Foremost Lithium Resource Stock Analysis

FMSTW Stock   0.11  0.0002  0.18%   
Foremost Lithium Resource is overvalued with Real Value of 0.11 and Hype Value of 0.13. 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 estimate.

Foremost Stock Analysis Notes

The company had not issued any dividends in recent years. 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
Foremost Lithium has a very high chance of going through financial distress in the upcoming years
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
Latest headline from globenewswire.com: Foremost Clean Energy Announces 6.5 Million Uranium Exploration Program Across the Athabasca Basin

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

The company has return on total asset (ROA) of (0.1073) % which means that it has lost $0.1073 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3015) %, meaning that it generated 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 climb to -0.26 in 2025. At this time, Foremost Lithium's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 18.2 M in 2025, whereas Return On Tangible Assets are likely to drop (0.25) 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
Understanding the operational decisions made by Foremost Lithium management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta
1.237
Return On Assets
(0.11)
Return On Equity
(0.30)

Technical Drivers

As of the 27th of March, Foremost Lithium shows the Mean Deviation of 11.97, variance of 267.67, and Standard Deviation of 16.36. 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. Please confirm Foremost Lithium Resource market risk adjusted performance and treynor ratio to decide if Foremost Lithium Resource is priced favorably, providing market reflects its regular price of 0.1102 per share. As Foremost Lithium Resource appears to be a penny stock we also advise to verify its jensen alpha numbers.

Foremost Lithium Resource Price Movement Analysis

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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

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Foremost Lithium to your portfolios without increasing risk or reducing expected return.

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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.