Equities Analysts Offer Predictions for TSE:FAR Q2 Earnings

Foraco International SA (TSE:FAR) – Investment analysts at Clarus Securities dropped their Q2 2025 earnings per share estimates for shares of Foraco International in a research report issued to clients and investors on Wednesday, February 19th. Clarus Securities analyst S. Kammermayer now forecasts that the company will post earnings of $0.10 per share for the quarter, down from their prior forecast of $0.14. The consensus estimate for Foraco International’s current full-year earnings is $0.60 per share. Clarus Securities also issued estimates for Foraco International’s FY2025 earnings at $0.40 EPS.

Separately, Desjardins set a C$4.25 target price on Foraco International and gave the stock a “buy” rating in a research note on Tuesday, December 3rd.

Foraco International Price Performance

Shares of TSE FAR opened at C$2.00 on Friday. Foraco International has a twelve month low of C$1.83 and a twelve month high of C$3.27. The stock’s 50 day moving average price is C$2.30 and its 200-day moving average price is C$2.26. The company has a market capitalization of C$140.34 million, a PE ratio of 5.20 and a beta of 1.25. The company has a quick ratio of 0.88, a current ratio of 1.43 and a debt-to-equity ratio of 115.59.

Foraco International Company Profile

Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration.