Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$4.721M
TTM
Current Assets
$1.339M
Q2 2024
Current Liabilities
$2.926M
Q2 2024
Current Ratio
45.76%
Q2 2024
Total Assets
$17.13M
Q2 2024
Total Liabilities
$3.408M
Q2 2024
Book Value
$13.72M
Q2 2024
Cash
P/E
-5.076
Sep 13, 2024 EST
Free Cash Flow
-$7.741M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $4.499M $3.532M $4.074M $2.628M $1.370M $2.731M $10.64M $1.230M $180.5K $159.8K $340.0K $230.0K $360.0K $60.00K
YoY Change 27.36% -13.3% 55.03% 91.84% -49.84% -74.34% 764.81% 581.57% 12.99% -53.01% 47.83% -36.11% 500.0%
% of Gross Profit
Research & Development $4.400K $0.00 $10.00K
YoY Change -100.0%
% of Gross Profit
Depreciation & Amortization $0.00 $3.770K
YoY Change -100.0%
% of Gross Profit
Operating Expenses $4.499M $3.537M $4.074M $2.628M $1.373M $2.731M $10.64M $1.230M $180.5K $159.8K $340.0K $230.0K $360.0K $70.00K
YoY Change 27.21% -13.19% 55.03% 91.32% -49.7% -74.34% 764.81% 581.57% 12.99% -53.01% 47.83% -36.11% 414.29%
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense 126.6K cads -$129.7K $10.56K $20.00K $18.87K -$10.96K $11.54K $2.500K -$2.000K
YoY Change -197.64% -1327.94% -47.2% 5.99% -272.17% -194.97% 361.6% -225.0%
% of Operating Profit
Other Income/Expense, Net $10.44K $938.0K $5.930K $4.300K $17.87K $0.00
YoY Change -98.89% 15717.2% 37.91% -75.94%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income -$4.472M $956.6K -$4.151M -$2.612M -$2.270M -$2.722M -$10.66M -$1.263M -$182.5K -$159.8K -$340.0K -$230.0K -$360.0K -$70.00K
YoY Change -567.52% -123.05% 58.9% 15.08% -16.59% -74.46% 743.59% 592.02% 14.24% -53.01% 47.83% -36.11% 414.29%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -4.472M cads $956.6K -$4.151M -$2.612M -$2.270M -$2.722M -$10.66M -$1.263M -$182.5K -$159.8K -$340.0K -$230.0K -$360.0K -$70.00K
YoY Change -567.52% -123.05% 58.9% 15.08% -16.59% -74.46% 743.59% 592.02% 14.24% -53.01% 47.83% -36.11% 414.29%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$0.99 $0.24 -$1.27 -$0.93 -$0.02 -$0.03 -$0.12 -$0.03 -$0.01 -$0.01 -$0.02 -$0.01 -$0.02 $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $998.3K $574.6K $235.5K $392.2K $3.210K $138.0K $3.214M $312.4K $14.43K $10.00K $240.0K $700.0K $50.00K
YoY Change 73.73% 144.03% -39.97% 12118.38% -97.67% -95.71% 928.75% 2064.73% 44.3% -65.71% 1300.0%
Cash & Equivalents $10.00K
Short-Term Investments $11.50K $10.00K $10.00K $0.00
Other Short-Term Assets $340.7K $88.25K $112.8K $81.44K $85.52K $46.06K $164.3K $38.64K $0.00 $2.000K $30.00K $10.00K $0.00
YoY Change 286.11% -21.74% 38.47% -4.77% 85.67% -71.97% 325.23% -100.0% -93.33% 200.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.485M $795.4K $434.1K $516.6K $105.2K $259.3K $3.516M $388.0K $15.62K $10.00K $2.000K $300.0K $730.0K $50.00K
YoY Change 86.74% 83.21% -15.96% 390.98% -59.43% -92.62% 806.14% 2383.8% 56.2% 400.0% -99.33% -58.9% 1360.0%
Property, Plant & Equipment $15.09M $12.48M $7.191M $6.032M $5.635M $6.123M $3.956M $1.188M $289.4K $260.0K $280.0K $50.00K $50.00K
YoY Change 20.97% 73.52% 19.21% 7.05% -7.98% 54.8% 232.84% 310.67% 11.3% 460.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.900K $39.54K $96.36K $148.8K $11.00K $26.00K $10.00K $3.500K $10.00K
