Foraco International (FAR) Stock Price, News & Analysis

Company Overview

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. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.

Key Stats

• Today's Range: C$1.73 to C$1.83
• 50-Day Range: C$1.60 to C$1.96
• 52-Week Range: C$1.57 to C$2.55
• Volume: 785,464 shs
• Average Volume: 79,071 shs
• Market Capitalization: C$128.41 million
• P/E Ratio: 4.75
• Dividend Yield: 2.52%
• Price Target: C$4.25
• Consensus Rating: N/A

Foraco International Stock Analysis - MarketRank™

Foraco International scored higher than 26% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: N/A

Amount of Analyst Coverage

Foraco International has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Foraco International is 4.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.88.

Price to Earnings Ratio vs. Sector

The P/E ratio of Foraco International is 4.75, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 109.83.

Price to Book Value per Share Ratio

Foraco International has a P/B Ratio of 1.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FAR.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Foraco International pays a meaningful dividend of 2.52%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Foraco International does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for FAR.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: -0.46

News Sentiment

Foraco International has a news sentiment score of -0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Foraco International this week, compared to 1 article on an average week.

Search Interest

3 people have searched for FAR on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Foraco International insiders have not sold or bought any company stock.

Percentage Held by Insiders

35.74% of the stock of Foraco International is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 5.03% of the stock of Foraco International is held by institutions.

FAR Stock Analysis - Frequently Asked Questions

How have FAR shares performed this year?

Foraco International's stock was trading at C$2.41 at the start of the year. Since then, FAR stock has decreased by 24.1% and is now trading at C$1.83.

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.

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).

Industry, Sector and Symbol

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

Price Target and Rating

• Average Price Target for Foraco International: C$4.25
• High Price Target: C$4.25
• Low Price Target: C$4.25
• Potential Upside/Downside: +132.2%
• Consensus Rating: N/A
• Rating Score (0-4): 0.00
• Research Coverage: 0 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.38
• Trailing P/E Ratio: 4.75
• Forward P/E Ratio: 3.06
• P/E Growth: N/A
• Net Income: C$19.15 million
• Net Margins: 8.42%
• Pretax Margin: N/A
• Return on Equity: 31.54%
• Return on Assets: 13.19%

Debt

• Debt-to-Equity Ratio: 115.59
• Current Ratio: 1.43
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: C$227.57 million
• Price / Sales: 0.56
• Cash Flow: C$0.33 per share
• Price / Cash Flow: 5.54
• Book Value: C$0.96 per share
• Price / Book: 1.91

Miscellaneous

• Outstanding Shares: 70,171,786
• Free Float: N/A
• Market Cap: C$128.41 million
• Optionable: Not Optionable
• Beta: 1.25