Q1 EPS Estimates for TSE:FAR Decreased by Clarus Securities

Foraco International SA (TSE:FAR) – Research analysts at Clarus Securities lowered their Q1 2025 EPS estimates for Foraco International in a report released on Wednesday, February 19th. Clarus Securities analyst S. Kammermayer now expects that the company will earn $0.06 per share for the quarter, down from their prior forecast of $0.11. 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 Q3 2025 earnings at $0.16 EPS and Q4 2025 earnings at $0.07 EPS.

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

Foraco International Trading Down 1.5 %

FAR stock opened at C$2.00 on Thursday. 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 has a twelve month low of C$1.83 and a twelve month high of C$3.27. The stock has a market capitalization of C$140.34 million, a price-to-earnings ratio of 5.20 and a beta of 1.25. The firm’s fifty day simple moving average is C$2.30 and its two-hundred day simple moving average is C$2.26.

About Foraco International

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.