Foremost Clean Energy (NASDAQ:FMST) Rating Increased to Sell at Wall Street Zen

Wall Street Zen upgraded shares of Foremost Clean Energy (NASDAQ:FMSTFree Report) from a strong sell rating to a sell rating in a report published on Saturday.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Foremost Clean Energy in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Foremost Clean Energy presently has an average rating of “Sell”.

View Our Latest Stock Report on Foremost Clean Energy

Foremost Clean Energy Trading Down 2.2%

FMST stock opened at $1.76 on Friday. The stock has a 50-day moving average price of $1.82 and a two-hundred day moving average price of $2.25. Foremost Clean Energy has a 12-month low of $1.51 and a 12-month high of $5.74. The company has a market cap of $28.65 million, a PE ratio of -5.33 and a beta of 4.69.

Foremost Clean Energy (NASDAQ:FMSTGet Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The company reported ($0.10) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On Foremost Clean Energy

Several institutional investors and hedge funds have recently modified their holdings of the stock. Virtu Financial LLC purchased a new stake in shares of Foremost Clean Energy in the fourth quarter worth about $50,000. XTX Topco Ltd purchased a new stake in shares of Foremost Clean Energy in the fourth quarter worth about $66,000. Millennium Management LLC purchased a new stake in shares of Foremost Clean Energy in the fourth quarter worth about $25,000. Engineers Gate Manager LP purchased a new stake in shares of Foremost Clean Energy in the fourth quarter worth about $41,000. Finally, Jane Street Group LLC boosted its position in shares of Foremost Clean Energy by 135.2% in the fourth quarter. Jane Street Group LLC now owns 71,962 shares of the company’s stock worth $153,000 after buying an additional 41,372 shares during the period. Hedge funds and other institutional investors own 0.13% of the company’s stock.

Foremost Clean Energy Company Profile

(Get Free Report)

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.

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