in key exploration region.

17 Jun

3

Foremost Clean Energy Ltd. (FMST) receives Saskatchewan Exploration Incentive Funding to advance uranium portfolio. Saskatchewan funding supports uranium exploration and advances core operations.

20 May

4

Denison Mines increases its stake in Foremost Clean Energy Ltd. while expanding uranium exploration options in the Athabasca region. Denison's larger stake provides direct capital and validation for Foremost's Athabasca uranium assets, likely lifting valuation and investor interest.

13 May

4

Foremost Clean Energy Ltd. (FMST) announces expansion of the Tuning Fork Uranium Zone at Hatchet Lake South. Expansion of a key uranium exploration zone boosts FMST's resource potential and strengthens its position in the clean energy sector.

5 May

4

Foremost Clean Energy Ltd. (FMST) advances its CLK Uranium Property with MobileMT and Ambient Noise Tomography survey results, following up on a historic high-grade uranium showing. Survey results advancing a high-grade uranium property represent a major strategic exploration milestone that could significantly enhance FMST's resource potential and market valuation.

15 Apr

4

Foremost Clean Energy Ltd. (FMST) intersected high-grade unconformity mineralization at Hatchet Lake South Project, including 1.4m of 1.0% eU3O8 within 4.6m of 0.34% eU3O8. High-grade uranium intercepts advance exploration success and boost investor sentiment for FMST's project potential.

31 Mar

4

Foremost Clean Energy Ltd. (FMST) closed a bought deal private placement for aggregate gross proceeds of C$5.7 million. Securing C$5.7 million in funding via private placement bolsters Foremost Clean Energy Ltd.'s financial position and supports future growth in clean energy operations.

17 Mar

4

Foremost Clean Energy Ltd. (FMST) announces a bought deal private placement to raise $5.5 million. Raising $5.5 million via bought deal private placement provides major capital infusion to fuel growth and enhance financial position.

2 Mar

4

Foremost Clean Energy Ltd. (FMST) has commenced its 2026 winter diamond drill program at the Hatchet Lake Uranium Project. Launching a winter diamond drill program advances key uranium exploration efforts, potentially enhancing resource discovery and market valuation.

27 Feb

4

Foremost Clean Energy Ltd. (FMST) signed an exploration agreement with the Kiciwapa Cree Nation in Manitoba. Signing the exploration agreement secures indigenous partnership and access to Manitoba land, marking a significant strategic step for FMST's clean energy development.

26 Feb

4

Foremost Clean Energy Ltd. (FMST) reported results from its historic core sampling program at the Jean Lake Property. Historic core sampling results signal major progress in resource exploration, likely boosting FMST's valuation and investor sentiment.

25 Feb

4

Foremost Clean Energy Ltd. (FMST) announced final results from its 2025 Jean Lake Drill Program, including high-grade gold intercepts. High-grade gold intercepts from the Jean Lake drill program represent a major exploration success likely to drive significant investor interest and elevate FMST's valuation trajectory.

9 Feb

4

Foremost Clean Energy Ltd. has announced a 5,000-metre follow-up drill program at its Hatchet Lake Uranium Project. This initiative aims to further explore and assess the uranium potential of the site, building on previous drilling results. The company is focused on advancing its exploration efforts to enhance resource estimation and support future development plans. The follow-up drill program is a significant strategic move that could enhance resource estimates and investor sentiment.

15 Jan

3

Foremost Clean Energy Ltd. has engaged RedChip Companies to manage its investor relations efforts. This partnership aims to enhance the company's visibility and communication with investors, potentially improving market engagement and support for its clean energy initiatives. Engaging a dedicated investor relations firm can moderately influence market sentiment and visibility, impacting the company's financial performance.

14 Jan

4

Foremost Clean Energy Ltd. (FMST) has reported positive lithium drill results from its Jean Lake Gold-Lithium Property, indicating successful exploration efforts. The findings are expected to enhance the company's position in the lithium market, which is increasingly important for clean energy technologies. This success may lead to further exploration and development activities, potentially boosting investor confidence and market interest in FMST. Positive drill results at a lithium property could significantly enhance the company's strategic position and investor sentiment in a growing market.

22 Dec

4

Foremost Clean Energy Ltd. (FMST) has announced a $9.0 million exploration program set for 2026, aimed at enhancing its operational capabilities and expanding its resource base. This initiative reflects the company's commitment to advancing its clean energy projects and aligns with its strategic growth objectives. The funding will be allocated towards various exploration activities, which are expected to bolster FMST's position in the renewable energy sector. The $9.0 million exploration program is a significant strategic move that could enhance FMST's operational capabilities and market positioning.

