← Back to Screener
ScreenerNewsCompareWatchlist
VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesNewsCompareWatchlist
AnalyzeValuationTotal ReturnDCA CalculatorInsider Activity

FMST logoForemost Clean Energy Ltd.(FMST)Earnings, Financials & Key Ratios

FMST•NASDAQ
$1.70
$25M mkt cap·Price updated May 6, 2026
SectorBasic MaterialsIndustryChemicalsSub-IndustryNuclear materials and mineral development
AboutForemost Clean Energy Ltd. engages in uranium and lithium exploration. Its uranium properties include the Eastern Athabasca and Blue Sky projects. The firm also maintains a secondary portfolio of lithium projects including Zoro, Jean Lake, Peg North, Grass River, and Jol. It operates through the Canada and United States geographical segments. The company was founded on July 7, 2005 and is headquartered in Vancouver, Canada.Show more
  • Revenue$0
  • EBITDA-$3M+23.5%
  • Net Income-$4M+19.2%
  • EPS (Diluted)-0.48+51.5%
  • ROE-19.18%+49.4%
  • ROIC-26.16%+5.2%
  • Debt/Equity0.02-75.3%
  • Interest Coverage-20.01+43.7%
Technical→

FMST Key Insights

Foremost Clean Energy Ltd. (FMST) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Trading at only 0.7x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Weak momentum: RS Rating 8 (bottom 8%)
  • ✗Shares diluted 66.3% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

FMST Price & Volume

Foremost Clean Energy Ltd. (FMST) stock price & volume — 10-year historical chart

Loading chart...

FMST Growth Metrics

Foremost Clean Energy Ltd. (FMST) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM23.56%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM63.86%

Return on Capital

10 Years-82.46%
5 Years-42.61%
3 Years-36.1%
Last Year-30.21%

FMST Peer Comparison

Foremost Clean Energy Ltd. (FMST) competitors in Nuclear materials and mineral development — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
UEC logoUECUranium Energy Corp.Direct Competitor7.72B15.77-78.85297.38%-403.64%-7.09%0.00
UUUU logoUUUUEnergy Fuels Inc.Direct Competitor5.83B23.50-63.51-15.61%-82.7%-10.16%0.99
URG logoURGUr-Energy Inc.Direct Competitor696M1.85-9.25-19.28%-275.29%-76.17%0.88
DNN logoDNNDenison Mines Corp.Direct Competitor3.47B3.87-21.0322.15%-44.18%-47.51%1.67
LTBR logoLTBRLightbridge CorporationDirect Competitor371.34M14.33-17.91-12.59%
NXE logoNXENexGen Energy Ltd.Product Competitor8.43B12.88-33.65-25.39%0.32
EU logoEUenCore Energy Corp.Product Competitor361.06M1.94-5.71163.38%-152.07%-22.54%0.06
CCJ logoCCJCameco CorporationSupply Chain53.89B123.76124.5610.95%16.93%8.76%0.15

Compare FMST vs Peers

Foremost Clean Energy Ltd. (FMST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs UEC

Most directly comparable listed peer for FMST.

Scale Benchmark

vs CEG

Larger-name benchmark to compare FMST against a more recognizable public peer.

