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FMST Overview

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0.000(0.000%)Aft-market
ET
$
0.000
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At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
2.240
Open
2.140
VWAP
2.18
Vol
59.68K
Mkt Cap
30.93M
Low
2.128
Amount
130.06K
EV/EBITDA(TTM)
--
Total Shares
14.59M
EV
37.94M
EV/OCF(TTM)
--
P/S(TTM)
--
Foremost Clean Energy Ltd is a Canada-based uranium and lithium exploration company. The Company's 10 uranium exploration projects span over 45 claims across 134,509 hectares in the Athabasca Basin, separated into two distinct zones: The Eastern Athabasca Uranium Properties and The Blue-Sky Uranium Properties. The seven projects that are identified in the Eastern Athabasca Uranium area consist of Murphy Lake South, Hatchet Lake, Turkey Lake, Torwalt Lake, Marten, Wolverine, and Epp Lake. The Blue Sky Properties consists of three projects encompassing over 102,000 hectares. The three projects identified in the Blue Sky Property area consist of Blackwing, GR, and CLK. The Company also maintains a secondary portfolio of lithium projects at different stages of development spanning over 50,000+ acres across Manitoba and Quebec. The Lithium Lane Properties spans four distinct projects in Manitoba, over 43,000+ acres consisting of projects, namely Zoro, Jean Lake, Peg North, and Grass River.
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Events Timeline

(ET)
2026-03-02
08:50:00
Foremost Clean Energy Commences 5,000-Metre Winter Drill Program
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2026-02-27 (ET)
2026-02-27
08:10:00
Foremost Clean Energy Signs Exploration Agreement with Kiciwapa Cree Nation
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2026-02-26 (ET)
2026-02-26
08:10:00
Foremost Clean Energy Reports Core Resampling Results at Jean Lake Project
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2026-02-25 (ET)
2026-02-25
08:40:00
Foremost Clean Energy Reports Jean Lake Drill Results
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2026-02-09 (ET)
2026-02-09
08:50:00
Foremost Clean Energy Announces 5,000-Metre Drill Program at Hatchet Lake
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2026-01-15 (ET)
2026-01-15
08:50:00
Foremost Clean Energy Engages RedChip for Investor Relations Management
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2026-01-14 (ET)
2026-01-14
08:50:00
Foremost Clean Energy Reports Positive Lithium Assay Results from 2025 Drill Program
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2025-12-22 (ET)
2025-12-22
08:40:00
Foremost Clean Energy Plans $9M Uranium Exploration Program for 2026
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2025-12-19 (ET)
2025-12-19
08:20:00
Foremost Clean Energy Shareholders Approve All Proposals at AGM
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2025-12-18 (ET)
2025-12-18
08:40:00
Foremost Clean Energy Achieves Significant Growth in 2025
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News

