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Clarus Securities Has Weak Outlook for TSE:FAR Q1 Earnings

Foraco International logo with Basic Materials background

Foraco International SA (TSE:FAR - Free Report) - Stock analysts at Clarus Securities cut their Q1 2025 EPS estimates for shares of Foraco International in a research note issued to investors on Wednesday, February 19th. Clarus Securities analyst S. Kammermayer now anticipates that the company will earn $0.06 per share for the quarter, down from their prior estimate 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 target price on Foraco International and gave the stock a "buy" rating in a report on Tuesday, December 3rd.

Check Out Our Latest Analysis on FAR

Foraco International Trading Down 1.5 %

FAR stock traded down C$0.03 during midday trading on Thursday, hitting C$2.00. The stock had a trading volume of 54,359 shares, compared to its average volume of 91,116. The company has a current ratio of 1.43, a quick ratio of 0.88 and a debt-to-equity ratio of 115.59. The firm has a market cap of C$140.34 million, a P/E ratio of 5.20 and a beta of 1.25. The business has a fifty day moving average price of C$2.30 and a two-hundred day moving average price of C$2.26. Foraco International has a 1-year low of C$1.83 and a 1-year high of C$3.27.

About Foraco International

(Get Free Report)

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.

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