Foremost Lithium Resource Stock Analysis

FMST Stock   0.84  0.06  7.06%   
Foremost Lithium Resource is undervalued with Real Value of 1.94 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 Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour 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 27.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.46. 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 0.72. 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 generated a negative expected return over the last 90 days
Foremost Lithium has high historical volatility and very poor performance
Foremost Lithium has some characteristics of a very speculative penny stock
Net Loss for the year was (4.47 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 27.0% of the company shares are held by company insiders
Latest headline from thelincolnianonline.com: Foremost Lithium Resource Technology Ltd. Short Interest Update

Foremost Lithium Resource Upcoming and Recent Events

8th of February 2024
Upcoming Quarterly Report
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31st of December 2023
Next Fiscal Quarter End
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30th of September 2023
Last Quarter Report
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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 
2024-06-28
2024-03-31-0.26-0.31-0.0519 
View All Earnings Estimates

Foremost Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 14.08 M.

Foremost Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.24)(0.25)
Return On Capital Employed(0.27)(0.26)
Return On Assets(0.24)(0.25)
Return On Equity(0.39)(0.37)

Management Efficiency

Foremost Lithium Resource has return on total asset (ROA) of (0.135) % which means that it has lost $0.135 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3983) %, 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 -0.25 in 2025. Return On Capital Employed is likely to gain to -0.26 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 20 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 2.63  1.34 
Tangible Book Value Per Share 2.63  1.34 
Enterprise Value Over EBITDA(16.53)(17.36)
Price Book Value Ratio 1.14  1.20 
Enterprise Value Multiple(16.53)(17.36)
Price Fair Value 1.14  1.20 
Enterprise Value30 M31.5 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
1.514
Return On Assets
(0.14)
Return On Equity
(0.40)

Technical Drivers

As of the 26th of March, Foremost Lithium shows the Coefficient Of Variation of 32887.39, downside deviation of 12.25, and Mean Deviation of 10.1. 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

Execute Study
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Foremost Lithium middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Foremost Lithium Resource. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

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 Flow574.6 K
Common Stock Shares Outstanding4.5 M
Total Stockholder Equity13.2 M
Property Plant And Equipment Net15.1 M
Cash And Short Term Investments998.3 K
Cash998.3 K
Accounts Payable1.1 M
Net Debt140.3 K
50 Day M A2.706
Total Current Liabilities2.7 M
Other Operating Expenses4.3 M
Non Current Assets Total15.1 M
Non Currrent Assets Other19.2 K
Stock Based Compensation910.7 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.