Foremost Lithium Resource & Technology Ltd. Common stock
Foremost Clean Energy, an exploration stage company, explores and develops uranium and lithium assets in North America. It has an option agreement of approximately 70% interest in 10 properties encompassing over 330,000 acres in Saskatchewan's Athabasca Basin. The company also has an exploration permit for the Turkey Lake Uranium Project situated along the eastern edge of the Athabasca Basin. The… Read more
Foremost Lithium Resource & Technology Ltd. Common stock (FMST) - Net Assets
Latest net assets as of December 2025: $34.43 Million USD
Based on the latest financial reports, Foremost Lithium Resource & Technology Ltd. Common stock (FMST) has net assets worth $34.43 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($35.91 Million) and total liabilities ($1.48 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $34.43 Million |
| % of Total Assets | 95.89% |
| Annual Growth Rate | 58.59% |
| 5-Year Change | 325.99% |
| 10-Year Change | N/A |
| Growth Volatility | 573.22 |
Foremost Lithium Resource & Technology Ltd. Common stock - Net Assets Trend (2011–2025)
This chart illustrates how Foremost Lithium Resource & Technology Ltd. Common stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Foremost Lithium Resource & Technology Ltd. Common stock (2011–2025)
The table below shows the annual net assets of Foremost Lithium Resource & Technology Ltd. Common stock from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $24.49 Million | +85.41% |
| 2024-03-31 | $13.21 Million | +27.17% |
| 2023-03-31 | $10.39 Million | +54.08% |
| 2022-03-31 | $6.74 Million | +17.26% |
| 2021-03-31 | $5.75 Million | +13.42% |
| 2020-03-31 | $5.07 Million | -11.77% |
| 2019-03-31 | $5.75 Million | -12.51% |
| 2018-03-31 | $6.57 Million | +450.79% |
| 2017-03-31 | $1.19 Million | +1854.22% |
| 2016-03-31 | $-67.97K | -1041.53% |
| 2015-03-31 | $7.22K | +449.42% |
| 2014-03-31 | $-2.07K | -100.40% |
| 2013-03-31 | $513.73K | -23.82% |
| 2012-03-31 | $674.41K | +1653.98% |
| 2011-03-31 | $38.45K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Foremost Lithium Resource & Technology Ltd. Common stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2390785400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $45.67 Million | 186.45% |
| Other Comprehensive Income | $3.28 Million | 13.40% |
| Total Equity | $24.49 Million | 100.00% |
Foremost Lithium Resource & Technology Ltd. Common stock Competitors by Market Cap
The table below lists competitors of Foremost Lithium Resource & Technology Ltd. Common stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gigante Salmon AS
OL:GIGA
|
$20.70 Million |
|
United Recommend International Co Ltd
TWO:5321
|
$20.71 Million |
|
199480
KQ:199480
|
$20.71 Million |
|
Decidr Ai Industries Ltd
AU:DAI
|
$20.72 Million |
|
Mogo Inc
NASDAQ:MOGO
|
$20.68 Million |
|
Flint Telecom Group
PINK:EAXR
|
$20.68 Million |
|
AV Tech Corp
TW:8072
|
$20.68 Million |
|
Dynacolor
TWO:5489
|
$20.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Foremost Lithium Resource & Technology Ltd. Common stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,209,537 to 24,492,262, a change of 11,282,725 (85.4%).
- Net loss of 3,615,375 reduced equity.
- New share issuances of 11,850,379 increased equity.
- Other comprehensive income increased equity by 818,886.
- Other factors increased equity by 2,228,835.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.62 Million | -14.76% |
| Share Issuances | $11.85 Million | +48.38% |
| Other Comprehensive Income | $818.89K | +3.34% |
| Other Changes | $2.23 Million | +9.1% |
| Total Change | $- | 85.41% |
Book Value vs Market Value Analysis
This analysis compares Foremost Lithium Resource & Technology Ltd. Common stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.67x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 7.81x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-03-31 | $0.28 | $2.18 | x |
| 2012-03-31 | $2.31 | $2.18 | x |
| 2013-03-31 | $1.39 | $2.18 | x |
| 2014-03-31 | $-0.01 | $2.18 | x |
| 2015-03-31 | $0.02 | $2.18 | x |
| 2016-03-31 | $-0.16 | $2.18 | x |
| 2017-03-31 | $1.24 | $2.18 | x |
| 2018-03-31 | $3.80 | $2.18 | x |
| 2019-03-31 | $2.76 | $2.18 | x |
| 2020-03-31 | $2.07 | $2.18 | x |
| 2021-03-31 | $2.05 | $2.18 | x |
| 2022-03-31 | $2.06 | $2.18 | x |
| 2023-03-31 | $2.64 | $2.18 | x |
| 2024-03-31 | $2.92 | $2.18 | x |
| 2025-03-31 | $3.26 | $2.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Foremost Lithium Resource & Technology Ltd. Common stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (-14.76%) is above the historical average (-190.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -190.08% | 0.00% | 0.00x | 3.11x | $-76.93K |
| 2012 | -54.12% | 0.00% | 0.00x | 1.15x | $-432.44K |
| 2013 | -37.37% | 0.00% | 0.00x | 1.12x | $-243.37K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-581.79K |
| 2015 | -2077.85% | 0.00% | 0.00x | 38.57x | $-150.72K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-176.20K |
| 2017 | -105.93% | 0.00% | 0.00x | 1.33x | $-1.38 Million |
| 2018 | -162.26% | 0.00% | 0.00x | 1.14x | $-11.31 Million |
| 2019 | -47.38% | 0.00% | 0.00x | 1.12x | $-3.30 Million |
| 2020 | -31.46% | 0.00% | 0.00x | 1.17x | $-2.10 Million |
| 2021 | -45.44% | 0.00% | 0.00x | 1.20x | $-3.19 Million |
| 2022 | -61.57% | 0.00% | 0.00x | 1.17x | $-4.83 Million |
| 2023 | 9.21% | 0.00% | 0.00x | 1.28x | $-82.18K |
| 2024 | -33.86% | 0.00% | 0.00x | 1.26x | $-5.79 Million |
| 2025 | -14.76% | 0.00% | 0.00x | 1.13x | $-6.06 Million |
Industry Comparison
This section compares Foremost Lithium Resource & Technology Ltd. Common stock's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Foremost Lithium Resource & Technology Ltd. Common stock (FMST) | $34.43 Million | -190.08% | 0.04x | $20.69 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |