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Foremost Lithium Resource and Technology Ltd

Foremost Lithium Resource and Technology Ltd (FMST)

2.65
0.05
(1.92%)
Closed April 27 4:00PM
2.65
0.00
(0.00%)
After Hours: 4:10PM

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Key stats and details

Current Price
2.65
Bid
2.30
Ask
2.65
Volume
5,001
2.53 Day's Range 2.65
1.77 52 Week Range 4.90
Market Cap
Previous Close
2.60
Open
2.53
Last Trade
1
@
2.52
Last Trade Time
Financial Volume
$ 12,779
VWAP
2.5552
Average Volume (3m)
49,287
Shares Outstanding
4,866,417
Dividend Yield
-
PE Ratio
30.76
Earnings Per Share (EPS)
0.2
Revenue
-
Net Profit
957k

About Foremost Lithium Resource and Technology Ltd

Foremost Lithium (NASDAQ FMST, CSE FAT) is a hard-rock exploration company strategically located to capitalize on the world growing EV appetite and is committed to being a premier supplier of North Americas lithium feedstock. As the world transitions towards decarbonization, the company is focused o... Foremost Lithium (NASDAQ FMST, CSE FAT) is a hard-rock exploration company strategically located to capitalize on the world growing EV appetite and is committed to being a premier supplier of North Americas lithium feedstock. As the world transitions towards decarbonization, the company is focused on exploration and growth on its 4 core Lithium Lane Projects with over 43,000 acres in Snow Lake Manitoba and also advancing its Lac Simard South Property in Quebec. Show more

Sector
Miscellaneous Metal Ores,nec
Industry
Miscellaneous Metal Ores,nec
Headquarters
Vancouver, British Columbia, Can
Founded
1970
Foremost Lithium Resource and Technology Ltd is listed in the Miscellaneous Metal Ores sector of the NASDAQ with ticker FMST. The last closing price for Foremost Lithium Resourc... was $2.60. Over the last year, Foremost Lithium Resourc... shares have traded in a share price range of $ 1.77 to $ 4.90.

Foremost Lithium Resourc... currently has 4,866,417 shares outstanding. The market capitalization of Foremost Lithium Resourc... is $29.44 million. Foremost Lithium Resourc... has a price to earnings ratio (PE ratio) of 30.76.

FMST Latest News

Foremost Lithium to Present at the 2024 Planet MicroCap Showcase in Las Vegas, Nevada

VANCOUVER, British Columbia, April 18, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a...

Foremost Lithium Confirms 25.92 Metres of Lithium Mineralization Including 1.09% Li2O Across 10 Metres at its Zoro Property, Manitoba Canada

Highlights at the Company’s Maiden Resource at Dyke 1 include: Drill hole FL24-010 confirmed 1.09% Li2O over 9.88 m starting at 177.57 m  Drill Hole FL 24-009 confirmed 1.03% Li2O over 7.96 m...

Foremost Lithium Reports Widest Intercept to Date; 32.53 Metres of Spodumene-Bearing Pegmatite at its Zoro Lithium Project in Manitoba, Canada

Highlights Include: Drill hole FL 24-009 intersected 32.53 metres of spodumene-bearing pegmatite at its Zoro Dyke 1, the Company’s maiden resource area, starting at 196.23 metresDrill hole...

Foremost Lithium Announces Closing of the First Tranche of its Flow-Through and Non-Flow-Through Private Placements for Gross Proceeds of $1.629M

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 13, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource &...

Foremost Lithium Announces $10 Million Application for the Government of Canada’s Critical Mineral Infrastructure Fund

The Critical Mineral Infrastructure Fund (CMIF) is a $1.5B Government of Canada fund to support the development and expansion of Canada’s critical mineral industryForemost Lithium is applying...

Foremost Lithium Joins the Webull Corporate Connect Service to Foster Increased Dialogue with Shareholders

VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a...

Foremost Lithium Appoints Seasoned Financial Executive Sead Hamzagic as Chief Financial Officer

VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a...

Foremost Lithium Announces Flow-Through and Non-Flow-Through Private Placements

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource &...

Foremost Lithium Announces Flow-Through and Non-Flow-Through Private Placements

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource &...

