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

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Post by Possibleidiot01on May 05, 2025 5:32pm

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Post# 36562060

Jordan Zinberg - BNN - HOLD

HOLD

Mining services, and rapidly growing water treatment. Very well run, nice clean balance sheet. Missed a couple of quarters because junior miners reduced activity. Numbers looked flat or down. With tariff threat, he wanted his best ideas only.

Now, mining activity is picking up. May have seen the trough on this one; may or may not have another disappointing quarter. If you can wait another quarter or two, stock may start to rebound.