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Update: Nasdaq Profile (FMST) Extends Its Surge Friday (Approx. 138% Move Short Term)
May 16th Greetings, Friend!
Keeping your eyes peeled on Foremost Clean Energy Ltd. (Nasdaq: FMST) this morning?
FMST has now burst from a May 7th open of $1.06 to a new Friday high of $2.53+.
Tallied up? That's an incredible surge of approx. 138% short term!
Here's something interesting to think about moving forward...
FMST is now above 3 key technical chart levels which means it may start turning heads left and right before the weekend gets here.
Take a look at my initial report on (Nasdaq: FMST) 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).
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