Foremost Clean Energy (FMST) Stock Price, News & Analysis

Company Overview

Foremost Clean Energy (NASDAQ:FMST) is a designer and manufacturer of clean energy and industrial equipment, specializing in biogas upgrading systems and complementary components. The company’s core offerings include proprietary renewable natural gas (RNG) purification units, microturbines for on-site power generation and engine upgrades to optimize biogas production. By converting methane from agricultural and waste sources into pipeline-quality gas or electricity, Foremost Clean Energy supports sustainable energy transitions for its customers.

In addition to its flagship biogas-to-RNG systems, Foremost Clean Energy provides a range of ancillary products and services, such as gas compression skids, dehydration units, membrane filtration modules and remote monitoring platforms. The company’s engineering and project management teams collaborate with site operators to deliver turnkey installations, handle commissioning tasks and offer ongoing maintenance and technical support. Its service division also supplies spare parts and retrofits for existing digesters and gas handling infrastructures.

Foremost Clean Energy serves a diversified client base across North America, with installations in dairy, livestock, food processing and landfill applications. The company has completed projects in multiple U.S. states as well as Canadian provinces, helping farm and waste management operators reduce greenhouse gas emissions while generating new revenue streams. Strategic partnerships with energy off-takers, utilities and industry integrators further extend its market reach and facilitate long-term offtake agreements.

Since its founding in the early 2010s, Foremost Clean Energy has built a reputation for innovation in anaerobic digestion technology and RNG deployment. Its leadership team comprises professionals with extensive backgrounds in mechanical engineering, renewable energy development and industrial automation. Headquartered in Connecticut, the company continues to invest in research and development, advancing its component designs and digital solutions to support growing demand for sustainable, low-carbon energy systems.

Key Stats

• Today's Range: $2.64 to $2.64
• 50-Day Range: $0.96 to $5.42
• 52-Week Range: $0.55 to $5.74
• Volume: 8,978 shs
• Average Volume: 244,866 shs
• Market Capitalization: $31.35 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Foremost Clean Energy Stock Analysis - MarketRank™

Foremost Clean Energy scored higher than 11% of companies evaluated by MarketBeat, and ranked 175th out of 185 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Foremost Clean Energy.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Foremost Clean Energy is -4.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Foremost Clean Energy is -4.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Foremost Clean Energy has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.16% of the float of Foremost Clean Energy has been sold short.

Short Interest Ratio / Days to Cover

Foremost Clean Energy has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Foremost Clean Energy has recently decreased by 4.90%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Foremost Clean Energy does not currently pay a dividend.

Dividend Growth

Foremost Clean Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.16% of the float of Foremost Clean Energy has been sold short.

Short Interest Ratio / Days to Cover

Foremost Clean Energy has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Foremost Clean Energy has recently decreased by 4.90%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.38

News Sentiment

Foremost Clean Energy has a news sentiment score of 1.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Foremost Clean Energy this week, compared to 1 article on an average week.

Search Interest

Only 5 people have searched for FMST on MarketBeat in the last 30 days. This is a decrease of -76% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added Foremost Clean Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Foremost Clean Energy insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.13% of the stock of Foremost Clean Energy is held by institutions.

FMST Stock Analysis - Frequently Asked Questions

How have FMST shares performed this year?

Foremost Clean Energy's stock was trading at $1.38 at the beginning of 2025. Since then, FMST shares have increased by 87.0% and is now trading at $2.58.

How were Foremost Clean Energy's earnings last quarter?

Foremost Clean Energy Ltd. (NASDAQ:FMST) posted its quarterly earnings data on Friday, June, 20th. The company reported ($0.11) earnings per share (EPS) for the quarter.

When did Foremost Clean Energy IPO?

Foremost Clean Energy (FMST) raised $8 million in an IPO on Tuesday, August 8th 2023. The company issued 1,500,000 shares at a price of $5.00-$6.00 per share. ThinkEquity acted as the underwriter for the IPO.

Who are Foremost Clean Energy's major shareholders?

Top institutional shareholders of Foremost Clean Energy include Fulton Bank N.A. (0.18%).

How do I buy shares of Foremost Clean Energy?

Shares of FMST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Foremost Clean Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Foremost Clean Energy investors own include Labor Smart (LTNC), NVIDIA (NVDA), Acrivon Therapeutics (ACRV), Aurora Innovation (AUR), Insmed (INSM), Heatwurx (PCSA) and Integrated Media Technology (IMTE).

Company Calendar

• Last Earnings: 6/20/2025
• Today: 7/14/2025
• Next Earnings (Estimated): 8/13/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: MINING - MISC
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NASDAQ:FMST
• CIK: 1935418
• Web: foremostlithium.com
• Phone: 604-330-8067
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($0.60)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$2.60 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -27.30%
• Return on Assets: -22.98%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.73
• Quick Ratio: 1.73

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.70 per share
• Price / Book: 1.52

Miscellaneous

• Outstanding Shares: 11,296,000
• Free Float: N/A
• Market Cap: $29.14 million
• Optionable: Not Optionable
• Beta: 6.36