Foraco International SA (TSX:FAR)

Canada flag Canada · Delayed Price · Currency is CAD
2.740
+0.150 (5.79%)
Aug 6, 2026, 4:00 PM EST
Market Cap268.11M +70.3%
Revenue (ttm)404.57M +8.5%
Net Income17.65M -34.9%
EPS0.18 -34.8%
Shares Out 97.85M
PE Ratio15.48
Forward PE9.29
Dividendn/a
Ex-Dividend Daten/a
Volume51,858
Open2.600
Previous Close2.590
Day's Range2.560 - 2.740
52-Week Range1.650 - 3.540
Beta1.17
AnalystsStrong Buy
Price Target4.75 (+73.36%)
Earnings DateJul 31, 2026

About Foraco International

Foraco International SA, together with its subsidiaries, provides drilling services in North America, South America, the Asia Pacific, the Middle East, Africa, and Europe. It operates through two segments: Mining and Water. The company offers exploration, development, and production drilling services to the mining industry for energy transition and gold, as well as for mineral exploitation of precious and base metals, coking coal, iron ore, lithium, and diamonds; underground drilling services; and various geological sampling and testing techniq... [Read more]

Sector Materials
Founded 1961
Employees 2,166
Stock Exchange Toronto Stock Exchange
Ticker Symbol FAR
Full Company Profile

Financial Performance

In 2025, Foraco International's revenue was $258.19 million, a decrease of -12.02% compared to the previous year's $293.45 million. Earnings were $15.57 million, a decrease of -44.01%.

Financial numbers in USD Financial Statements

Analyst Summary

According to 4 analysts, the average rating for FAR stock is "Strong Buy." The 12-month stock price target is $4.75, which is an increase of 73.36% from the latest price.

Price Target
$4.75
(73.36% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Foraco International Q2 Earnings Call Highlights

Foraco International TSE: FAR reported second-quarter revenue growth as drilling activity increased across North America and South America, while management said pricing actions and maturing contract ...

5 days ago - MarketBeat

Foraco International Earnings Call Transcript: Q2 2026

Revenue grew 22% year-over-year to $84.5 million in Q2 2026, with strong gains in mining and water segments and rig utilization rising to 51%. Margin recovery is underway as pricing adjustments catch up to cost inflation, and the record backlog provides strong visibility into the second half.

6 days ago - Transcripts

Foraco International Earnings release: Q2 2026

Foraco International released its Q2 2026 earnings on July 31, 2026, summarizing the period's financial results.

6 days ago - Filings

Foraco International Registration statement: Q2 2026

Foraco International filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.

6 days ago - Filings

Foraco International Registration statement: Q2 2026

Foraco International filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.

6 days ago - Filings

Foraco International Announces Planned Share Sales

Toronto, Ontario and Marseille, France--(Newsfile Corp. - June 15, 2026) - Foraco International SA (TSX: FAR) (the "Company" or "Foraco"), a leading global provider of mineral and water drilling servi...

7 weeks ago - Newsfile Corp

Foraco International Earnings Call Transcript: Q1 2026

Revenue grew 20% year-over-year to $66 million in Q1 2026, with strong gains in North and South America. Margins were impacted by ramp-up costs, but improvement is expected as projects mature and utilization rises in the coming quarters.

3 months ago - Transcripts

Foraco International Earnings release: Q1 2026

Foraco International released its Q1 2026 earnings on April 30, 2026, summarizing the period's financial results.

3 months ago - Filings

Foraco Announces Election of Directors

Toronto, Ontario and Lunel, France--(Newsfile Corp. - April 16, 2026) - Foraco International SA (TSX: FAR) (the "Company" or "Foraco"), in accordance with Toronto Stock Exchange requirements, announce...

4 months ago - Newsfile Corp

Foraco International Earnings Call Transcript: Q4 2025

Q4 2025 marked a turning point with revenue up 8% year-over-year and a record $404 million order book, 90% from tier one customers. Full year revenue declined, but strong demand, higher utilization, and improved margins are expected in 2026.

5 months ago - Transcripts

Foraco International Earnings release: Q4 2025

Foraco International released its Q4 2025 earnings on March 2, 2026, summarizing the period's financial results.

5 months ago - Filings

Foraco International Annual report: Q4 2025

Foraco International has published its Q4 2025 annual report on March 2, 2026.

5 months ago - Filings

Foraco International Earnings Call Transcript: Q3 2025

Q3 2025 revenue declined year-over-year, but operational progress and cost discipline were evident. New long-term contracts worth $150 million were secured, and market conditions, especially in Latin America, are improving with a robust tender pipeline and rising gold and copper demand.

10 months ago - Transcripts

Foraco International Earnings release: Q3 2025

Foraco International released its Q3 2025 earnings on October 30, 2025, summarizing the period's financial results.

10 months ago - Filings