Foremost Lithium Resource & Technology Ltd. (NASDAQ:FMST) Short Interest Update

Foremost Lithium Resource & Technology Ltd. (NASDAQ:FMST) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 59,800 shares, an increase of 48.8% from the October 15th total of 40,200 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is presently 6.6 days.

Foremost Lithium Resource & Technology Trading Down 1.5 %

Shares of NASDAQ:FMST traded down $0.03 during mid-day trading on Friday, reaching $1.95. The stock had a trading volume of 10,215 shares, compared to its average volume of 22,593. The company has a market cap of $14.22 million, a P/E ratio of -2.95 and a beta of 3.20. The business’s 50 day moving average price is $2.61 and its 200 day moving average price is $2.68. Foremost Lithium Resource & Technology has a 1 year low of $1.90 and a 1 year high of $4.25.

Foremost Lithium Resource & Technology (NASDAQ:FMST) last posted its earnings results on Wednesday, August 14th. The company reported ($0.12) EPS for the quarter. Analysts predict that Foremost Lithium Resource & Technology will post -0.42 earnings per share for the current fiscal year.

Foremost Lithium Resource & Technology Company Profile

Foremost Lithium Resource & Technology Ltd., an exploration stage company, engages in the hard-rock exploration and acquisition of lithium properties in Canada. Its lithium properties cover approximately 43,000 acres in Snow Lake, Manitoba, and hosts a Lac Simard South property in a lithium camp situated on approximately 11,400 acres in Quebec.