Added to YB: 2025-08-05
Pitch date: 2025-08-01
FAR.TO [neutral]
Foraco International SA
+56.6%
current return
Author Info
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Company Info
Foraco International SA, together with its subsidiaries, provides drilling services in North America, South America, the Asia Pacific, the Middle East, Africa, and Europe.
Market Cap
CAD 145.3M
Pitch Price
CAD 1.59
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.20
P/E
9.19
EV/Sales
0.87
Sector
Metals and Mining
Category
value
Foraco International Q2 2025 Update - $FAR.to
FAR.TO (earnings update): Drilling services provider trading at 4.3x EV/EBITDA (3.1x normalized). Q2: Revenue down 7.4% to $69.1M, EBITDA $14M vs $17.9M last yr. Strong Asia-Pacific (+11%) & EMEA (+47%), weak North America (-21%) & S.America. Relocating 10 rigs, expanding proprietary fleet. Copper (22%) & water (18%) demand solid.
Read full article (2 min)