Foremost Lithium Announces Commencement of Drill Program at Zoro Lithium Project

Dyke 1, the Company’s maiden resource, remains the focus for resource expansion as it’s open along strike and at depth.The Company has been awarded a two-year work permit from the Manitoba Mines...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.2711.34453781512.382.672.25106552.54930062CS
40.28.163265306122.453.482.2335062.74639052CS
120.4218.83408071752.233.49981.985492872.96441907CS
260.4118.30357142862.244.25031.985318043.03864164CS
52-1.35-33.7544.91.77310593.32744045CS
156-1.35-33.7544.91.77310593.32744045CS
260-1.35-33.7544.91.77310593.32744045CS

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FMST Discussion

View Posts
Renee Renee 9 months ago
FRRSF changed to FMST. Moved to the Nasdaq from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions
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Renee Renee 10 months ago
FRRSF: one for 50 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
👍️0
Captain Black Bob Blanco Captain Black Bob Blanco 2 years ago
Issued & Outstanding 161,494,243
Reserved for Issuance 27,983,880
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Captain Black Bob Blanco Captain Black Bob Blanco 2 years ago
Foremost Lithium Receives a Permit to Extract a Bulk Sample from its Zoro Lithium Project: First Step Towards the Production of 6% Battery-Grade Lithium Hydroxide Resource

VANCOUVER, British Columbia, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology (CSE:FAT) (OTC Pink:FRRSF) (FSE:F0R) (www.foremostlithium.com) (“Foremost” or the “Company”) is pleased to announce it has received a permit from the Province of Manitoba to extract a bulk sample from its Zoro Lithium Project located in the historic mining district of Snow Lake, Manitoba.
Foremost Lithium plans to extract a 500-kilogram bulk sample of spodumene-bearing pegmatite from Dyke 1 on its Zoro Lithium Project. The bulk sample will be shipped to a reputable third party for metallurgical testing and process development. A 2020 peer reviewed technical publication co-authored with SGS Mineral Services concluded that spodumene-bearing pegmatite from Zoro Dyke 1 can be processed using industry standard metallurgy to produce a 6% battery-grade lithium (Li2O) concentrate.i The goal for the upcoming 500 kg bulk sample is to demonstrate that pegmatite from the Company’s Zoro Lithium Project is suitable to produce battery-grade lithium hydroxide (LiOH) thereby making it viable to market its lithium to strategic partners prior to development.
Scott Taylor, President and CEO of Foremost Lithium states “In addition to the Zoro Lithium Project, recently collected samples from our Jean Lake Lithium Project returned high-grade assays of 3.89% to 5.17% Li2O%. Given the similarity in mineralogy of the Beryl pegmatite to Dyke 1 on the Zoro property, the potential to produce battery-grade lithium hydroxide from the Beryl pegmatite is a distinct possibility. As such, the extraction of a bulk sample at the Beryl pegmatite for purposes of third-party metallurgy is currently being planned. This is the first step in our journey and commitment to shareholders to deliver a secure domestic supply of battery-grade lithium hydroxide.”
About Foremost Lithium
Foremost Lithium is an energy tech company driven to being one of the first North American Companies committed to produce high quality battery-grade lithium hydroxide domestically to fuel the electric vehicle battery market. Given the importance and global focus on increasing energy decarbonization, especially when it comes to vehicles, The Company is hyper-focused in continued exploration and growth on its three lithium properties, Jean Lake and Zoro located in Snow Lake, Manitoba, and Hidden Lake in the Northwest Territories. Foremost Lithium also holds assets in precious commodities with its Winston Gold/Silver Project in New Mexico, USA.
Scott Taylor
President and CEO
Foremost Lithium Resource &Technology
scott.taylor@foremostlithium.com
1 604 330-8067
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Captain Black Bob Blanco Captain Black Bob Blanco 2 years ago
https://foremostlithium.com/
👍️0
Captain Black Bob Blanco Captain Black Bob Blanco 2 years ago
Foremost Lithium Receives a Permit to Extract a Bulk Sample from its Zoro Lithium Project: First Step Towards the Production of 6% Battery-Grade Lithium Hydroxide Resource

VANCOUVER, British Columbia, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology (CSE:FAT) (OTC Pink:FRRSF) (FSE:F0R) (www.foremostlithium.com) (“Foremost” or the “Company”) is pleased to announce it has received a permit from the Province of Manitoba to extract a bulk sample from its Zoro Lithium Project located in the historic mining district of Snow Lake, Manitoba.

