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Foremost Lithium Resource & Technology Ltd
CNSX:FAT

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Foremost Lithium Resource & Technology Ltd
CNSX:FAT
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Price: 2.36 CAD -3.28% Market Closed
Market Cap: CA$34.4m

P/E

-10.1
Current
127%
More Expensive
vs 3-y average of -4.5

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-10.1
=
Market Cap
CA$34.9m
/
Net Income
CA$-3.4m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-10.1
=
Market Cap
CA$34.9m
/
Net Income
CA$-3.4m

Valuation Scenarios

Foremost Lithium Resource & Technology Ltd is trading above its industry average

If P/E returns to its Industry Average (15.4), the stock would be worth CA$-3.59 (252% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-284%
Maximum Upside
No Upside Scenarios
Average Downside
268%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -10.1 CA$2.36
0%
Industry Average 15.4 CA$-3.59
-252%
Country Average 18.6 CA$-4.34
-284%

Forward P/E
Today’s price vs future net income

Not enough data available to calculate forward P/E

Peer Comparison

Market Distribution

Lower than 100% of companies in Canada
Percentile
0th
Based on 1 768 companies
0th percentile
-10.1
Low
0 — 14.2
Typical Range
14.2 — 29.3
High
29.3 —
Distribution Statistics
Canada
Min 0
30th Percentile 14.2
Median 18.6
70th Percentile 29.3
Max 19 628.5

Foremost Lithium Resource & Technology Ltd
Glance View

Market Cap
34.4m CAD
Industry
N/A

Foremost Lithium Resource & Technology Ltd. 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 is focused on producing high quality, battery-grade lithium hydroxide domestically to fuel the electric vehicle battery market. The firm has three lithium properties: Zoro and Jean Lake located in Snow Lake, Manitoba, and Hidden Lakes in the Northwest Territories. Its Jean Lake Lithium gold project consists of five claims and spans 2,500 acres in the eastern portion of the Proterozoic Flin-Flon-Snow Lake greenstone belt of the Canadian Shield. Its Zoro Lithium Project consists of 8,900 acres. Its Hidden Lake Lithium Project is located 45 kilometer (km) east-northeast from Yellowknife. The property hosts at least 10 lithium bearing spodumene pegmatite dykes. The company also holds an asset in precious commodities with Winston Group of Properties, is a Gold and Silver located in the Black Range in Sierra County, New Mexico.

FAT Intrinsic Value
0.4 CAD
Overvaluation 83%
Intrinsic Value
Price CA$2.36
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