Q2 Earnings Forecast for TSE:FAR Issued By Clarus Securities

Foraco International SA (TSE:FAR) – Research analysts at Clarus Securities dropped their Q2 2025 earnings per share (EPS) estimates for Foraco International in a research report issued on Wednesday, February 19th. Clarus Securities analyst S. Kammermayer now expects that the company will post earnings per share of $0.10 for the quarter, down from their prior forecast of $0.14. 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 FY2025 earnings at $0.40 EPS.

Separately, Desjardins set a C$4.25 price target on Foraco International and gave the company a “buy” rating in a report on Tuesday, December 3rd.

Foraco International Price Performance

Foraco International stock opened at C$2.03 on Friday. 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 stock has a market cap of C$142.45 million, a price-to-earnings ratio of 5.27 and a beta of 1.25. The firm has a 50-day moving average of C$2.30 and a two-hundred day moving average of C$2.26. Foraco International has a 1 year low of C$1.83 and a 1 year high of C$3.27.

About Foraco International

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.