What is Clarus Securities’ Forecast for TSE:FAR Q1 Earnings?

Foraco International SA (TSE:FAR) – Clarus Securities dropped their Q1 2025 earnings per share (EPS) estimates for shares of Foraco International in a note issued to investors on Wednesday, February 19th. Clarus Securities analyst S. Kammermayer now expects that the company will post earnings per share of $0.06 for the quarter, down from their prior forecast of $0.11. 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 Q3 2025 earnings at $0.16 EPS and Q4 2025 earnings at $0.07 EPS.

Separately, Desjardins set a C$4.25 target price on shares of Foraco International and gave the stock a “buy” rating in a research note on Tuesday, December 3rd.

Foraco International Stock Performance

TSE:FAR opened at C$2.03 on Thursday. The company has a debt-to-equity ratio of 115.59, a quick ratio of 0.88 and a current ratio of 1.43. The stock has a market capitalization of C$142.45 million, a PE ratio of 5.27 and a beta of 1.25. Foraco International has a fifty-two week low of C$1.83 and a fifty-two week high of C$3.27. The company has a fifty day moving average of C$2.30 and a two-hundred day moving average of C$2.26.

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.