Equities Analysts Offer Predictions for TSE:FAR Q2 Earnings

Foraco International SA (TSE:FAR - Free Report) - Analysts at Desjardins upped their Q2 2025 earnings per share estimates for shares of Foraco International in a note issued to investors on Wednesday, April 30th. Desjardins analyst F. Tremblay now anticipates that the company will post earnings per share of $0.10 for the quarter, up from their prior estimate of $0.09. The consensus estimate for Foraco International's current full-year earnings is $0.60 per share. Desjardins also issued estimates for Foraco International's Q3 2025 earnings at $0.14 EPS and FY2026 earnings at $0.49 EPS.

Foraco International Price Performance

TSE FAR traded down C$0.03 during mid-day trading on Friday, hitting C$1.82. The stock had a trading volume of 3,200 shares, compared to its average volume of 64,197. The company has a debt-to-equity ratio of 115.59, a current ratio of 1.43 and a quick ratio of 0.88. The firm's 50 day moving average is C$1.92 and its 200 day moving average is C$2.15. The stock has a market capitalization of C$127.71 million, a price-to-earnings ratio of 4.73 and a beta of 1.25. Foraco International has a twelve month low of C$1.72 and a twelve month high of C$3.00.

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.