This summary was created by AI, based on 3 opinions in the last 12 months.
Foraco International S.A. (FAR-T) is a well-run mining drilling services business with a focus on less volatile geographical areas and EV metals. The new management team has shown steady progress in improving revenues and margins. The company's excellent balance sheet, expanding margins, and potential as a takeout target make it a great investment opportunity. With 60 years of experience, Foraco has a strong foothold in the industry and is expected to continue its growth in the future.
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.
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, 1 stock analyst published opinions about FAR-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Foraco International S.A. .
Foraco International S.A. was recommended as a Top Pick by on . Read the latest stock experts ratings for Foraco International S.A. .
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Foraco International S.A. In the last year. It is a trending stock that is worth watching.
On 2024-12-11, Foraco International S.A. (FAR-T) stock closed at a price of $2.34.
Does own shares. Is a great investment. Well run business with good management. Excellent balance sheet with expanding margins. Could be a good takeout target.