Newsfilter
8.5
03-02Newsfilter
Foremost Initiates Winter Drilling Program at Hatchet Lake
  • Drilling Program Launch: Foremost Clean Energy Ltd. has commenced a ~5,000-meter winter drilling program at its Hatchet Lake uranium project, aimed at validating the continuity of uranium mineralization at the Tuning Fork area discovered in 2025, which is expected to drive further growth in the uranium market.
  • Follow-Up on Historical Discovery: The drilling will focus on the Tuning Fork area, where previous drill hole TF-25-16 intersected 0.87% U₃O₈ over 0.45 meters, indicating significant uranium mineralization potential that could lay the groundwork for future discoveries.
  • Expansion of Target Areas: In addition to Tuning Fork, the program is set to test multiple high-priority targets at both Hatchet Lake South and North, particularly the Beta Grid and Richardson SE areas, further enhancing the exploration value of the project.
  • Strategic Importance: Through collaboration with Denison Mines, Foremost aims to achieve significant breakthroughs in uranium and lithium exploration, positioning the Hatchet Lake project as a key driver for future growth amid rising demand for clean energy.
Newsfilter
7.5
02-27Newsfilter
Foremost Clean Energy Signs Exploration Agreement with Kiciwapa Cree Nation
  • Agreement Signing: Foremost Clean Energy Ltd. signed an Exploration Agreement with Kiciwapa Cree Nation on February 24, 2026, aimed at supporting responsible mineral exploration within KCN's Traditional and Ancestral Territory, establishing a framework grounded in transparency, ongoing communication, and environmental responsibility.
  • Community Engagement Commitment: The Agreement emphasizes KCN's involvement in exploration activities, including opportunities for environmental and cultural monitoring, ensuring that exploration aligns with KCN's values and priorities, thereby promoting economic participation and development for the community.
  • Economic Development Support: The Agreement includes financial commitments to support community engagement and economic development, such as funding for consultation and engagement, community-led capacity initiatives, and annual contributions to the KCN Economic Development Fund, aimed at creating employment and training opportunities for KCN members.
  • Long-term Partnership Vision: Foremost's CEO stated that this Agreement serves as the foundation for a long-term partnership, ensuring that KCN's interests and knowledge are integrated into exploration activities, reflecting a shared commitment to responsible development.
Newsfilter
8.5
02-09Newsfilter
Foremost Clean Energy Initiates New Drilling Program
  • Drilling Program Launch: Foremost Clean Energy Ltd. is set to commence a 5,000-meter drilling program at its Hatchet Lake Uranium Project in mid-February, designed to follow up on the successful 2025 winter drilling, which is expected to further confirm the potential for uranium mineralization.
  • Uranium Discovery: The Tuning Fork target area saw drill hole TF-25-16 intersecting 0.87% U₃O₈ over 0.45 meters in a previously unexplored 600-meter gap, indicating the potential for a larger mineralized system, which holds significant strategic implications.
  • Market Timing: With uranium prices recently reaching $100 per pound, Foremost believes that executing a focused winter drilling program at this time is ideal for capitalizing on market opportunities to expand uranium resource development.
  • Technical Integration Enhancement: By integrating historical drilling and geophysical data from Denison Mines, Foremost can better constrain target geometry and depth, thereby improving drilling accuracy and efficiency, which enhances the likelihood of future uranium discoveries.
Globenewswire
7.5
01-15Globenewswire
Foremost Clean Energy Engages RedChip for Investor Relations Strategy
  • Investor Relations Strategy: Foremost Clean Energy has engaged RedChip Companies under a $11,000 monthly agreement to enhance its visibility among institutional and retail investors through a multi-channel platform, aiming to attract more investment amid rising nuclear energy demand.
  • Exploration Program Advancement: The company plans to earn up to a 70% interest in 10 uranium properties from Denison Mines in the Athabasca Basin, highlighting its strategic positioning and growth potential in the clean energy sector.
  • Market Demand Drivers: With the increasing global demand for reliable, carbon-free energy, Foremost's uranium and lithium projects are set to provide strong growth momentum, particularly as electrification and data center needs surge.
  • Management Team Advantage: Foremost boasts an experienced management and technical team, employing a data-driven exploration strategy that ensures a competitive edge in uranium resource development, laying the groundwork for future discovery-driven growth.
Newsfilter
8.5
01-14Newsfilter
Foremost Clean Energy Reports Positive Lithium Assay Results from Jean Lake Project
  • Lithium Exploration Results: Foremost Clean Energy's JL25-005B drill hole at the Jean Lake Project intersected 1.64% Li₂O over 5 meters, indicating a rich lithium potential in the area and reinforcing the company's position in multi-commodity exploration.
  • Strong Market Context: With lithium carbonate prices surging to over $20,000 per ton since early January, marking a two-year high, Foremost's exploration results come at a time of robust market demand, likely boosting the company's stock price.
  • Future Exploration Plans: The company plans to conduct follow-up drilling at the Hatchet Lake uranium project to address the increasing demand for uranium resources, ensuring energy security, which aligns closely with its high-impact exploration strategy.
  • Historical Resampling Initiative: Foremost has completed its historic core resampling program, which is expected to further strengthen the geological model for both lithium and gold at Jean Lake, enhancing the company's competitiveness in these sectors.
Globenewswire
9.0
2025-12-19Globenewswire
Foremost Clean Energy Approves Key Resolutions at Annual Meeting
  • Board Composition: At the annual meeting held on December 16, 2025, Foremost fixed the number of directors at six and elected new board members, ensuring governance stability that supports future strategic decision-making.
  • Auditor Appointment: The company appointed Davidson & Company LLP as auditors for the upcoming year and authorized the board to determine their remuneration, which enhances financial transparency and compliance, thereby boosting investor confidence.
  • Incentive Plan Revision: By amending and restating its stock incentive plan, Foremost aims to attract and retain key talent, promoting long-term growth and enhancing its competitive position in the market.
  • Information Disclosure: The company published voting results and related materials on SEDAR+ and SEC, increasing information transparency, which helps to build investor trust and engagement.

Valuation Metrics

The current forward P/E ratio for Foremost Clean Energy Ltd (FMST.O) is -5.53, compared to its 5-year average forward P/E of -4.46. For a more detailed relative valuation and DCF analysis to assess Foremost Clean Energy Ltd's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-4.46
Current PE
-5.53
Overvalued PE
1.12
Undervalued PE
-10.04

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
0.00
Current PS
0.00
Overvalued PS
0.00
Undervalued PS
0.00

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Frequently Asked Questions

What is Foremost Clean Energy Ltd (FMST) stock price today?

The current price of FMST is 2.17 USD — it has increased 2.36

What is Foremost Clean Energy Ltd (FMST)'s business?

Foremost Clean Energy Ltd is a Canada-based uranium and lithium exploration company. The Company's 10 uranium exploration projects span over 45 claims across 134,509 hectares in the Athabasca Basin, separated into two distinct zones: The Eastern Athabasca Uranium Properties and The Blue-Sky Uranium Properties. The seven projects that are identified in the Eastern Athabasca Uranium area consist of Murphy Lake South, Hatchet Lake, Turkey Lake, Torwalt Lake, Marten, Wolverine, and Epp Lake. The Blue Sky Properties consists of three projects encompassing over 102,000 hectares. The three projects identified in the Blue Sky Property area consist of Blackwing, GR, and CLK. The Company also maintains a secondary portfolio of lithium projects at different stages of development spanning over 50,000+ acres across Manitoba and Quebec. The Lithium Lane Properties spans four distinct projects in Manitoba, over 43,000+ acres consisting of projects, namely Zoro, Jean Lake, Peg North, and Grass River.

What is the price predicton of FMST Stock?

Wall Street analysts forecast FMST stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FMST is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Foremost Clean Energy Ltd (FMST)'s revenue for the last quarter?

Foremost Clean Energy Ltd revenue for the last quarter amounts to -2.00M USD, decreased -6.65

What is Foremost Clean Energy Ltd (FMST)'s earnings per share (EPS) for the last quarter?

Foremost Clean Energy Ltd. EPS for the last quarter amounts to -5074160.00 USD, increased 66.97

How many employees does Foremost Clean Energy Ltd (FMST). have?

Foremost Clean Energy Ltd (FMST) has 0 emplpoyees as of March 10 2026.

What is Foremost Clean Energy Ltd (FMST) market cap?

Today FMST has the market capitalization of 30.93M USD.