Foremost Lithium plans to extract a 500-kilogram bulk sample of spodumene-bearing pegmatite from Dyke 1 on its Zoro Lithium Project. The bulk sample will be shipped to a reputable third party for metallurgical testing and process development. A 2020 peer reviewed technical publication co-authored with SGS Mineral Services concluded that spodumene-bearing pegmatite from Zoro Dyke 1 can be processed using industry standard metallurgy to produce a 6% battery-grade lithium (Li2O) concentrate.i The goal for the upcoming 500 kg bulk sample is to demonstrate that pegmatite from the Company’s Zoro Lithium Project is suitable to produce battery-grade lithium hydroxide (LiOH) thereby making it viable to market its lithium to strategic partners prior to development.

Scott Taylor, President and CEO of Foremost Lithium states “In addition to the Zoro Lithium Project, recently collected samples from our Jean Lake Lithium Project returned high-grade assays of 3.89% to 5.17% Li2O%. Given the similarity in mineralogy of the Beryl pegmatite to Dyke 1 on the Zoro property, the potential to produce battery-grade lithium hydroxide from the Beryl pegmatite is a distinct possibility. As such, the extraction of a bulk sample at the Beryl pegmatite for purposes of third-party metallurgy is currently being planned. This is the first step in our journey and commitment to shareholders to deliver a secure domestic supply of battery-grade lithium hydroxide.”

About Foremost Lithium

Foremost Lithium is an energy tech company driven to being one of the first North American Companies committed to produce high quality battery-grade lithium hydroxide domestically to fuel the electric vehicle battery market. Given the importance and global focus on increasing energy decarbonization, especially when it comes to vehicles, The Company is hyper-focused in continued exploration and growth on its three lithium properties, Jean Lake and Zoro located in Snow Lake, Manitoba, and Hidden Lake in the Northwest Territories. Foremost Lithium also holds assets in precious commodities with its Winston Gold/Silver Project in New Mexico, USA.

Scott Taylor
President and CEO
Foremost Lithium Resource &Technology
scott.taylor@foremostlithium.com
1 604 330-8067

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
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Captain Black Bob Blanco Captain Black Bob Blanco 2 years ago
FAR Resources Letter to Shareholders

VANCOUVER, British Columbia, Dec. 30, 2021 (GLOBE NEWSWIRE) -- FAR Resources Ltd (CSE:FAT) (FSE:F0R) (OTC Pink:FRRSF) (www.farresources.com) (“FAR Resources” or the “Company”) is pleased to provide the following letter from the President and CEO, Scott Taylor:

Dear Shareholders,

As FAR Resources newly installed President CEO, and in keeping with my commitment to re-build market trust and maintain transparent shareholder communications, I offer the following corporate update and planned overview for 2022. Firstly, thank-you to all shareholders who overwhelmingly voted for change at our recent AGM. Speaking on behalf of the new Board of Directors, we are committed to earning your confidence and to moving FAR forward in the upcoming year!

Globally, lithium exploration companies are enjoying a robust year and we plan to develop FAR’s properties in a way that is consistent and on-par with our peers in 2022. Previous management’s failed strategy led to a massive disconnect between the Company’s valuable assets and the share price in 2021. The Board and management of your company are committed to eliminating this disconnect and to start creating real value for our shareholders. For immediate action, I can confirm the following:

