Foremost Lithium Resource & Technology Ltd. (FRRSF)
Foremost Lithium Resource & Technology Ltd. operates in the Chemicals industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $6.05, up 0.83% on the session, giving a market capitalisation of $1.20B. On trailing twelve-month figures it carries a trailing P/E of -1.74, a net margin of 0.0%. Its beta of 1.84 implies it has historically moved more than the broad market.
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.
Foremost Lithium Resource & Technology Ltd. is most often compared with the following Basic Materials names: