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The latest announcement is out from Foraco International ( (TSE:FAR) ).
Foraco International reported a decrease in revenue for Q3 2025, with figures dropping to US$ 71.0 million from US$ 77.7 million in the same quarter of 2024. Despite the revenue decline, the company maintained a resilient gross margin and improved its net debt position. The company is experiencing growth in South America and EMEA regions, while North America saw a decline due to the completion and deferral of Canadian contracts. Foraco remains focused on profitability and future growth, supported by new long-term contracts and a balanced presence in key markets.
The most recent analyst rating on (TSE:FAR) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Foraco International stock, see the TSE:FAR Stock Forecast page.
Spark’s Take on TSE:FAR Stock
According to Spark, TipRanks’ AI Analyst, TSE:FAR is a Outperform.
Foraco International’s overall stock score is driven by strong valuation metrics, indicating potential undervaluation, and positive technical indicators. However, financial performance challenges, including declining revenue and high leverage, moderate the score.
To see Spark’s full report on TSE:FAR stock, click here.
More about Foraco International
Foraco International SA is a leading global provider of drilling services, catering primarily to the mining industry. The company focuses on delivering high-quality drilling solutions across various mining-friendly jurisdictions, ensuring efficiency and service quality.
Average Trading Volume: 231,096
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$207.1M
Learn more about FAR stock on TipRanks’ Stock Analysis page.