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NASDAQ · Other Industrial Metals & Mining · USD

Foremost Clean Energy Ltd. (FMST) Stock Analysis

Foremost Clean Energy Ltd. (FMST) is a Other Industrial Metals & Mining stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

FMST

$0.48

−$0.01 (−2.22%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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FMST Key Statistics

As of Oct 21, 2026
Trading
Open
$0.50
Previous Close
$0.50
Day's Range
0.48–0.50
52-Week Range
0.42–3.97
Volume
53.44K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
2.98
Valuation
Market Cap
$8.40M
P/E Ratio
unprofitable
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.43
Financials (FY)
Revenue (FY)
$0.00
Net Income (FY)
−$6.90M
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
17.35M
1-Year Return
−86.01%
Dividend and dates
Avg Volume
202.20K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, FMST closed at $0.48, −86.01% over 1 year.

Foremost Clean Energy Ltd. (FMST) has a market capitalization of $8.40M.

In fiscal 2025, FMST reported revenue of $0.00.

FMST Stock Return by Calendar Year

Foremost Clean Energy Ltd. (FMST) return since Jul 2023: what $10,000 became

1 year
$10,000 $1,399
−86.01%
3 years
$10,000 $1,793
−82.07%
Since Jul 2023
$10,000 $1,185
−88.15%

If you had invested $10,000 in Foremost Clean Energy Ltd. (FMST) at the close on July 5, 2023, the earliest close on record here, it would have been worth $1,185 at the close on October 21, 2026: −88.15% in total, −47.64% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−77.17%
2025+53.62%
2024−44.80%
2023 (partial year)−38.80%

As of October 21, 2026.

FMST Revenue and Earnings by Fiscal Year

FY ends March
Fiscal yearRevenueNet incomeNet margin
2025$0.00−$6.90M—
2024$0.00−$3.62M—
2023$0.00−$4.47M—
2022$0.00$956.58K—
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$0.00—−$8.88M−$6.90M—
2024$0.00—−$5.82M−$3.62M—
2023$0.00—−$4.50M−$4.47M—
2022$0.00—−$3.54M$956.58K—

Annual figures as reported, in the company's reporting currency. As of March 31, 2026.

Analysis

Data-derived

Company Overview

Foremost Clean Energy Ltd. (FMST) is capitalised at $8.40M on the latest close. It is classified in the Other Industrial Metals & Mining industry, within the Basic Materials sector.

Over the past 52 weeks the price has ranged from $0.42 to $3.97. The most recent close on file for FMST is $0.48, dated October 21, 2026. That is −$0.01 (−2.22%) against the previous close. The latest close sits 14.96% above that 52-week low.

Financial Health

In fiscal 2025, Foremost Clean Energy Ltd. reported revenue of $0.00. The same year closed with a net loss of $6.90M. Trailing earnings per share are −0.43.

Across the 4 fiscal years on file, revenue moves from $0.00 in 2022 to $0.00 in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative.

Beta against the wider market is reported at 2.98. Annualized volatility over the trailing 3 years is 108.01%. Over the trailing twelve months the total return is −86.01%. Across 3 years the annualized return works out at −43.62%.

Growth & Income

The record shows no dividend for FMST.

2026 is still running; the total return is −77.17% year to date. The strongest complete calendar year on file is 2025 at +53.62%; the weakest is 2024 at −44.80%.

Peer Comparison

Foremost Clean Energy Ltd. (FMST) operates in the Other Industrial Metals & Mining industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Foremost Clean Energy Ltd. FMST $8.40M —
BHP Group Limited BHP $211.50B 21.6
Rio Tinto Group RIO $141.37B 11.8
Vale S.A. VALE $54.05B 25.4

The Other Industrial Metals & Mining industry average P/E ratio is 18.2x. Foremost Clean Energy Ltd. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Foremost Clean Energy Ltd.

Foremost Clean Energy Ltd., an exploration stage company, explores and develops uranium and lithium assets in North America. The company has an option agreement of approximately 70% interest in 10 properties encompassing over 330,000 acres in Saskatchewan's Athabasca Basin. It holds interest in the Murphy Lake South, the Hatchet Lake, the Turkey Lake, the Torwalt Lake, the Marten, the Wolverine, and the Epp Lake properties located in northern Saskatchewan, Canada. In addition, the company holds interest in the Blackwing, the GR, and the CLK properties located in the northern portion of Saskatchewan, Canada. The company was formerly known as Foremost Lithium Resource & Technology Ltd. and changed its name to Foremost Clean Energy Ltd. in September 2024. Foremost Clean Energy Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.

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