Foremost Lithium Resource & Technology Stock (NASDAQ:FMST)


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$1.68

52W Range

$1.32 - $3.50

50D Avg

$1.54

200D Avg

$2.40

Market Cap

$10.77M

Avg Vol (3M)

$121.63K

Beta

1.51

Div Yield

-

FMST Company Profile


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.

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Industry

Chemicals

Sector

Basic Materials

Exchange

NASDAQ

ADR

Yes

Country

CA

Employees

2

IPO Date

Jul 24, 2023

Website

FMST Performance


FMST Financial Summary


Mar 24Mar 23Mar 22
Revenue---
Operating Income$-3.30M$-2.61M$-3.26M
Net Income$-4.47M$956.58K$-4.15M
EBITDA$-1.17M$-2.54M$-3.94M
Basic EPS$-0.99$0.25$-1.27
Diluted EPS$-0.99$0.24$-1.27

Fiscal year ends in Mar 24 | Currency in CAD