Foremost Clean Energy Ltd.

CNSX:FAT Stock Report

Market Cap: CA$14.8m

Foremost Clean Energy Management

Management criteria checks 0/4

Foremost Clean Energy's CEO is Jason Barnard, appointed in Dec 2022, has a tenure of 2.08 years. total yearly compensation is CA$457.67K, comprised of 54.2% salary and 45.8% bonuses, including company stock and options. directly owns 3.05% of the company’s shares, worth CA$451.55K. The average tenure of the management team and the board of directors is 1.3 years and 2.2 years respectively.

Key information

Jason Barnard

Chief executive officer

CA$457.7k

Total compensation

CEO salary percentage54.2%
CEO tenure2.1yrs
CEO ownership3.1%
Management average tenure1.3yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jason Barnard's remuneration changed compared to Foremost Clean Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$5m

Jun 30 2024n/an/a

-CA$5m

Mar 31 2024CA$458kCA$248k

-CA$4m

Dec 31 2023n/an/a

-CA$3m

Sep 30 2023n/an/a

CA$172k

Jun 30 2023n/an/a

CA$1m

Mar 31 2023CA$273kCA$90k

CA$957k

Compensation vs Market: Jason's total compensation ($USD319.30K) is above average for companies of similar size in the Canadian market ($USD166.13K).

Compensation vs Earnings: Jason's compensation has increased whilst the company is unprofitable.

CEO

Jason Barnard (58 yo)

2.1yrs

Tenure

CA$457,666

Compensation

Mr. Jason Barnard is Director of Foremost Clean Energy Ltd. (formerly known as Foremost Lithium Resource & Technology Ltd.) from September 08, 2022 and serves as its President and Chief Executive Officer s...

Leadership Team

NamePositionTenureCompensationOwnership
Jason Barnard
President2.1yrsCA$457.67k3.05%
CA$ 451.6k
Christina Barnard
Chief Operating Officer2.1yrsCA$262.95k4.51%
CA$ 667.1k
Dong Hyun Shim
Chief Financial Officerless than a yearno datano data
Kelly Pladson
Corporate Secretaryless than a yearno datano data

1.3yrs

Average Tenure

54yo

Average Age

Experienced Management: FAT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Jason Barnard
President2.3yrsCA$457.67k3.05%
CA$ 451.6k
James Coleman
Advisor to the Board of Directors4yrsno datano data
Douglas Mason
Non-Executive Independent Chairman of the Board1.1yrsCA$95.50k0.14%
CA$ 21.3k
Jody Dahrouge
Geological Advisor & Advisory Board Member1.4yrsno datano data
John Reynolds
Advisor to the Board of Directors4yrsno datano data
Johnathan More
Independent Director2.1yrsCA$68.53k0.71%
CA$ 104.5k
David Cates
Independent Directorless than a yearno data0.45%
CA$ 67.0k
Amanda Willett
Independent Directorless than a yearno data0.034%
CA$ 5.1k
Marius Van Andel
Advisor to the Board of Directors4yrsno datano data
Andrew Lyons
Non-Executive & Non-Independent Director3.1yrsCA$68.53k0.14%
CA$ 21.3k
Andy Yackulic
Member of Scientific Advisory Boardless than a yearno datano data
Michael McLeod
Member of the Advisory Board2.3yrsCA$88.53k0%
CA$ 0

2.2yrs

Average Tenure

58yo

Average Age

Experienced Board: FAT's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 23:25
End of Day Share Price 2025/01/06 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Foremost Clean Energy Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Steven RalstonZacks Small-Cap Research