Foremost Lithium Resource & Technology (XCNQ:FAT) 3-Year Book Growth Rate : 10.70% (As of Sep. 2023)

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What is Foremost Lithium Resource & Technology 3-Year Book Growth Rate?

Foremost Lithium Resource & Technology's Book Value per Share for the quarter that ended in Sep. 2023 was C$2.80.

During the past 12 months, Foremost Lithium Resource & Technology's average Book Value per Share Growth Rate was 47.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 10.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was -6.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Foremost Lithium Resource & Technology was 464.70% per year. The lowest was -78.60% per year. And the median was -0.50% per year.

Competitive Comparison of Foremost Lithium Resource & Technology's 3-Year Book Growth Rate

For the Chemicals subindustry, Foremost Lithium Resource & Technology's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Foremost Lithium Resource & Technology's 3-Year Book Growth Rate Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Foremost Lithium Resource & Technology's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Foremost Lithium Resource & Technology's 3-Year Book Growth Rate falls into.

Foremost Lithium Resource & Technology 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Foremost Lithium Resource & Technology (XCNQ:FAT) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Foremost Lithium Resource & Technology 3-Year Book Growth Rate Related Terms

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Foremost Lithium Resource & Technology (XCNQ:FAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Foremost Lithium Resource & Technology Ltd (XCNQ:FAT) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

FMST:USA F0R:Germany

Address

700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1K8

Website

https://www.foremostlithium.com

Foremost Lithium Resource & Technology Ltd is a hard-rock exploration company strategically located to capitalize on the growing EV appetite and is committed to being a supplier of North America's lithium feedstock. As the transition towards decarbonization, the company is focused on the exploration and growth of its five Lithium Lane Projects in Snow Lake Manitoba. It also has the Winston Gold/Silver Property in New Mexico, USA.

Executives

Sead Hamzagic

Senior Officer