Table of Contents

company-logo

Foremost Lithium Resource & Technology Ltd., an exploration stage 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 consists of 16 claims covering an area of approximately 3,003 hectares located in the Snow Lake, Manitoba; the Winston property that consists of 140 unpatented mining claims and 2 patented Ivanhoe and Emporia lode mining claims covering an area of approximately 2,800 acres located in Sierra County, New Mexico; and the Lac Simard South property comprising 60 claims covering an area of approximately 3,485 hectares located in the Province of Quebec. It also holds an option agreement to acquire a 100% interest in the Jean Lake lithium-gold project that consists of 5 mineral claims covering an area of approximately 1002 hectares located to the north of Winnipeg; Grass River property, which consists of 29 claims covering an area of approximately 6,299 hectares located in the Snow Lake, Manitoba, as well as Peg North property that comprises 28 mineral claims covering an area of approximately 6,757 hectares located in the Snow Lake, Manitoba. 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.

Foremost Lithium Resource & Technology Dividend Announcement

• Foremost Lithium Resource & Technology does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Foremost Lithium Resource & Technology dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Foremost Lithium Resource & Technology Dividend History

Foremost Lithium Resource & Technology Dividend Yield

Foremost Lithium Resource & Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Foremost Lithium Resource & Technology stock? Use our calculator to estimate your expected dividend yield:

Foremost Lithium Resource & Technology Financial Ratios

P/E ratio-2.38
PEG ratio0.01
P/B ratio0.88
ROE-34.77%
Payout ratio0.00%
Current ratio0.14
Quick ratio0.14
Cash Ratio0.04

Foremost Lithium Resource & Technology Dividend FAQ

Does Foremost Lithium Resource & Technology stock pay dividends?
Foremost Lithium Resource & Technology does not currently pay dividends to its shareholders.
Has Foremost Lithium Resource & Technology ever paid a dividend?
No, Foremost Lithium Resource & Technology has no a history of paying dividends to its shareholders. Foremost Lithium Resource & Technology is not known for its dividend payments.
Why doesn't Foremost Lithium Resource & Technology pay dividends?
There are several potential reasons why Foremost Lithium Resource & Technology would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Foremost Lithium Resource & Technology ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Foremost Lithium Resource & Technology has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Foremost Lithium Resource & Technology a dividend aristocrat?
Foremost Lithium Resource & Technology is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Foremost Lithium Resource & Technology a dividend king?
Foremost Lithium Resource & Technology is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Foremost Lithium Resource & Technology a dividend stock?
No, Foremost Lithium Resource & Technology is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Foremost Lithium Resource & Technology stocks?
To buy Foremost Lithium Resource & Technology you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Foremost Lithium Resource & Technology stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.