Foraco International (FAR) Stock Price, News & Analysis

Company Overview

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. It also installs production pumps for dewatering purposes; and provides drift stabilization or water table protection for decommissioning of mineral production facilities. In addition, the company drills wells for drinking, irrigation, and industrial water; undertakes a range of projects, including village water drilling programs, specialized drilling projects to access mineral water using sanitary protection methods for the bottled water industry, and large diameter well fields for residential supply in urban environments; and offers inspection, servicing, and rehabilitation services for existing wells. In addition, the company offers drilling services for the environmental and construction industry, such as geological exploration and geotechnical drilling. It serves mining companies and official development assistance providers. Foraco International SA was founded in 1961 and is headquartered in Marseille, France.

Key Stats

• Today's Range: C$2.10 to C$2.25
• 50-Day Range: C$1.91 to C$2.44
• 52-Week Range: C$1.74 to C$3.27
• Volume: 59,849 shs
• Average Volume: 155,201 shs
• Market Capitalization: C$211.97 million
• P/E Ratio: 5.24
• Dividend Yield: 8.21%
• Price Target: N/A
• Consensus Rating: Buy

FAR Stock Analysis - Frequently Asked Questions

How have FAR shares performed this year?

Foraco International's stock was trading at C$2.05 at the beginning of the year. Since then, FAR shares have increased by 4.9% and is now trading at C$2.15.
View the best growth stocks for 2024 here.

How were Foraco International's earnings last quarter?

Foraco International SA (TSE:FAR) issued its quarterly earnings data on Wednesday, October, 30th. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.03. The firm had revenue of $105.94 million for the quarter. Foraco International had a net margin of 8.87% and a trailing twelve-month return on equity of 33.87%.

How do I buy shares of Foraco International?

Shares of FAR stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Foraco International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Foraco International investors own include Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Cameco (CCO), BRP (DOO), Exchange Income (EIF), National Bank of Canada (NA) and Royal Bank of Canada (RY).

Company Calendar

• Last Earnings: 10/30/2024
• Today: 11/04/2024
• Next Earnings (Estimated): 2/21/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Shipbuilding, Railroad Equipment
• Current Symbol: TSE:FAR
• CUSIP: N/A
• CIK: N/A
• Web: www.foraco.com
• Phone: +33-4-96151360
• Fax: N/A
• Employees: 1,000
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C$0.41
• Trailing P/E Ratio: 5.24
• Forward P/E Ratio: 3.59
• P/E Growth: N/A
• Net Income: C$29.87 million
• Net Margins: 8.87%
• Pretax Margin: N/A
• Return on Equity: 33.87%
• Return on Assets: 13.19%

Debt

• Debt-to-Equity Ratio: 111.75
• Current Ratio: 1.40
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: C$336.62 million
• Price / Sales: 0.63
• Cash Flow: C$0.39 per share
• Price / Cash Flow: 5.54
• Book Value: C$0.86 per share
• Price / Book: 2.50

Miscellaneous

• Outstanding Shares: 98,590,000
• Free Float: N/A
• Market Cap: C$211.97 million
• Optionable: Not Optionable
• Beta: 1.25