Foremost Clean Energy Ltd.
FMSTBasic MaterialsNASDAQOther Industrial Metals & Mining
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Daily timeframeHeadquartered within the basic materials sector, Foremost Clean Energy Ltd. focuses on Other Industrial Metals & Mining services and products. Foremost Clean Energy Ltd., an exploration stage company, explores and develops uranium and lithium assets in North America. The $16.6M market capitalization puts FMST squarely in micro-cap range for its industry. The company has an option agreement of approximately 70% interest in 10 properties encompassing over 330,000 acres in Saskatchewan's Athabasca Basin.
Market Cap
$16.6M
Beta
2.92
P/E (TTM)
—
P/E (Fwd)
-2.18
EPS (TTM)
$-0.46
EPS (Fwd)
$-0.44
ROE
-25.7%
ROA
-9.0%
Cash
$3.5M
Total Debt
$0
Free CF
-$10.7M
52W Change
-70.1%
Annual Financials
Cash vs Debt
Where FMST stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, FMST finished 40.70% below its 150-day moving average ($1.72) and 46.60% below its 200-day moving average ($1.91). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is FMST overbought or oversold?
At the September 3, 2026 close, FMST's RSI(14) was 28.8, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Foremost Clean Energy Ltd. reports $3.5M in cash and $0 in total debt. Free cash flow is running at -$10.7M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -25.7% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity.
With a beta above 1.5, FMST tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing FMST.