We have concluded our airborne geophysical survey over Jean Lake and final interpretation of results are being confirmed by Dr. Mark Fedikow and will be disclosed in the near future
We have completed the reporting and documentation required to receive Phase 2 of the $300,000 grant awarded by The Manitoba Mineral Development Fund ("MMDF")
Finalizing corporate branding including company name change reflecting commitment to lithium production, which will include launch of new website, corporate imaging and marketing materials by the beginning of the year
Had successful strategy sessions in New York City mid-December with natural resource market experts to enlarge our US footprint and influence international contacts and players in the lithium space. I was very well received and the market appears hungry for exciting, new lithium opportunities
An application was submitted for an up listing from the OTC Pink to the OTCQB Venture Market
Recently personally visited New Mexico to understand the issues causing delays in our drilling plans of our Winston Gold/Silver Project. Dr. Michael Feinstein (the on-site team geologist), and I have a subsequent on-site meeting mid-January in to discuss advancement of the Project, and to resolve our stalled progress
Extensive due diligence continues on the Hidden Lake program in the NWT and an analysis of strategic options to enhance the value of this lithium asset is ongoing
It is our promise to move the company forward through exploration, drilling and resource delineation as we are in possession of three excellent lithium properties and one outstanding gold/silver property. We plan to get drills in the ground in 2022 and monetize our assets. Far Resources (soon to be XXXXXX Lithium) is poised to take advantage of the global demand for lithium fueled by the explosive growth in the EV market and crucial adoption of green technologies. Our company is well positioned and has infinite potential. With the disciplined execution of our business strategies, we shall solidify and expand our position in the North American lithium sector with confidence in 2022!

Wishing you all the best in the coming year!

Scott Taylor

President and CEO, Far Resources LTD.

About Far

Far Resources is an energy tech company driven to being one of the first North American Companies committed to produce high quality battery-grade lithium hydroxide domestically to fuel the electric vehicle battery market. Given the importance and global focus on increasing energy decarbonization, especially when it comes to vehicles, The Company is hyper-focused in continued exploration and growth on its three lithium properties, Zoro and Jean Lake located in Snow Lake, Manitoba, and Hidden Lakes in the Northwest Territories. Far Resources also holds assets in precious commodities with its Winston Gold/Silver Project in New Mexico, USA.

Scott Taylor

President and CEO

Far Resources Ltd

scott.taylor@farresources.com

1 604 330-8067
Scott Taylor
President and CEO
Far Resources Ltd.
scott.taylor@farresources.com

1 604 330-8067

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
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Renee Renee 2 years ago
FRRSF: effective Jan. 7,2022 Far Resources Ltd. will change to Foremost Lithium Resource and Technology Ltd.:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
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UKdude UKdude 2 years ago
Seems like this one may run for a few days... Maybe get to $1???

GLTY
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WalkInClouds WalkInClouds 2 years ago
This one has come alive. Good things happening with the company, and their mining opportunities. $FRRSF
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jjr04001 jjr04001 3 years ago
Opening mine here for the bounce. $FRRSF
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masterarms masterarms 3 years ago
Closed my position here with a loss of $3,500. Over it.
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masterarms masterarms 3 years ago
Very happy to see volume
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InItToWin InItToWin 3 years ago
http://login.limecellular.com/t/1a74

Could be the beginning of a bust out.
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Jrod301 Jrod301 3 years ago
Keeping an eye on this one. Bought some today, I think this will explode. IMO
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GergM GergM 3 years ago
Just bought today based on a lead its going to shoot up. Lots volume today. Lets go $FRRSF.
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masterarms masterarms 4 years ago
Seems company is beginning to become more active. Would love to get more eyes on this.
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masterarms masterarms 5 years ago
Should start to see some volume here again. Definitely a steal at .11
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masterarms masterarms 5 years ago
News
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masterarms masterarms 5 years ago
Ooo nice volume coming in. Do we have some interest?
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masterarms masterarms 5 years ago
Yea, half of me thinks this is pure pump and dump due to the timing at which the stock was brought to my attention and how the person who got me in has been out for quite some time.
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Money $hot Money $hot 5 years ago
Sad

/////AMG
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whytestocks whytestocks 5 years ago
News: $FRRSF Far Resources Announces Continued Drilling Success at its Zoro Lithium Project, Manitoba, with Significant Expansion of Dyke 8 Mineralisation and Discovery of New Spodumene-bearing Pegmatite Dykes

VANCOUVER, BC / ACCESSWIRE / January 18, 2019 / Far Resources Ltd (CSE:FAT) (FSE:F0R) (OTC:FRRSF) is pleased to announce that is has completed 16 diamond drill holes at its 100% owned Zoro Lithium Project near Snow Lake in mining friendly Manitoba, resulting in both new discoveries and expan...