Peer Set

Compare Top 5

vs UEC, UUUU, URG, DNN

FMST Income Statement

Foremost Clean Energy Ltd. (FMST) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Sales/Revenue0000000000
Revenue Growth %----------
Cost of Goods Sold0002.65K000000
COGS % of Revenue----------
Gross Profit
0▲ 0%
0▲ 0%
0▲ 0%
-2.65K▲ 0%
0▲ 100.0%
0▲ 0%
0▲ 0%
0▲ 0%
0▲ 0%
0▲ 0%
Gross Margin %----------
Gross Profit Growth %----100%-----
Operating Expenses1.23M10.58M2.65M962.29K2.35M3.96M3.53M4.5M5.82M8.39M
OpEx % of Revenue----------
Selling, General & Admin1.23M10.43M2.39M962.29K2.35M3.79M3.34M3.82M5.21M7.83M
SG&A % of Revenue----------
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses017.7K20K00173.4K190.38K682.29K607.85K551.49K
Operating Income
-1.23M▲ 0%
-9.97M▼ 710.7%
-2.19M▲ 78.0%
-964.94K▲ 56.0%
-2.35M▼ 143.4%
-3.96M▼ 68.7%
-3.53M▲ 10.9%
-4.5M▼ 27.5%
-5.82M▼ 29.3%
-8.39M▲ 0%
Operating Margin %----------
Operating Income Growth %-579.56%-710.73%78.01%56%-143.36%-68.69%10.94%-27.52%-29.3%-
EBITDA-102K-9.96M-2.2M-962.29K-1.48M-4.04M1.07M-4.35M-3.32M-3.43M
EBITDA Margin %----------
EBITDA Growth %-563.16%-9661.93%77.89%56.3%-53.62%-173.2%126.48%-506.35%23.49%-78.65%
D&A (Non-Cash Add-back)1.13M14.83K-9.03K2.65K870.05K00000
EBIT-1.13M-10.6M-2.65M-1.59M-2.35M-4.04M1.07M-4.35M-3.32M-3.43M
Net Interest Income000-89.05K-179K-96.19K-95.15K-125K-290.62K-47.77K
Interest Income00023.31K22.73K16.29K8.88K1.31K00
Interest Expense060.43K75.92K112.36K202.18K112.48K104.03K126.61K290.62K47.77K
Other Income/Expense-32.7K-683K-529K-629.87K-264.04K-189.66K4.49M26.47K2.2M4.91M
Pretax Income
-1.26M▲ 0%
-10.66M▼ 743.7%
-2.72M▲ 74.5%
-1.59M▲ 41.4%
-2.61M▼ 63.8%
-4.15M▼ 58.9%
965.38K▲ 123.3%
-4.47M▼ 563.3%
-3.62M▲ 19.2%
-3.48M▲ 0%
Pretax Margin %----------
Income Tax0000000000
Effective Tax Rate %0%0%0%0%0%0%0%0%0%0%
Net Income
-1.26M▲ 0%
-10.66M▼ 743.7%
-2.72M▲ 74.5%
-1.59M▲ 41.4%
-2.61M▼ 63.8%
-4.15M▼ 58.9%
956.58K▲ 123.0%
-4.47M▼ 567.5%
-3.62M▲ 19.2%
-3.48M▲ 0%
Net Margin %----------
Net Income Growth %-590.16%-743.71%74.46%41.41%-63.8%-58.9%123.05%-567.52%19.16%23.56%
Net Income (Continuing)-1.26M-10.66M-2.72M-1.59M-2.61M-4.15M965.38K-4.47M-3.62M-3.48M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)
-1.31▲ 0%
-6.17▼ 371.0%
-1.31▲ 78.8%
-0.93▲ 29.0%
-0.93▲ 0.0%
-1.27▼ 36.6%
0.24▲ 118.9%
-0.99▼ 512.5%
-0.48▲ 51.5%
-0.28▲ 0%
EPS Growth %-211.9%-370.99%78.77%29.01%0%-36.56%118.9%-512.5%51.52%63.86%
EPS (Basic)-1.31-6.17-1.31-0.93-0.93-1.270.25-0.99-0.48-
Diluted Shares Outstanding964.43K1.73M2.08M2.45M2.8M3.28M3.93M4.52M7.51M12.45M
Basic Shares Outstanding964K1.73M2.08M2.45M2.8M3.27M3.84M4.52M7.51M12.45M
Dividend Payout Ratio----------

FMST Balance Sheet

Foremost Clean Energy Ltd. (FMST) balance sheet — assets, liabilities & shareholders' equity

Line itemMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Total Current Assets387.97K3.52M259.3K105.21K516.56K434.12K795.35K1.49M5.36M7.18M
Cash & Short-Term Investments312.37K3.21M137.95K3.21K392.21K235.46K574.59K998.26K5.01M6.56M
Cash Only312.37K3.21M137.95K3.21K392.21K235.46K574.59K998.26K5.01M6.56M
Short-Term Investments0000000000
Accounts Receivable0075.29K42.97K49.41K142.71K164.05K146.21K231.86K362.86K
Days Sales Outstanding----------
Inventory0000000000
Days Inventory Outstanding----------
Other Current Assets000042.91K00000
Total Non-Current Assets1.2M3.98M6.18M5.83M6.41M7.48M12.51M15.11M22.38M28.4M
Property, Plant & Equipment1.19M3.96M6.12M5.63M6.26M7.19M12.48M15.09M21.32M25.51M
Fixed Asset Turnover---------0.00x
Goodwill0000000000
Intangible Assets0000000000
Long-Term Investments10K26K11K148.77K96.36K8K2.9K0383.73K2.81M
Other Non-Current Assets0048K48K48K284.84K24.4K19.23K671.98K2.2M
Total Assets
1.59M▲ 0%
7.5M▲ 372.6%
6.44M▼ 14.1%
5.94M▼ 7.8%
6.92M▲ 16.6%
7.92M▲ 14.3%
13.3M▲ 68.0%
16.6M▲ 24.8%
27.74M▲ 67.1%
35.59M▲ 0%
Asset Turnover---------0.00x
Asset Growth %414.22%372.59%-14.08%-7.84%16.64%14.35%67.98%24.8%67.13%368.43%
Total Current Liabilities394.09K930.05K696.25K732.07K1.04M1.1M2.91M2.73M3.1M2.69M
Accounts Payable129.36K527.17K439.66K515.76K536.09K603K884.74K1.1M93.71K628.64K
Days Payables Outstanding---71.07K------
Short-Term Debt6.5K105.5K5.5K7.5K7.5K7.5K1.26M1.14M521.37K5K
Deferred Revenue (Current)00000000477K477K
Other Current Liabilities000000011.67K1.79M1.77M
Current Ratio0.98x3.78x0.37x0.14x0.50x0.39x0.27x0.54x1.73x1.73x
Quick Ratio0.98x3.78x0.37x0.14x0.50x0.39x0.27x0.54x1.73x1.73x
Cash Conversion Cycle----------
Total Non-Current Liabilities000135.25K136.34K74.39K0656.95K152.76K0
Long-Term Debt000040K40K0000
Capital Lease Obligations000135.25K96.34K34.39K0000
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities0000000656.95K152.76K874.69K
Total Liabilities394.09K930.05K696.25K867.31K1.18M1.18M2.91M3.39M3.25M2.69M
Total Debt6.5K105.5K5.5K183.7K197.72K143.84K1.29M1.14M521.37K5K
Net Debt-305.87K-3.11M-132.45K180.49K-194.5K-91.61K716.51K140.26K-4.48M-6.56M
Debt / Equity0.01x0.02x0.00x0.04x0.03x0.02x0.12x0.09x0.02x0.02x
Debt / EBITDA------1.21x---0.00x
Net Debt / EBITDA------0.67x--1.91x
Interest Coverage--165.02x-28.89x-8.59x-11.62x-35.22x-33.91x-35.53x-20.01x-71.80x
Total Equity
1.19M▲ 0%
6.57M▲ 450.8%
5.75M▼ 12.5%
5.07M▼ 11.8%
5.75M▲ 13.4%
6.74M▲ 17.3%
10.39M▲ 54.1%
13.21M▲ 27.2%
24.49M▲ 85.4%
32.9M▲ 0%
Equity Growth %1854.22%450.79%-12.51%-11.77%13.42%17.26%54.08%27.17%85.41%469.52%
Book Value per Share1.243.802.762.072.052.062.642.923.262.64
Total Shareholders' Equity1.19M6.57M5.75M5.07M5.75M6.74M10.39M13.21M24.49M32.9M
Common Stock015.71M16.45M17.84M20.17M24.16M26.45M32.12M45.67M56.47M
Retained Earnings-3.05M-13.59M-11.82M-14.1M-15.6M-19.72M-17.87M-21.48M-24.46M-26.18M
Treasury Stock0000000000
Accumulated OCI598.34K4.22M1.12M1.13M1.14M2.29M1.81M2.46M3.28M2.6M
Minority Interest0000000000

FMST Cash Flow Statement

Foremost Clean Energy Ltd. (FMST) cash flow — operating, investing & free cash flow history

