Weiss Ratings Reiterates “Sell (D-)” Rating for Foremost Clean Energy (NASDAQ:FMST)

Foremost Clean Energy (NASDAQ:FMST)‘s stock had its “sell (d-)” rating restated by stock analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised shares of Foremost Clean Energy from a “sell” rating to a “hold” rating in a report on Friday, June 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Foremost Clean Energy presently has a consensus rating of “Sell”.

Foremost Clean Energy Price Performance

FMST opened at $3.57 on Wednesday. The company has a market cap of $43.20 million, a price-to-earnings ratio of -7.93 and a beta of 6.15. Foremost Clean Energy has a 52-week low of $0.55 and a 52-week high of $5.74. The firm’s fifty day simple moving average is $3.03 and its two-hundred day simple moving average is $2.47.

Foremost Clean Energy (NASDAQ:FMST) last posted its quarterly earnings data on Tuesday, August 12th. The company reported $0.03 earnings per share (EPS) for the quarter. On average, research analysts forecast that Foremost Clean Energy will post -0.58 EPS for the current year.

Institutional Trading of Foremost Clean Energy

An institutional investor recently bought a new position in Foremost Clean Energy stock. Fulton Bank N.A. bought a new position in Foremost Clean Energy Ltd. (NASDAQ:FMST) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 20,000 shares of the company’s stock, valued at approximately $66,000. Fulton Bank N.A. owned about 0.18% of Foremost Clean Energy as of its most recent SEC filing. 0.13% of the stock is currently owned by 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.