Foremost Lithium Resource & Technology (NASDAQ:FMST) Announces Quarterly Earnings Results

Foremost Lithium Resource & Technology (NASDAQ:FMST) posted its earnings results on Wednesday. The company reported ($0.16) earnings per share for the quarter, meeting the consensus estimate of ($0.16), Zacks reports.

Foremost Lithium Resource & Technology Stock Down 0.8 %

Shares of FMST traded down $0.01 during mid-day trading on Friday, reaching $0.94. 14,796 shares of the company’s stock were exchanged, compared to its average volume of 257,827. The company has a 50-day simple moving average of $1.40 and a two-hundred day simple moving average of $2.14. Foremost Lithium Resource & Technology has a 52-week low of $0.90 and a 52-week high of $3.50. The company has a market cap of $6.85 million, a price-to-earnings ratio of -1.42 and a beta of 2.32.

About Foremost Lithium Resource & Technology

Foremost Clean Energy Ltd. engages in uranium and lithium exploration. Its uranium properties include the Eastern Athabasca and Blue Sky projects. The firm also maintains a secondary portfolio of lithium projects including Zoro, Jean Lake, Peg North, Grass River, and Jol. It operates through the Canada and United States geographical segments.