Foremost Lithium Resource Stock Analysis

FMST Stock   2.30  0.12  4.96%   
Foremost Lithium Resource is undervalued with Real Value of 3.14 and Target Price of 5.46. The main objective of Foremost Lithium stock analysis is to determine its intrinsic value, which is an estimate of what Foremost Lithium Resource is worth, separate from its market price. There are two main types of Foremost Lithium's stock analysis: fundamental analysis and technical analysis.
The Foremost Lithium stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Foremost Lithium is usually not traded on Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day. Foremost Stock trading window is adjusted to America/New York timezone.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foremost Lithium Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Foremost Stock Analysis Notes

About 21.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.54. Some equities with similar Price to Book (P/B) outperform the market in the long run. Foremost Lithium Resource recorded a loss per share of 0.35. The entity had not issued any dividends in recent years. The firm had 1:50 split on the 5th of July 2023. To learn more about Foremost Lithium Resource call Jason Barnard at 604 330 8067 or check out https://foremostcleanenergy.com.

Foremost Lithium Resource Investment Alerts

Foremost Lithium is way too risky over 90 days horizon
Foremost Lithium appears to be risky and price may revert if volatility continues
Net Loss for the year was (3.62 M) with profit before overhead, payroll, taxes, and interest of 0.
Foremost Lithium generates negative cash flow from operations
Foremost Lithium has a frail financial position based on the latest SEC disclosures
About 21.0% of the company shares are held by company insiders
Latest headline from gurufocus.com: Foremost Clean Energy Initiates Survey to Enhance Uranium Exploration FMST Stock News

Foremost Lithium Resource Upcoming and Recent Events

8th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of September 2023
Last Quarter Report
View
31st of March 2023
Last Financial Announcement
View

Foremost Largest EPS Surprises

Earnings surprises can significantly impact Foremost Lithium's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-02-13
2023-12-31-0.12-0.14-0.0216 
2024-06-29
2024-03-31-0.1-0.23-0.13130 
View All Earnings Estimates

Foremost Lithium Environmental, Social, and Governance (ESG) Scores

Foremost Lithium's ESG score is a quantitative measure that evaluates Foremost Lithium's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Foremost Lithium's operations that may have significant financial implications and affect Foremost Lithium's stock price as well as guide investors towards more socially responsible investments.

Foremost Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 27.63 M.

Foremost Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.13)(0.14)
Return On Capital Employed(0.24)(0.22)
Return On Assets(0.13)(0.14)
Return On Equity(0.15)(0.14)

Management Efficiency

Foremost Lithium Resource has return on total asset (ROA) of (0.1156) % which means that it has lost $0.1156 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1918) %, meaning that it created substantial loss on money invested by shareholders. Foremost Lithium's management efficiency ratios could be used to measure how well Foremost Lithium manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.14 in 2025. Return On Capital Employed is likely to gain to -0.22 in 2025. At this time, Foremost Lithium's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 29.1 M in 2025, whereas Change To Liabilities is likely to drop slightly above 342.3 K in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 3.26  3.42 
Tangible Book Value Per Share 3.26  3.42 
Enterprise Value Over EBITDA(1.29)(1.35)
Price Book Value Ratio 0.37  0.39 
Enterprise Value Multiple(1.29)(1.35)
Price Fair Value 0.37  0.39 
Enterprise Value4.1 M2.2 M
Leadership at Foremost Lithium emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Beta
2.842
Return On Assets
(0.12)
Return On Equity
(0.19)

Technical Drivers

As of the 22nd of July, Foremost Lithium shows the Mean Deviation of 8.43, coefficient of variation of 451.56, and Downside Deviation of 9.06. Foremost Lithium Resource technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Foremost Lithium Resource Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Simple Moving Average indicator is calculated by adding the closing price of Foremost Lithium for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Foremost Lithium Resource short-term fluctuations and highlight longer-term trends or cycles.

Foremost Lithium Outstanding Bonds

Foremost Lithium issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Foremost Lithium Resource uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Foremost bonds can be classified according to their maturity, which is the date when Foremost Lithium Resource has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Foremost Lithium Predictive Daily Indicators

Foremost Lithium intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Foremost Lithium stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Foremost Lithium Forecast Models

Foremost Lithium's time-series forecasting models are one of many Foremost Lithium's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Foremost Lithium's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Foremost Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Foremost Lithium prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Foremost shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Foremost Lithium. By using and applying Foremost Stock analysis, traders can create a robust methodology for identifying Foremost entry and exit points for their positions.
Last ReportedProjected for Next Year

Current Foremost Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Foremost analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Foremost analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
5.46Strong Buy1Odds
Foremost Lithium Resource current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Foremost analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Foremost stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Foremost Lithium Resource, talking to its executives and customers, or listening to Foremost conference calls.
Foremost Analyst Advice Details

Foremost Stock Analysis Indicators

Foremost Lithium Resource stock analysis indicators help investors evaluate how Foremost Lithium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Foremost Lithium shares will generate the highest return on investment. By understating and applying Foremost Lithium stock analysis, traders can identify Foremost Lithium position entry and exit signals to maximize returns.
Begin Period Cash Flow998.3 K
Common Stock Shares Outstanding10.3 M
Total Stockholder Equity24.5 M
Total Cashflows From Investing Activities-2.7 M
Property Plant And Equipment Net21.3 M
Cash And Short Term InvestmentsM
CashM
Accounts Payable93.7 K
Net Debt-4.5 M
50 Day M A3.05
Total Current Liabilities3.1 M
Non Current Assets Total22.4 M
Non Currrent Assets Other672 K
Stock Based Compensation872.9 K

Additional Tools for Foremost Stock Analysis

When running Foremost Lithium's price analysis, check to measure Foremost Lithium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Foremost Lithium is operating at the current time. Most of Foremost Lithium's value examination focuses on studying past and present price action to predict the probability of Foremost Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foremost Lithium's price. Additionally, you may evaluate how the addition of Foremost Lithium to your portfolios can decrease your overall portfolio volatility.