Foremost Clean Energy (NASDAQ:FMST) Posts Quarterly Earnings Results

Foremost Clean Energy (NASDAQ:FMST) posted its quarterly earnings data on Thursday. The company reported ($0.15) earnings per share (EPS) for the quarter, Zacks reports.

Foremost Clean Energy Price Performance

NASDAQ:FMST traded down $0.17 during midday trading on Friday, hitting $2.26. The company’s stock had a trading volume of 276,920 shares, compared to its average volume of 344,849. The firm’s 50 day moving average is $3.19 and its 200-day moving average is $2.97. The firm has a market cap of $27.35 million, a P/E ratio of -5.79 and a beta of 6.15. Foremost Clean Energy has a fifty-two week low of $0.55 and a fifty-two week high of $5.74.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Foremost Clean Energy in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Foremost Clean Energy

A hedge fund recently bought a new stake in Foremost Clean Energy stock. Jane Street Group LLC bought a new position in shares of Foremost Clean Energy Ltd. (NASDAQ:FMST) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,279 shares of the company’s stock, valued at approximately $57,000. Jane Street Group LLC owned about 0.14% of Foremost Clean Energy as of its most recent SEC filing. 0.13% of the stock is owned by hedge funds and other institutional investors.

Foremost Clean Energy Company Profile

Foremost Clean Energy Ltd. engages in uranium and lithium exploration. Its uranium properties include the Eastern Athabasca and Blue Sky projects. The firm also maintains a secondary portfolio of lithium projects including Zoro, Jean Lake, Peg North, Grass River, and Jol. It operates through the Canada and United States geographical segments.