Critical Analysis: Foremost Clean Energy (FMST) & Its Rivals

Institutional and Insider Ownership

0.1% of Foremost Clean Energy shares are held by institutional investors. Comparatively, 36.9% of shares of all “MINING – MISC” companies are held by institutional investors. 9.5% of shares of all “MINING – MISC” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Foremost Clean Energy and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Foremost Clean Energy	N/A	-27.30%	-22.98%
Foremost Clean Energy Competitors	-938.79%	-12.66%	-5.27%

Earnings and Valuation

This table compares Foremost Clean Energy and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Foremost Clean Energy	N/A	-$3.32 million	-5.52
Foremost Clean Energy Competitors	$8.17 billion	$447.87 million	-0.32

Foremost Clean Energy’s peers have higher revenue and earnings than Foremost Clean Energy. Foremost Clean Energy is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Risk and Volatility

Foremost Clean Energy has a beta of 6.82, indicating that its share price is 582% more volatile than the S&P 500. Comparatively, Foremost Clean Energy’s peers have a beta of 0.77, indicating that their average share price is 23% less volatile than the S&P 500.

Summary

Foremost Clean Energy peers beat Foremost Clean Energy on 7 of the 9 factors compared.

Foremost Clean Energy Company Profile

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. The company was founded on July 7, 2005 and is headquartered in Vancouver, Canada.