Line itemMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Cash from Operations-469.69K-1.95M-1.25M-414.57K-802.92K-1.4M-2.48M-3.79M-3.78M-3.78M
Operating CF Margin %----------
Operating CF Growth %-1295.89%-315.92%36.09%66.8%-93.68%-74.67%-76.55%-53.26%0.38%-6280.77%
Net Income-1.26M-10.66M-2.72M-2.27M-2.61M-4.15M956.58K-4.47M-3.62M-3.48M
Depreciation & Amortization08503.77K000000
Stock-Based Compensation423.14K8.43M1.4M14.99K1.78M2.48M815.43K910.7K872.88K1.21M
Deferred Taxes0000000000
Other Non-Cash Items281.2K216.99K-5K919.65K42.43K138.05K-4.61M89.26K-2.44M-4.93M
Working Capital Changes89.1K51.88K80.74K916.99K-15.9K128.18K363.73K-322.55K1.4M594.96K
Change in Receivables0062.46K58.8K0000-85.65K-340.6K
Change in Inventory0000000000
Change in Payables163.52K278.33K00000000
Cash from Investing-574.32K-974.85K-2.08M-340.84K-313.96K-825.71K-797.82K-2.34M-2.67M-5.63M
Capital Expenditures-165K-338.39K-185.43K-125K-162.85K-220.03K-294.96K-2.58M-249.96K-315.37K
CapEx % of Revenue----------
Acquisitions00000000-656.45K0
Investments----------
Other Investing-409.32K-636.46K-1.89M-215.84K-151.11K-605.68K-502.86K232.85K-1.77M-5.32M
Cash from Financing1.34M5.83M248.42K620.66K1.51M2.07M3.61M6.56M10.46M18.63M
Debt Issued (Net)-24.5K-1K0124.66K46.21K-71.63K914.12K-240.61K-600K-556.66K
Equity Issued (Net)1000K713K100K300K467.71K592.37K1000K1000K1000K2M
Dividends Paid0000000000
Share Repurchases0000000000
Other Financing214.94K5.12M148.42K196K991.97K1.55M1.04M-244.01K-789.48K3.72M
Net Change in Cash
297.94K▲ 0%
2.9M▲ 873.7%
-3.08M▼ 206.0%
-134.75K▲ 95.6%
389.01K▲ 388.7%
-156.76K▼ 140.3%
339.13K▲ 316.3%
423.67K▲ 24.9%
4.01M▲ 845.8%
6.39M▲ 0%
Free Cash Flow
-1.04M▲ 0%
-2.29M▼ 119.5%
-1.43M▲ 37.4%
-539.57K▲ 62.4%
-965.77K▼ 79.0%
-1.62M▼ 68.0%
-2.77M▼ 70.8%
-6.38M▼ 130.1%
-4.03M▲ 36.8%
-6.92M▲ 0%
FCF Margin %----------
FCF Growth %-1650.27%-119.53%37.43%62.37%-78.99%-68%-70.79%-130.08%36.79%-47.43%
FCF per Share-1.08-1.33-0.69-0.22-0.35-0.50-0.70-1.41-0.54-0.54
FCF Conversion (FCF/Net Income)0.37x0.18x0.46x0.26x0.31x0.34x-2.59x0.85x1.05x1.99x
Interest Paid00000000113.92K84.74K
Taxes Paid0000000000

FMST Key Ratios

Foremost Clean Energy Ltd. (FMST) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)-224.66%-274.66%-44.22%-29.49%-48.29%-66.46%11.17%-37.9%-19.18%-10.57%
Return on Invested Capital (ROIC)-220.94%-344.21%-36.26%-13.32%-32.6%-48.68%-29.8%-27.59%-26.16%-26.16%
Debt / Equity0.01x0.02x0.00x0.04x0.03x0.02x0.12x0.09x0.02x0.02x
Interest Coverage--165.02x-28.89x-8.59x-11.62x-35.22x-33.91x-35.53x-20.01x-71.80x
FCF Conversion0.37x0.18x0.46x0.26x0.31x0.34x-2.59x0.85x1.05x1.99x

FMST Frequently Asked Questions

Foremost Clean Energy Ltd. (FMST) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Foremost Clean Energy Ltd. (FMST) grew revenue by 0.0% over the past year. Growth has been modest.

Foremost Clean Energy Ltd. (FMST) reported a net loss of $3.5M for fiscal year 2025.

Dividend & Returns

Foremost Clean Energy Ltd. (FMST) has a return on equity (ROE) of -19.2%. Negative ROE indicates the company is unprofitable.

Foremost Clean Energy Ltd. (FMST) had negative free cash flow of $6.9M in fiscal year 2025, likely due to heavy capital investments.

Explore More FMST

Foremost Clean Energy Ltd. (FMST) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screener
  • Themes
  • Market Valuation
  • Valuation
  • Compare
  • Total Return
  • DCA Calculator
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Follow @VCPScanner on X

Get weekly stock ideas — free

© 2026 VCP Scanner. All rights reserved.
About·Privacy Policy·Terms of Service
Not financial advice. Do your own research.