Foremost Clean Energy Ltd.(FMST)Earnings, Financials & Key Ratios
FMST•NASDAQ
$1.53
Price updated Jun 25, 2026
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%
FMST Price & Volume
Foremost Clean Energy Ltd. (FMST) stock price & volume — 10-year historical chart
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Pre-Revenue Exploration Risks Cloud Capitalized Asset Growth
Investment Thesis • Updated 2026Q3
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial Position:Vulnerable
Cash Flow:Burning
Primary Risk:Dilutive financing dependency
"Foremost Clean Energy remains a speculative, pre-revenue exploration entity whose long-term viability is tethered to the successful conversion of mineral claims into commercial production. The company's dual-commodity focus on lithium and uranium, while potentially diversifying, appears to strain limited resources as evidenced by a $27.9M accumulated deficit. Investors should monitor the firm's reliance on external capital and shareholder dilution, as the current cash burn rate and lack of revenue generation necessitate ongoing financing to sustain operations."
Verdict Logic
the company's reliance on external financing to cover its $3.9M quarterly capital expenditure and the lack of commercial revenue streams present substantial risks to shareholder value.
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-
TTM42.66%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM77.67%
Return on Capital
10 Years-82.51%
5 Years-42.61%
3 Years-36.1%
Last Year-30.21%
Peers Comparison
Key metrics vs top competitors for Foremost Clean Energy Ltd. (FMST)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.53 | $19.05M | -4.53 | — | — | -19.18% | — | |
| $10.59 | $5.24B | -52.95 | 29737.95% | -516.16% | -8.13% | — | |
| $14.42 | $3.6B | -38.97 | -15.61% | -82.7% | -10.16% | — | |
| $1.32 | $522.49M | -6.58 | -19.28% | -297.95% | -105.1% | — | |
| $3.07 | $2.78B | -17.47 | 22.25% | -5909.07% | -65.41% | — | |
| $8.91 | $230.89M | -11.14 | — | — | -12.59% | — |
Compare FMST vs Peers
Foremost Clean Energy Ltd. (FMST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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FMST Frequently Asked Questions
Foremost Clean Energy Ltd. (FMST) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Is FMST profitable?
Foremost Clean Energy Ltd. (FMST) reported a net loss of $3.4M for fiscal year 2025.
Dividend & Returns
What is FMST's return on equity?
Foremost Clean Energy Ltd. (FMST) has a return on equity (ROE) of -19.2%. Negative ROE indicates the company is unprofitable.
What is Foremost Clean Energy Ltd.'s free cash flow?
Foremost Clean Energy Ltd. (FMST) had negative free cash flow of $6.2M in fiscal year 2025, likely due to heavy capital investments.