Find out more https://marketwirenews.com/news-releases/far-resources-announces-continued-drilling-success-at-its-zoro-lithium-project-manitoba-with-significant-expansion-of-dyke-8-mineralisation-and-discovery-of-new-spodumene-bearing-pegmatite-dykes-7092974.html
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masterarms masterarms 5 years ago
Heyyyy, let's see some more volume
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masterarms masterarms 5 years ago
I need to learn to sell, lol. To go from being up 5k to down almost 5k. Feels bad.
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mdb1 mdb1 5 years ago
Hard to believe this was almost $1/share - not that long ago. $.06 is the valuation it deserves imo.
👍️0
mdb1 mdb1 6 years ago
$.06s, back to valuation it deserves.
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masterarms masterarms 6 years ago
I agree with your analysis
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BamaDale BamaDale 6 years ago
Just finished reading yesterday's Press Release and I found it overall encouraging. FAR is at last following the recommended industry standard tests and I think this will add to the credibility of their reports. What we need to do now is to get the entire lithium industry back on the front burner.

I found this interesting in the report as well. "Inferred Mineral Resources are not Mineral Reserves. Mineral resources which are not mineral reserves do not have demonstrated economic viability. There has been insufficient exploration to define the inferred resources as an indicated or measured mineral resource, however, it is reasonably expected that the majority of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. There is no guarantee that any part of the mineral resources discussed herein will be converted into a mineral reserve in the future."

At the point FAR converts this work into mineral reserves and then makes a sale, we'll all be glad we've held these shares.

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masterarms masterarms 6 years ago
Big news?
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MSU MSU 6 years ago
The news is about to be released, then no money will be able to buy this!
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MSU MSU 6 years ago
News coming!
Hold on to your shares.
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ramplead ramplead 6 years ago
the current CEO just screwed the pooch is all.
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masterarms masterarms 6 years ago
I don't believe so but honestly... I mean, who ever really knows lol.

Im not selling down here, that's what I know.
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MSU MSU 6 years ago
Could this be a scam?
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masterarms masterarms 6 years ago
Yup, we touched like 80 or 90 cents. I was holding then. If only I sold... Lol
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mdb1 mdb1 6 years ago
Just think FAR was at almost $1 just a few months ago. Crazy that it went so high.
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sedejong sedejong 6 years ago
145 shares traded today....I think it is time to call this one dead. Just wish I would have sold off more when the price was good yet. :(
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tmac1979 tmac1979 6 years ago
I think this is an important week for this stock. Hopefully we can end the week in the .20+ range. I’m tired of seeing my money decrease.
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mdb1 mdb1 6 years ago
Is Far going sub $.10???????
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mdb1 mdb1 6 years ago
it hit $.15s again today.
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masterarms masterarms 6 years ago
The company is looking for a buyout, from what I understand.

I don't really think they care about the current pps, they know they own lithium and it's worth $$.

Could go down to sub penny and it wouldnt change the fundamentals. Hopefully that doesn't happen though, I'd like to get $1+ out of my shares
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MSU MSU 6 years ago
News and the stock continued to drop.
No interest in buyers, better show Revenue, or this is nothing but a dust trail.
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kcjones kcjones 6 years ago
Two great properties now!!

https://www.farresources.com/far-resources-completes-drill-program-at-its-high-grade-hidden-lake-lithium-project-nwt-and-confirms-spodumene-mineralised-pegmatite-in-every-hole/
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masterarms masterarms 6 years ago
I wouldn't say we're out of the forest yea but definitely on the way. My cost average is .43 because I was averaging up on the way to .8

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Palo Palo 6 years ago
https://www.wallstreet-online.de/diskussion/1242534-1261-1270/far-resources-lithium-spodumene-bearing-pegmatite-dykes#neuster_beitrag

GLTA...
👍️0
masterarms masterarms 6 years ago
Yea, almost back to where I started haha.

It was free $$ down there, I wish I hadn't blown all my powder on the way down.
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mdb1 mdb1 6 years ago
Wow, what a rally from $.14s. Impressive: 2X up.
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masterarms masterarms 6 years ago
57k shares traded so far today - for 11k.

Crazy to think I had almost 11k in shares not long ago and that looks like pennies now, lol.

This stock is a good buy down here.
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SilkRoad SilkRoad 6 years ago
Look at the bright side, at least you didn’t invest in BONU and lose everything like I did. I just found this stock today. Looks interesting. Then again, you know what they say about miners.
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