
Foremost Lithium Resource & Technology Ltd., an exploration company, engages in the identification and development of mineral properties in Canada and the United States. It explores for lithium, silver, and gold properties. The company has 100% interests in the Zoro Lithium project that comprise three contiguous areas/claims with a total area of approximately 3,603 hectares located in Snow Lake, Manitoba; and the Winston property that includes 149 unpatented lode, the Ivanhoe and Emporio patented, and four unpatented mining claims located in Sierra County, New Mexico. It also holds an option agreement to acquire a 100% interest in the Jean Lake lithium-gold project that covers an area of 1002 hectares located to the north of Winnipeg, as well as 90% interests in the Hidden Lake project comprises five contiguous claims covering approximately 1,659.29 hectares located in the Northwest Territories. The company was formerly known as Far Resources Ltd. and changed its name to Foremost Lithium Resource & Technology Ltd. in January 4, 2022. Foremost Lithium Resource & Technology Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.
Foremost Lithium Resource & Technology Ltd. trades as FRRSF on OTC. The company is classified in Basic Materials / Chemicals and reports in USD.
The current profile places the business in Chemicals. This section is intended to summarize the operating segments, products, geographies, and main revenue lines from official filings.
Latest available fiscal data shows $0 of revenue and $956,578 of net income.
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Foremost Lithium Resource & Technology Ltd. can be compared against peers such as Adbri Limited, Azure Minerals Limited, China BlueChemical Ltd., China Shanshui Cement Group Limited, Vesuvius plc, China Oriental Group Company Limited.
A complete thesis should compare growth, margins, balance-sheet risk, valuation multiples, and market position against direct competitors.
Current signals to investigate include market capitalization of $1.20B, beta of 1.84, and return on equity of +9.2%.
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Key risks should include financial leverage, cyclicality, customer concentration, regulatory exposure, currency risk, and execution risk.
FRRSF currently shows total debt of $1.29M and beta of 1.84. Missing data should be treated as a research gap, not as low risk.
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Company website: https://www.foremostlithium.com
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