Foremost Lithium Resource & Technology (NASDAQ:FMST – Get Free Report) and Nouveau Monde Graphite (NYSE:NMG – Get Free Report) are both small-cap basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, profitability, institutional ownership, valuation, dividends, analyst recommendations and risk.
Profitability
This table compares Foremost Lithium Resource & Technology and Nouveau Monde Graphite’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Foremost Lithium Resource & Technology | N/A | -36.90% | -30.41% |
Nouveau Monde Graphite | N/A | -87.60% | -43.21% |
Analyst Recommendations
This is a breakdown of recent ratings for Foremost Lithium Resource & Technology and Nouveau Monde Graphite, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Foremost Lithium Resource & Technology | 0 | 0 | 0 | 0 | N/A |
Nouveau Monde Graphite | 0 | 0 | 1 | 0 | 3.00 |
Institutional and Insider Ownership
0.1% of Foremost Lithium Resource & Technology shares are owned by institutional investors. Comparatively, 41.1% of Nouveau Monde Graphite shares are owned by institutional investors. 22.7% of Nouveau Monde Graphite shares are owned by insiders. 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.
Valuation & Earnings
This table compares Foremost Lithium Resource & Technology and Nouveau Monde Graphite’s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Foremost Lithium Resource & Technology | N/A | N/A | -$3.32 million | ($0.73) | -4.03 |
Nouveau Monde Graphite | N/A | N/A | -$41.47 million | ($0.72) | -2.19 |
Foremost Lithium Resource & Technology is trading at a lower price-to-earnings ratio than Nouveau Monde Graphite, indicating that it is currently the more affordable of the two stocks.
Summary
Nouveau Monde Graphite beats Foremost Lithium Resource & Technology on 6 of the 9 factors compared between the two stocks.
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.
About Nouveau Monde Graphite
Nouveau Monde Graphite Inc. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. It primarily explores for graphite. The company's holds interest in the Matawinie Mine Project and the Battery Material Plant project situated in the Montreal, Quebec. It also engages in the real estate and trading businesses. The company was formerly known as Nouveau Monde Mining Enterprises Inc. and changed its name to Nouveau Monde Graphite Inc. in February 2017. Nouveau Monde Graphite Inc. was founded in 2011 and is headquartered in Saint-Michel-des-Saints, Canada.
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