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.

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Foraco International SA

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Post by savyinvestor333on Feb 22, 2024 5:22pm

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Post# 35894438

Read This report from 2012 fourth Quarter.

Under dividends it was "Proposed" and confirmed at the annual meeting. This was the last time they paid a dividend until now.. Actually the financials are very similar to this years for revenue and earnings, Debt is a lot less now and paying it down is still there main focus if you ask me.

https://money.tmx.com/quote/FAR/news/48471591/Foraco_International_Reports_Q4_2012

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