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

Foremost Lithium Resource & Technology Ltd. (NASDAQ:FMST) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 40,200 shares, an increase of 44.1% from the September 30th total of 27,900 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average trading volume of 7,600 shares, the short-interest ratio is currently 5.3 days.

Foremost Lithium Resource & Technology Trading Up 3.3 %

Shares of NASDAQ:FMST traded up $0.08 during trading on Tuesday, reaching $2.47. 9,112 shares of the stock were exchanged, compared to its average volume of 23,242. Foremost Lithium Resource & Technology has a 12 month low of $1.99 and a 12 month high of $4.25. The firm has a market cap of $13.55 million, a PE ratio of -3.38 and a beta of 3.07. The stock has a 50-day moving average price of $2.85 and a 200-day moving average price of $2.72.

Foremost Lithium Resource & Technology (NASDAQ:FMST) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.12) earnings per share (EPS) for the quarter. On average, sell-side analysts expect 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.