enCore Energy (NASDAQ:EU) vs. Foremost Lithium Resource & Technology (NASDAQ:FMST) Head-To-Head Review

enCore Energy (NASDAQ:EU) and Foremost Lithium Resource & Technology (NASDAQ:FMST) are both small-cap basic materials companies, but which is the better investment? We will compare the two companies based on the strength of their risk, dividends, earnings, profitability, valuation, analyst recommendations and institutional ownership.

Valuation and Earnings

This table compares enCore Energy and Foremost Lithium Resource & Technology’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
enCore Energy	$30.39 million	22.14	-$22.39 million	($0.13)	-28.08
Foremost Lithium Resource & Technology	N/A	N/A	-$3.32 million	($0.73)	-3.75

Foremost Lithium Resource & Technology has lower revenue, but higher earnings than enCore Energy. enCore Energy is trading at a lower price-to-earnings ratio than Foremost Lithium Resource & Technology, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of recent ratings and target prices for enCore Energy and Foremost Lithium Resource & Technology, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
enCore Energy	0	0	2	0	3.00
Foremost Lithium Resource & Technology	0	0	0	0	N/A

enCore Energy currently has a consensus price target of $6.75, suggesting a potential upside of 84.93%. Given enCore Energy’s higher probable upside, equities analysts plainly believe enCore Energy is more favorable than Foremost Lithium Resource & Technology.

Insider and Institutional Ownership

20.9% of enCore Energy shares are owned by institutional investors. Comparatively, 0.1% of Foremost Lithium Resource & Technology shares are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares enCore Energy and Foremost Lithium Resource & Technology’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
enCore Energy	N/A	-6.37%	-5.46%
Foremost Lithium Resource & Technology	N/A	-36.90%	-30.41%

Summary

enCore Energy beats Foremost Lithium Resource & Technology on 7 of the 9 factors compared between the two stocks.

About enCore Energy

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico. In addition, it holds interest in the White Canyon District and Utah property package, including the Geitus, Blue Jay, Marcy Look, and Cedar Mountain projects located to the northwest of the White Mesa Mill at Blanding County, Utah. Further, the company holds a 100% interest in Dewey Burdock project comprises approximately 12,613 surface acres and 16,962 net mineral acres located in South Dakota; Gas Hills project consists of approximately 1,280 surface acres and 12,960 net mineral acres of unpatented lode mining claims located in Wyoming; and West Largo project consist of approximately 3,840 acres located in McKinley County, New Mexico. Additionally, it holds a 100% interest in Ambrosia Lake – Treeline property consists of deeded mineral rights totaling 24,555 acres and unpatented mining claims covering approximately 1,700 acres; and Checkerboard mineral rights covering a land position of approximately 300,000 acres located in the Grants Uranium District. The company was formerly known as Wolfpack Gold Corp. and changed its name to enCore Energy Corp. in August 2014. enCore Energy Corp. is headquartered in Corpus Christi, Texas.

About Foremost Lithium Resource & Technology

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. The company's flagship lithium lane projects, as well as its Lac Simard South project are located at the tip of the NAFTA superhighway. It also has Winston gold/silver property in New Mexico, the United States. The company was formerly known as Far Resources Ltd. and changed its name to Foremost Lithium Resource & Technology Ltd. in January 2022. Foremost Lithium Resource & Technology Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.