FMST:NASDAQForemost Clean Energy Ltd. Analysis
Data as of 2026-09-24 - not real-time
$0.73
Latest Price
9/10Risk
Risk Level: High
Executive Summary
Foremost Clean Energy Ltd. is priced at $0.7327 and its moving averages line up in bearish order, the shorter trailing the longer. Over a rolling month the price has lost 44.5%. With RSI at 28.5 the momentum picture is oversold, alongside a bearish MACD signal. Price has been bracketed by support at $0.7070 and resistance at $1.21.
The company is not currently profitable on a trailing basis, so earnings multiples offer no valuation support.
On a 1-10 scale the risk profile lands at 9 — high. With 30-day volatility of 70.3%, a beta of 2.86 and a maximum drawdown of 83.3%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Near-term and long-term part ways here — sell short-term against hold longer out, with 3/10 conviction on the long call.
The company is not currently profitable on a trailing basis, so earnings multiples offer no valuation support.
On a 1-10 scale the risk profile lands at 9 — high. With 30-day volatility of 70.3%, a beta of 2.86 and a maximum drawdown of 83.3%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Near-term and long-term part ways here — sell short-term against hold longer out, with 3/10 conviction on the long call.
Top Market Events
VANCOUVER, British Columbia, Aug. 28, 2026 GLOBE NEWSWIRE -- Foremost Clean Energy Ltd. "Foremost" or the "Company"...VANCOUVER, British Columbia, Aug. 28, 2026 GLOBE NEWSWIRE -- Foremost Clean Energy Ltd. “Foremost” or the...VANCOUVER, British Columbia, Aug. 14, 2026 GLOBE NEWSWIRE -- Foremost Clean Energy Ltd. NASDAQ: FMST CSE: FAT...
Market Outlook
Short Term
< 1 yearCautious
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked below long-term ones
- RSI at 28.5 signals oversold conditions
- Trading below the 200-day average of 1.79
Medium Term
1–3 yearsCautious
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked below long-term ones
- RSI at 28.5 signals oversold conditions
- Trading below the 200-day average of 1.79
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- Negative return on equity of -25.7%
- Negative free cash flow
- 30-day volatility of 70.3%
Key Metrics & Analysis
Financial Health
P/E Ratio-1.7
ROE-25.67%
ROA-8.98%
P/B Ratio0.5
Op. Cash Flow$-7658659
Free Cash Flow$-10742992
Technical Analysis
TrendBearish
RSI28.5
Support$0.71
Resistance$1.21
MA 20$0.91
MA 50$1.23
MA 200$1.79
MACDBearish
VolumeStable
Fear & Greed Index93.39
Valuation
GradeFair
TypeBlend
Risk Assessment
Beta2.86
Volatility70.35%
Sector RiskMedium
Reg. RiskMedium
Geo RiskLow
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.