YoY Change -92.67% -58.97% -35.23% 1252.45% -57.69% 160.0% 185.71% -65.0%
Other Assets $19.23K $24.40K $253.3K $48.00K $48.00K $48.00K $0.00 $20.00K
YoY Change -21.19% -90.37% 427.71% 0.0% 0.0% -100.0%
Total Long-Term Assets $15.11M $12.51M $7.484M $6.176M $5.831M $6.182M $3.982M $1.198M $292.9K $270.0K $270.0K $40.00K $70.00K
YoY Change 20.86% 67.09% 21.17% 5.92% -5.68% 55.27% 232.24% 309.18% 8.48% 575.0% -42.86%
Total Assets $16.60M $13.30M $7.918M $6.693M $5.937M $6.442M $7.497M $1.586M $308.5K $280.0K $570.0K $770.0K $120.0K
YoY Change
Accounts Payable $1.102M $884.7K $603.0K $745.8K $683.6K $690.8K $824.6K $387.6K $345.5K $220.0K $44.56K $0.00 $10.00K $10.00K
YoY Change 24.53% 46.72% -19.15% 9.1% -1.03% -16.23% 112.74% 12.19% 57.04% 393.72% -100.0% 0.0%
Accrued Expenses $91.48K $311.0K $68.78K $16.50K $20.00K $20.00K $40.00K
YoY Change -70.59% 352.17% -17.5% 0.0% -50.0%
Deferred Revenue
YoY Change
Short-Term Debt $1.139M $1.217M $7.500K $7.500K $7.500K $5.500K $105.5K $6.500K $31.00K $50.00K $0.00 $0.00 $0.00
YoY Change -6.43% 16122.93% 0.0% 0.0% 36.36% -94.79% 1523.08% -79.03% -38.0%
Long-Term Debt Due $74.39K $61.95K $53.88K $40.95K
YoY Change 20.08% 14.98% 31.58%
Total Short-Term Liabilities $2.732M $2.913M $1.102M $807.2K $732.1K $696.3K $930.1K $394.1K $376.5K $270.0K $145.2K $60.00K $100.0K $80.00K
YoY Change -6.2% 164.33% 36.52% 10.26% 5.14% -25.14% 136.0% 4.68% 39.44% 85.98% 141.97% -40.0% 25.0%
Long-Term Debt $0.00 $0.00 $74.39K $136.3K $135.3K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -45.44% 0.81%
Other Long-Term Liabilities $657.0K
YoY Change
Total Long-Term Liabilities $657.0K $0.00 $74.39K $136.3K $135.3K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -45.44% 0.81%
Total Liabilities $3.389M $2.913M $1.176M $943.5K $867.3K $696.3K $930.1K $394.1K $376.5K $270.0K $60.00K $100.0K $80.00K
YoY Change 16.36% 147.62% 24.68% 8.79% 24.57% -25.14% 136.0% 4.68% 39.44% -40.0% 25.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $23.964 Million

About

Foremost Lithium Resource & Technology Ltd. is a hard rock lithium exploration company which mainly engages in the exploration, acquisition, and development of mineral resources. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2011-12-12. The firm owns the four Lithium Lane projects in the Snow Lake, Manitoba as well as Lac Simard South Project in Quebec, totaling 54,758 acres/ 22,160 hectares. Its Lithium Lane Projects are centrally located in the heart of North America. The Zoro Lithium Project is located in west-central Manitoba, 571 kilometers (km) north-northeast of Winnipeg approximately 20 km east of the town historic mining friendly town of Snow Lake. The Grass River Claims Project (GRC) consists of 29 claims totaling 15,664 acres/6,339 hectares. The Peg North project claims consist of 28 claims. The Peg North project is located at the east end of the Flin Flon-Snow Lake greenstone belt. The Jean Lake Lithium-Gold Project is located in the Snow Lake District of Manitoba. The Winston Gold and Silver Project property is located in the Black Range of Sierra County, New Mexico. Its Zoro Lithium Project occurs in east-central Manitoba.

Industry: Miscellaneous Metal Ores Peers: Almaden Minerals Ltd Teck Resources Ltd