Foraco International SA T.FAR

Alternate Symbol(s): FRACF

Metals & Mining Industrial Metals & Minerals

Foraco International S.A. is a France-based company engaged in the mining, geological and hydraulic drilling sectors. The Company's principle business consists of drilling contracts for companies primarily involved in mining and water exploration. The Company operates in two business segments: Mining and Water. The Mining segment covers drilling services offered to the mining and energy industry during the exploration, development and production phases of mining projects. The Water segment covers all activities linked to the construction of water wells leading to the supply of drinking water, the collection of mineral water, as well as the control, maintenance and renovation of the existing installations. The Water segment also includes drilling services offered to the environmental and construction industry, such as geological exploration and geotechnical drilling.

TSX:FAR - Post by User

Foraco International SA > Wow another new high today

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Comment by FrozenInOntarioon Apr 23, 2021 4:51pm

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RE:Wow another new high today

Foraco will kick out the earnings season for the drillers next friday. And we should get an update on the long term debt refinancing. With copper at 4.30 + and increasing and gold holding pretty well, we should see a nice tightening of the markets so the rest of the year could bring pretty nice cash flows

GLTA

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