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Foremost Lithium Resource & Technology Ltd. (FRRSF)
Key financial summary
Financials in CAD| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CAD m | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating profit | CAD m | -3 | -3 | |||||
| Net profit | CAD m | -11 | -3 | -2 | -3 | -4 | 1 | 1 |
| EPS reported | CAD | 0.24 | 0.17 | |||||
| Operating cashflow per share | CAD | -0.65 | -0.47 | |||||
| Capex per share | CAD | 0.08 | 0.00 | |||||
| FCF per share | CAD | -0.72 | -0.47 | |||||
| Free cash flow | CAD m | -3 | -3 | |||||
| Net debt | CAD m | 1 | 1 | |||||
| Book value equity | CAD m | 10 | 10 | |||||
| Book value per share | CAD | 2.59 | 2.59 | |||||
| Number of shares | m | 4.01 | 4.01 | |||||
| DPS (TTM paid) | CAD | 0.00 | 0.00 |
Financial summary
Financials in CAD| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 36.36 | - | |||||
| P/B LTM | x | 3.20 | 164.71 | |||||
| P/S LTM | x | 0.00 | 0.00 | |||||
| P/FCF LTM | x | -12.01 | -644.99 | |||||
| EV/EBITDA LTM | x | -13.37 | 1,180.75 | |||||
| EV/Sales LTM | x | 0.00 | 0.00 | |||||
| Earnings Yield LTM | % | 2.75% | -59.30% | |||||
| FCF Yield | % | -8.32% | -0.16% | |||||
| Quality | ||||||||
| ROE | % | 9.21% | -24.18% | |||||
| ROIC | % | -21.78% | -25.10% | |||||
| Operating margin | % | 0.00% | 0.00% | |||||
| Gross margin | % | 0.00% | 0.00% | |||||
| FCF/Sales | % | - | - | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | - | - | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | -2.15 | -2.05 | |||||
| Net Debt/EBITDA | x | -0.28 | 0.29 | |||||
| EBIT/Net interest | x | -24.46 | -57.98 | |||||
| Net debt/market cap | % | 2.06% | 0.04% | |||||
| Net debt/Equity | x | 0.07 | 0.06 | |||||
| Gross debt/equity | x | 0.12 | 0.12 | |||||
Company overview
Foremost Lithium Resource & Technology Ltd., an exploration firm established in Vancouver, Canada, in 2005, focuses on identifying and developing mineral deposits throughout Canada and the United States. The company, which operated under the name Far Resources Ltd. until its official rebranding on January 4, 2022, primarily seeks out lithium, silver, and gold resources. Its significant assets include the Zoro Lithium project, entirely owned by Foremost Lithium, which encompasses three adjacent claims spanning approximately 3,603 hectares in Snow Lake, Manitoba. The company also holds full ownership of the Winston property in Sierra County, New Mexico, a site comprising 149 unpatented lode claims, the patented Ivanhoe and Emporio claims, and four additional unpatented mining claims. Furthermore, Foremost Lithium possesses an option agreement to acquire complete ownership (100% interest) of the Jean Lake lithium-gold project, which covers an area of 1,002 hectares situated just north of Winnipeg. Its portfolio is rounded out by a 90% stake in the Hidden Lake project, consisting of five contiguous claims that extend across roughly 1,659.29 hectares within the Northwest Territories.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Foremost Lithium Resource & Technology Ltd. (FRRSF)
Foremost Lithium Resource & Technology Ltd., an exploration firm established in Vancouver, Canada, in 2005, focuses on identifying and developing mineral deposits throughout Canada and the United States. The company, which operated under the name Far Resources Ltd. until its official rebranding on January 4, 2022, primarily seeks out lithium, silver, and gold resources. Its significant assets include the Zoro Lithium project, entirely owned by Foremost Lithium, which encompasses three adjacent claims spanning approximately 3,603 hectares in Snow Lake, Manitoba. The company also holds full ownership of the Winston property in Sierra County, New Mexico, a site comprising 149 unpatented lode claims, the patented Ivanhoe and Emporio claims, and four additional unpatented mining claims. Furthermore, Foremost Lithium possesses an option agreement to acquire complete ownership (100% interest) of the Jean Lake lithium-gold project, which covers an area of 1,002 hectares situated just north of Winnipeg. Its portfolio is rounded out by a 90% stake in the Hidden Lake project, consisting of five contiguous claims that extend across roughly 1,659.29 hectares within the Northwest Territories.
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