FMST vs. UEC

Last updated Jun 23, 2026

FMST (Foremost Lithium Resource & Technology Ltd. Common stock) and UEC (Uranium Energy Corp.) are both stocks. FMST operates in Chemicals (Basic Materials), while UEC operates in Uranium (Energy). Over the past year, FMST returned -57.53% vs 77.55% for UEC. At a 0.25 correlation, their price movements are largely independent.

Performance

FMST vs. UEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Foremost Lithium Resource & Technology Ltd. Common stock (FMST) and Uranium Energy Corp. (UEC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FMST achieves a -26.89% return, which is significantly lower than UEC's -1.80% return.

FMST

• 1D: 0.65%
• 1M: -4.32%
• YTD: -26.89%
• 6M: -37.50%
• 1Y: -57.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UEC

• 1D: -4.50%
• 1M: -11.90%
• YTD: -1.80%
• 6M: -8.09%
• 1Y: 77.55%
• 3Y*: 49.83%
• 5Y*: 32.49%
• 10Y*: 29.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FMST vs. UEC - Yearly Performance Comparison

	2026 (YTD)	2025
FMST Foremost Lithium Resource & Technology Ltd. Common stock	-26.89%	37.66%
UEC Uranium Energy Corp.	-1.80%	60.66%

Correlation

The correlation between FMST and UEC is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jan 31, 2025	0.25

The correlation between FMST and UEC shifts across timeframes, from 0.25 (all time) to 0.41 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap FMST : $22.25M UEC : $5.63B
EPS FMST : -CA$0.27 UEC : -$0.22
PB Ratio FMST : 0.92 UEC : 3.96
Total Revenue (TTM) FMST : CA$0.00 UEC : $20.20M
Gross Profit (TTM) FMST : CA$0.00 UEC : -$18.26M
EBITDA (TTM) FMST : -CA$3.43M UEC : -$114.96M

Return for Risk

FMST vs. UEC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FMST

FMST Risk / Return Rank: 14
FMST Sharpe Ratio Rank: 16
FMST Sortino Ratio Rank: 18
FMST Omega Ratio Rank: 20
FMST Calmar Ratio Rank: 8
FMST Martin Ratio Rank: 10

UEC

UEC Risk / Return Rank: 70
UEC Sharpe Ratio Rank: 72
UEC Sortino Ratio Rank: 71
UEC Omega Ratio Rank: 67
UEC Calmar Ratio Rank: 69
UEC Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FMST vs. UEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Foremost Lithium Resource & Technology Ltd. Common stock (FMST) and Uranium Energy Corp. (UEC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FMST	UEC	Difference
Sharpe ratio: Return per unit of total volatility	-0.60	0.98	-1.58
Sortino ratio: Return per unit of downside risk	-0.64	1.71	-2.34
Omega ratio: Gain probability vs. loss probability	0.93	1.20	-0.27
Calmar ratio: Return relative to maximum drawdown	-0.87	1.46	-2.33
Martin ratio: Return relative to average drawdown	-1.33	3.47	-4.80

FMST vs. UEC - Sharpe Ratio Comparison

The current FMST Sharpe Ratio is -0.60, which is lower than the UEC Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of FMST and UEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FMST vs. UEC - Drawdown Comparison

The maximum FMST drawdown since its inception was -73.43%, smaller than the maximum UEC drawdown of -97.40%. Use the drawdown chart below to compare losses from any high point for FMST and UEC.

Drawdown Indicators

	FMST	UEC	Difference
Max Drawdown Largest peak-to-trough decline	-73.43%	-97.40%	+23.97%
Max Drawdown (1Y) Largest decline over 1 year	-66.51%	-53.23%	-13.28%
Max Drawdown (3Y) Largest decline over 3 years	—	-53.49%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-63.76%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-80.59%	—
Current Drawdown Current decline from peak	-71.40%	-43.05%	-28.35%
Average Drawdown Average peak-to-trough decline	-49.18%	-62.06%	+12.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.30%	22.41%	+20.89%

Volatility

FMST vs. UEC - Volatility Comparison

The current volatility for Foremost Lithium Resource & Technology Ltd. Common stock (FMST) is 21.06%, while Uranium Energy Corp. (UEC) has a volatility of 33.70%. This indicates that FMST experiences smaller price fluctuations and is considered to be less risky than UEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FMST	UEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.06%	33.70%	-12.64%
Volatility (6M) Calculated over the trailing 6-month period	58.75%	60.40%	-1.65%
Volatility (1Y) Calculated over the trailing 1-year period	96.56%	79.63%	+16.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	120.12%	74.84%	+45.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	120.12%	73.95%	+46.17%

Dividends

FMST vs. UEC - Dividend Comparison

Neither FMST nor UEC has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both FMST and UEC in my portfolio?

FMST and UEC have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FMST or UEC?

UEC has higher volatility (33.70%) compared to FMST (21.06%). In terms of maximum drawdown, FMST dropped -73.43% vs UEC's -97.40%.

Which has better risk-adjusted returns?

UEC currently has the higher Sharpe Ratio (0.98 vs -0.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.