Foremost Clean Energy Ltd (NASDAQ:FMST) does about 185.77K shares in volume on a normal day but saw 2188453 shares change hands in the recent trading day. The company now has a market cap of 24.92M USD. Its current market price is $2.41, marking an increase of 14.22% compared to the previous close of $2.11. The 52 week high reached by this stock is $3.30 whilst the lowest price level in 52 weeks is $0.55.
Foremost Clean Energy Ltd (FMST) has a 20-day trading average at $1.11 and the current price is -26.97% off the 52-week high compared with 338.18% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.89 and its 200-day simple moving average is $1.76. If we look at the stock’s price movements over the week, volatility stands at 32.94%, which decreases to 19.41% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 84.87 to suggest the stock is overbought.
The consensus objective for the share price is $5.21, suggesting that the stock has a potential upside of 53.74% over the period.
The current price level is 116.63%, 170.69%, and 37.14% away from its SMA20, SMA50, and SMA200 respectively, with the FMST price moving below the 50-day SMA on current market day. Foremost Clean Energy Ltd (FMST) stock is up 127.49% over the week and 256.35% over the past month. Its price is 74.64% year-to-date and -1.63% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 53.74 percent from here.
Outstanding shares total 10.34M with insiders holding 30.95% of the shares and institutional holders owning 2.42% of the company’s common stock. The company has a return on investment of -23.68% and return on equity of -30.67%. The beta has a value of 1.40. Price to book ratio is 1.37.
