Foraco International S.A. (FAR.TO) Research

Foraco International S.A. operates as a global specialist, providing comprehensive drilling solutions across two primary sectors: Mining and Water. In the mining and energy industries, the company offers services ranging from exploration and development to production, including specialized underground water drilling. Its expertise in the water sector involves drilling boreholes for potable water, agricultural irrigation, industrial use, and dewatering. Foraco also undertakes a variety of focused water projects, such as community-wide well programs, bespoke drilling for mineral water sources employing sanitary protection, and extensive large-diameter well fields for urban residential supply. Beyond new installations, the firm provides essential inspection, servicing, and rehabilitation for existing wells. As of December 31, 2021, Foraco commanded a substantial fleet of 302 drill rigs, comprising 62 rotary units, 190 core diamond rigs, 18 combination rigs, and 32 specialized underground rigs. Its diverse clientele includes major mining corporations, governmental entities, and international development funds. Established in 1961, Foraco International S.A. is headquartered in Marseille, France.

Market snapshot

Symbol
FAR.TO
Price
$2.72
Day change
+0.37%
Market cap
$188.1M
P/E ratio
12.90x
52-week range
1.57-3.54
Sector
Basic Materials
Industry
Industrial Materials
Next earnings
in 1 month

Peer companies

  • Cornish Metals Inc. (CUSN.V)
  • CanAlaska Uranium Ltd. (CVV.V)
  • Dynacor Group Inc. (DNG.TO)
  • Frontier Lithium Inc. (FL.V)
  • Geodrill Limited (GEO.TO)
  • Graphite One Inc. (GPH.V)
  • Laramide Resources Ltd. (LAM.TO)
  • Greenland Resources Inc. (MOLY.NE)

Open Foraco International S.A. (FAR.TO) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.