Q1 Earnings Forecast for TSE:FAR Issued By Desjardins

Foraco International SA (TSE:FAR) – Equities research analysts at Desjardins issued their Q1 2025 earnings estimates for shares of Foraco International in a research report issued on Tuesday, February 18th. Desjardins analyst F. Tremblay forecasts that the company will earn $0.07 per share for the quarter. Desjardins currently has a “Moderate Buy” rating on the stock. 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 $0.16 EPS, Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $0.43 EPS and FY2026 earnings at $0.55 EPS.

Foraco International Trading Up 7.0 %

Shares of FAR stock opened at C$1.99 on Thursday. The stock has a 50 day simple moving average of C$2.31 and a 200 day simple moving average of C$2.27. Foraco International has a 1 year low of C$1.83 and a 1 year high of C$3.27. 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 stock has a market cap of C$139.64 million, a P/E ratio of 5.17 and a beta of 1.25.

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.