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Most Anticipated Earnings: CNR-T, WCP-T and more Canadian Companies Reporting Earnings this Week (Jul 22-26)This summary was created by AI, based on 1 opinions in the last 12 months.
Foraco International S.A. (FAR-T) has been in the mining drilling services business for 60 years and has recently shifted its focus to less volatile geographical areas and EV metals. The company is showing steady progress in both top and bottom line financials, with the costs of financing expected to drop. It is trading at a good valuation and has higher margins and growth compared to similar service companies.
It's been around for 60 years in the mining drilling services business. It has started focusing on less volatile geographical area and on EV metals. There is steady progress on the top and bottom line financials. Costs of financing will drop. It trades at a good valuation and higher margins than other similar service companies -also much higher growth. Buy 1 Hold 0 Sell 0
(Analysts’ price target is $6.00)Foraco International S.A. is a Canadian stock, trading under the symbol FAR-T on the Toronto Stock Exchange (FAR-CT). It is usually referred to as TSX:FAR or FAR-T
In the last year, there was no coverage of Foraco International S.A. published on Stockchase.
Foraco International S.A. was recommended as a Top Pick by on . Read the latest stock experts ratings for Foraco International S.A. .
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0 stock analysts on Stockchase covered Foraco International S.A. In the last year. It is a trending stock that is worth watching.
On 2024-07-26, Foraco International S.A. (FAR-T) stock closed at a price of $2.66.
Minding services and drilling. New management team continues to perform. Higher revenues and margins. Peers in sector trading roughly 2x higher. Expecting continue growth. Would recommend buying at this price.