Foremost Clean Energy (NASDAQ:FMST) Releases Earnings Results, Misses Estimates By $0.01 EPS

Posted by George Bondi on Jul 1st, 2026

Foremost Clean Energy (NASDAQ:FMST – Get Free Report) issued its quarterly earnings results on Monday. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.01), Zacks reports.

Foremost Clean Energy Price Performance

Shares of NASDAQ:FMST opened at $1.46 on Wednesday. The company’s 50 day simple moving average is $1.64 and its 200 day simple moving average is $1.97. The stock has a market capitalization of $23.97 million, a price-to-earnings ratio of -4.42 and a beta of 4.57. Foremost Clean Energy has a 1 year low of $1.41 and a 1 year high of $4.57.

Institutional Investors Weigh In On Foremost Clean Energy

Hedge funds have recently made changes to their positions in the stock. Millennium Management LLC acquired a new position in Foremost Clean Energy during the 4th quarter worth approximately $25,000. Jane Street Group LLC acquired a new stake in Foremost Clean Energy in the second quarter valued at approximately $57,000. Engineers Gate Manager LP bought a new stake in shares of Foremost Clean Energy during the fourth quarter worth $41,000. Virtu Financial LLC acquired a new position in shares of Foremost Clean Energy during the fourth quarter worth $50,000. Finally, Goldman Sachs Group Inc. bought a new position in shares of Foremost Clean Energy in the 4th quarter valued at $63,000. 0.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Weiss Ratings upgraded Foremost Clean Energy from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, May 27th. Wall Street Zen raised shares of Foremost Clean Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Foremost Clean Energy presently has a consensus rating of “Sell”.

Read Our Latest Analysis on FMST

About Foremost Clean Energy

(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.