19 Dec

3

Foremost Clean Energy Ltd. (FMST) held its Annual General Meeting (AGM), where key decisions were made regarding the company's strategic direction and governance. Shareholders voted on various resolutions, including the election of board members and approval of financial statements. The management provided updates on ongoing projects and future initiatives aimed at enhancing operational efficiency and sustainability. Overall, the AGM reflected the company's commitment to transparency and shareholder engagement. The AGM's outcomes may influence operational strategies and shareholder sentiment, but the overall effect is expected to be limited.

18 Dec

4

Foremost Clean Energy Ltd. has issued a letter to shareholders outlining its strategic vision and operational updates. The letter emphasizes the company's commitment to sustainable energy solutions and highlights recent achievements in project development. Management reassures shareholders of its focus on growth and innovation in the clean energy sector, while also addressing market challenges and opportunities ahead. The communication aims to strengthen investor confidence and engagement as the company navigates its future endeavors. The letter outlines significant strategic initiatives and operational updates that could influence investor sentiment and the company's trajectory.

8 Dec

4

Foremost Clean Energy Ltd. has successfully completed its 2025 drill program at the Jean Lake Gold-Lithium Project and has initiated a historic core sampling program. This advancement is expected to enhance the company's exploration efforts and resource evaluation in the region. The completion of the drill program and commencement of core sampling are significant strategic moves that could enhance resource identification and investor sentiment.

4 Dec

3

Foremost Clean Energy Ltd. announced an upcoming ground-based gravity survey at its Hatchet Lake Uranium Project located in the Athabasca Basin, Saskatchewan. This survey aims to enhance the understanding of the project's geological features and potential uranium resources, contributing to the company's exploration efforts. The gravity survey may moderately influence the company's exploration success and resource assessment, impacting future financial performance.

1 Dec

4

Foremost Clean Energy Ltd. has received a three-year exploration permit for its Turkey Lake Uranium Project located in the Athabasca Basin, Saskatchewan. The company also announced the commencement of a gravity survey at the site, which is expected to enhance its understanding of the uranium resource potential in the area. The exploration permit and gravity survey are significant steps that could enhance the company's uranium resource capabilities and market positioning.

26 Nov

3

Foremost Clean Energy Ltd. (FMST) is set to participate in RedChip's December 10 Virtual Investor Conference, which will showcase companies involved in the onshoring of critical minerals. This event aims to highlight the importance of domestic sourcing of essential materials for various industries, including clean energy. FMST's involvement underscores its commitment to leading efforts in this sector and engaging with potential investors. Participation in the conference may enhance FMST's visibility and investor interest, but the overall impact on its trajectory is expected to be limited.

19 Nov

4

Foremost Clean Energy Ltd. (FMST) reported successful drilling results at its Jean Lake Project, highlighting multiple shallow gold intercepts. Notably, a high-grade interval of 34.2 g/t over 0.8 meters was found within a broader intercept of 9.0 g/t over 3.5 meters, indicating promising potential for the project. The significant gold intercepts could enhance the company's market position and investor sentiment.

17 Nov

4

Foremost Clean Energy Ltd. has successfully completed a 2,695-meter drill program at its Murphy Lake South Uranium Property. The drilling aimed to enhance the understanding of the uranium mineralization in the area, with results expected to support future exploration and development efforts. This initiative is part of the company's strategy to expand its uranium portfolio and capitalize on the growing demand for clean energy sources. Completion of the drill program is likely to significantly impact future exploration and development efforts in the uranium sector.

10 Nov

4

Foremost Clean Energy Ltd. (FMST) announced high-grade gold results from the first two drill holes of its 2025 Jean Lake drill program, reporting 10.7 g/t Au over 5.6 meters, which includes a notable 82 g/t Au over 0.7 meters. These results indicate promising potential for the project and highlight the company's ongoing exploration efforts. High-grade gold results could significantly enhance the company's market position and investor interest.

29 Oct

4

Foremost Clean Energy Ltd. (FMST) has reported higher-grade uranium assays from its Hatchet Lake drill program in Saskatchewan. The results indicate significant potential for the project, with assays showing elevated uranium concentrations. This development is expected to enhance the company's exploration efforts and may lead to further investment and interest in the region. Higher-grade uranium assays could significantly enhance the company's exploration potential and attract investment.

4

Foremost Clean Energy Ltd. (FMST) has reported a significant increase in uranium grade from recent assays at its Hatchet Lake Project. The findings indicate a promising discovery that could enhance the project's viability and attract investor interest. This development is expected to bolster the company's position in the uranium market. The significant increase in uranium grade could lead to major strategic advantages and improved market sentiment for the company.

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