Foraco International SA (TSE:FAR - Free Report) - Stock analysts at Clarus Securities cut their Q4 2024 earnings per share estimates for Foraco International in a report released on Thursday, October 31st. Clarus Securities analyst S. Kammermayer now forecasts that the company will earn $0.07 per share for the quarter, down from their previous estimate of $0.10. 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 Q4 2025 earnings at $0.10 EPS and FY2025 earnings at $0.50 EPS.
Foraco International (TSE:FAR - Get Free Report) last issued its quarterly earnings data on Friday, August 2nd. The company reported C$0.11 EPS for the quarter, missing analysts' consensus estimates of C$0.12 by C($0.01). The company had revenue of C$106.56 million for the quarter. Foraco International had a return on equity of 33.87% and a net margin of 8.87%.
Foraco International Stock Performance
FAR stock traded down C$0.01 during mid-day trading on Friday, reaching C$2.25. The company had a trading volume of 8,000 shares, compared to its average volume of 155,651. The stock's 50-day simple moving average is C$2.22 and its two-hundred day simple moving average is C$2.50. The stock has a market capitalization of C$221.83 million, a P/E ratio of 5.49 and a beta of 1.25. The company has a quick ratio of 0.88, a current ratio of 1.40 and a debt-to-equity ratio of 111.75. Foraco International has a one year low of C$1.74 and a one year high of C$3.27.
Foraco International Company Profile
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Foraco International SA, together with its subsidiaries, provides drilling services in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. It operates through two segments: Mining and Water. The company offers exploration, development, and production drilling services to the mining industry for energy transition, gold, and mineral exploitation; and various geological sampling and testing techniques, including chips and cores, stabilized holes for blasting, logging, boreholes to be used for injection of water or acid, cold water injection, production boreholes, large diameter core, and dual tube rotary bulk samples.
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