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Still Watching: Low Float (Nasdaq: FMST) Makes An Approx. 107% Short Term Run
May 16th Greetings, Friend!
Have you kept Foremost Clean Energy Ltd. (Nasdaq: FMST) high on your watchlist since its release last week?
If not, let me fill you in.
First off, I dropped off my FMST report for the morning of May 7th, when this Nasdaq profile opened at $1.06.
Fast-forward to today and pre-market. FMST has now climbed to a pre-bell high of $2.20 Friday!
That's a red-hot move of approx. 107% short term!
Congrats are in order for those who continued to keep this Nasdaq idea on your watchlist.
This is important. FMST has a low float of fewer than 8Mn shares, which means heightened volatility potential could surround it daily.
And with significant news out this week, it might not hurt to continue watching (Nasdaq: FMST) today. Take a look at my initial report below and consider this one again for your watchlist. -----
As global priorities shift toward sustainable energy, uranium emerges as a vital critical mineral in delivering dependable, low-carbon nuclear energy.
Renowned for its superior energy density and capacity to supply steady base-load power, uranium plays a pivotal role in advancing clean energy initiatives.
Knowing that, it's critical to pay attention to this...
A recent report points to a uranium explorer with a $5.45 price target from Zacks Small-Cap Research-representing a potential upside of over 400% compared to its closing price on Tuesday.
With fewer than 8Mn shares available, this low float profile could see increased volatility potential, making it especially noteworthy.
Especially since breakthrough mineralization discovery news from their Hatchet Uranium Project could quickly draw significant market attention.
Pause for a moment and consider this Nasdaq-listed uranium explorer for your radar:
Foremost Clean Energy Ltd. (Nasdaq: FMST)
Foremost Clean Energy is an emerging North American uranium exploration company focused on empowering the clean energy economy.
Their 10 prospective properties span over 330,000 acres in the prolific, uranium-rich Athabasca Basin in Saskatchewan, Canada.
With drill–ready targets on identified mineralization along strike of recent major discoveries, the company's portfolio is well situated to capitalize on the ongoing strength in the uranium market.
Foremost also maintains a secondary portfolio of significant lithium projects at different stages of development spanning 50,000+ acres across Manitoba and Quebec.
Learn More Here: Foremost Clean Energy's Website. -----
(Nasdaq: FMST) Has 4 Potential Catalysts To Consider Right Now
#1. FMST’s low float of approximately 7.62Mn shares may create conditions for heightened volatility due to its limited supply.
#2. Foremost Clean Energy announced a significant uranium mineralization discovery at Hatchet Lake, with high-grade intervals and ongoing drilling, validating its exploration strategy and partnership with Denison Mines Corp.
#3. Foremost is executing a fully funded $6.5Mn 2025 drill program across multiple projects targeting high-grade mineralization along major structures, while leveraging Denison Mines’ historical drilling/geophysical data to prioritize discovery-ready targets and eliminate early-stage exploration risk – enabling immediate focus on high-potential, mineralized zones that would typically require years to identify. This should enable a robust news flow and minimize risk to drilling.
#4. An analyst report from Zacks Small-Cap Research set a $5.45 price target for FMST, implying potential upside of over 400% from current levels (Tuesday's close). -----
Foremost Clean Energy Ltd. (Nasdaq: FMST) have overtaken my watchlist's top spot for this week.
When updates pop up, you'll have them quickly. Talk again shortly.
All the best, Dane James Editor Market Pulse Today
(Remember: St-ock Prices Could Be Significantly Lower Now From The Original Dates I Provided.)
*MarketPulseToday.com (“MarketPulseToday” or “MPT” ) is owned by Thousand Sun Media LLC, MPT is not responsible for its accuracy. Make sure to always do your own research and due diligence on any day and swing profile MPT brings to your attention. Any emojis used do not have a specific defined meaning, and may be used inconsistently. We do not provide personalized in-vest-ment advice, are not in-vest-ment advisors, and any profiles we mention are not suitable for all in-vest-ors.
Foremost Clean Energy Ltd. (FMST:US) (FAT:CA) previously changed their company name from Foremost Lithium Resource & Technology Ltd. (FMST:US) (FAT:CA)
Pursuant to an agreement between Thousand Sun Media LLC and TD Media LLC, Thousand Sun Media LLC has been hired for a period beginning on 05/05/2025 and ending on 05/16/2025 to publicly disseminate information about (FMST:US) (FAT:CA) via digital communications. Under this agreement, Thousand Sun Media LLC has been paid five thousand USD (“Funds”). These Funds were part of the funds that TD Media LLC received from a third party who did receive the Funds directly or indirectly from the Issuer and does not own st-ock in the Issuer but the reader should assume that the clients of the third party own shares in the Issuer, which they will liquidate at or near the time you receive this communication and has the potential to hurt share prices.
Neither Thousand Sun Media LLC, TD Media LLC and their member own shares of (FMST:US) (FAT:CA).
Please see important disclosure information here: https://marketpulsetoday.com/disclosure/fmst-uc7lj/#details | 
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