This summary was created by AI, based on 3 opinions in the last 12 months.
Foraco International S.A. (FAR-T) appears to be a company undergoing a strategic shift as it exits higher-risk jurisdictions to focus on more stable areas, which has impacted its revenue growth in the past year. Despite not meeting certain expectations, experts acknowledge that the management team has been performing well and that the financials remain solid. There is optimism regarding the company's ability to penetrate the U.S. market, which could signal further growth opportunities. Additionally, the company is recognized for its excellent balance sheet and expanding margins, making it an attractive investment prospect. Some analysts believe it could even be a potential acquisition target, given its strong management and improving performance metrics in the drilling services sector.
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.
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, 2 stock analysts published opinions about FAR-T. 2 analysts 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.
2 stock analysts on Stockchase covered Foraco International S.A. In the last year. It is a trending stock that is worth watching.
On 2025-02-13, Foraco International S.A. (FAR-T) stock closed at a price of $2.36.
Didn't meet his expectations last year. Revenue growth was softer. Company exited higher-risk jurisdictions to focus on more stable areas. Management's doing well, financials are good. Watching to see how well it penetrates US market. Still likes it.