FMST
Foremost Clean Energy Ltd.Figures below are compared against other companies classified under Miscellaneous Metal Ores.
Grades vs. industry
Profitability
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Gross margin Gross profit as a share of revenue. Often unreported. | Not reported | — | — |
Operating margin Operating income as a share of revenue. | Not reported | — | — |
Net margin Net income as a share of revenue. | Not reported | — | — |
Free cash flow margin Free cash flow as a share of revenue. | Not reported | — | — |
Return on equity Net income divided by shareholder equity. | -14.8% | — | — |
Return on assets Net income divided by total assets. | -13.0% | — | — |
Return on invested capital After-tax operating profit over debt plus equity less cash. | -23.0% | — | — |
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Nothing here is ranked: this company reported an operating loss several times its revenue, so it is left out of its industry’s comparisons and does not count toward the medians shown. Its own figures are exactly as filed.
Financial health
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Debt to equity Total debt divided by shareholder equity. | 0.02x | — | — |
Current ratio Current assets over current liabilities. | 1.65x | — | — |
Quick ratio Current assets excluding inventory, over current liabilities. | 1.65x | — | — |
Interest coverage Operating income divided by interest expense. | -59.74x | — | — |
Net debt to EBITDA Net debt over derived EBITDA. EBITDA is not a GAAP tag; it is computed. | Not reported | — | — |
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Nothing here is ranked: this company reported an operating loss several times its revenue, so it is left out of its industry’s comparisons and does not count toward the medians shown. Its own figures are exactly as filed.
Debt figures can be understated where a filer splits borrowings across XBRL tags this site does not match.
Annual financials
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating income | -CAD 5.82M | -CAD 4.50M | -CAD 3.54M | -CAD 3.96M |
| Net income | -CAD 3.62M | -CAD 4.47M | CAD 956.6K | -CAD 4.15M |
| EPS (diluted) | -CAD 0.48 | n/c | n/c | n/c |
| Operating cash flow | -CAD 3.78M | -CAD 3.79M | -CAD 2.48M | -CAD 1.40M |
| Total assets | CAD 27.74M | CAD 16.60M | CAD 13.30M | CAD 7.92M |
| Shareholder equity | CAD 24.49M | CAD 13.21M | CAD 10.39M | CAD 6.74M |
| Total debt | CAD 521.4K | CAD 1.14M | CAD 1.22M | CAD 47.5K |
| Cash | CAD 5.01M | CAD 998.3K | CAD 574.6K | CAD 235.5K |
A dash means the figure was not tagged in that year’s filing. It does not mean zero. Figures reflect the most recent filing covering each period, so restated years show their restated values.
Amounts are in CAD, as the company reports them. Nothing here is converted to dollars, so these figures cannot be compared directly against a company reporting in another currency. Margins, returns and other ratios are unaffected.
n/c marks per-share figures that are not comparable. Companies report each year as their filings stated it, and an annual report restates only its two prior years — so after a stock split, older years remain on the pre-split share count. Totals above are unaffected.
Source
Figures come from Foremost Clean Energy Ltd.’s filings with the SEC, as submitted in XBRL. The most recent annual figures are from a 20-F filed Jun 20, 2025. View filings on EDGAR.