Foraco International SA (TSE:FAR – Free Report) – Investment analysts at Desjardins dropped their FY2025 earnings estimates for Foraco International in a research note issued to investors on Wednesday, April 30th. Desjardins analyst F. Tremblay now expects that the company will post earnings of $0.38 per share for the year, down from their prior forecast of $0.43. The consensus estimate for Foraco International’s current full-year earnings is $0.60 per share.
Foraco International Stock Performance
Shares of FAR stock opened at C$1.85 on Monday. Foraco International has a 52 week low of C$1.72 and a 52 week high of C$3.00. The company has a market capitalization of C$129.82 million, a price-to-earnings ratio of 4.81 and a beta of 1.25. The company has a 50-day simple moving average of C$1.92 and a 200 day simple moving average of C$2.15. The company has a debt-to-equity ratio of 115.59, a quick ratio of 0.88 and a current ratio of 1.43.
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.
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