Clarus Securities Estimates TSE:FAR FY2026 Earnings

Foraco International SA (TSE:FAR) – Equities researchers at Clarus Securities dropped their FY2026 earnings estimates for Foraco International in a research note issued on Friday, October 30th. Clarus Securities analyst S. Kammermayer now expects that the company will post earnings per share of $0.18 for the year, down from their prior forecast of $0.24. The consensus estimate for Foraco International’s current full-year earnings is $0.60 per share. Clarus Securities also issued estimates for Foraco International’s Q4 2026 earnings at $0.04 EPS.

Foraco International Price Performance

FAR stock opened at C$2.30 on Monday. The stock has a 50-day moving average price of C$2.63 and a two-hundred day moving average price of C$2.79. Foraco International has a 1 year low of C$1.92 and a 1 year high of C$3.54. The stock has a market cap of C$225.06 million, a PE ratio of 18.70 and a beta of 1.56. The company has a current ratio of 1.21, a quick ratio of 0.88 and a debt-to-equity ratio of 99.68.

Insiders Place Their Bets

In other Foraco International news, Director Daniel Louis Simoncini sold 2,000,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of C$3.02, for a total transaction of C$6,040,000.00. Following the completion of the transaction, the director owned 8,571,225 shares of the company’s stock, valued at C$25,885,099.50. This represents a 18.92% decrease in their position. 35.74% of the stock is currently owned by company insiders.

Foraco International Company Profile

Foraco International SA (TSX: FAR) is a leading global mineral drilling services company that provides a comprehensive and reliable service offering in mining and water projects. Supported by its founding values of integrity, innovation and involvement, Foraco has grown into the third largest global drilling enterprise with a presence in 16 countries across five continents.