Contrasting Foremost Lithium Resource & Technology (NASDAQ:FMST) & NexGen Energy (NYSE:NXE)

Foremost Lithium Resource & Technology (NASDAQ:FMST) and NexGen Energy (NYSE:NXE) are both basic materials companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, valuation, institutional ownership, dividends, risk, analyst recommendations and earnings.

Institutional and Insider Ownership

0.1% of Foremost Lithium Resource & Technology shares are owned by institutional investors. Comparatively, 42.4% of NexGen Energy shares are owned by institutional investors. 5.6% of NexGen Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Foremost Lithium Resource & Technology	N/A	-21.63%	-17.61%
NexGen Energy	N/A	-15.45%	-12.41%

Valuation and Earnings

This table compares Foremost Lithium Resource & Technology and NexGen Energy’s gross 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	$720,000.00	N/A	N/A
NexGen Energy	N/A	N/A	$59.87 million	($0.01)	-697.30

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Foremost Lithium Resource & Technology and NexGen Energy, 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
NexGen Energy	0	0	2	1	3.33

NexGen Energy has a consensus price target of $11.00, suggesting a potential upside of 57.59%. Given NexGen Energy’s higher possible upside, analysts plainly believe NexGen Energy is more favorable than Foremost Lithium Resource & Technology.

Summary

NexGen Energy beats Foremost Lithium Resource & Technology on 8 of the 8 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 NexGen Energy

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds 100% interest in the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. The company is headquartered in Vancouver, Canada. NexGen Energy Ltd. operates as a subsidiary of Mega Uranium Ltd.