What is Clarus Securities’ Estimate for TSE:FAR Q3 Earnings?

Foraco International SA (TSE:FAR) – Stock analysts at Clarus Securities reduced their Q3 2026 earnings per share estimates for shares of Foraco International in a report issued on Thursday, August 6th. Clarus Securities analyst S. Kammermayer now anticipates that the company will post earnings of $0.10 per share for the quarter, down from their previous estimate of $0.15. 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 $0.08 EPS, Q2 2027 earnings at $0.14 EPS and Q3 2027 earnings at $0.14 EPS.

Foraco International Trading Up 2.5%

FAR opened at C$2.89 on Monday. The firm has a market cap of C$283.08 million, a price-to-earnings ratio of 23.18 and a beta of 1.21. Foraco International has a 52 week low of C$1.81 and a 52 week high of C$3.54. The business’s 50 day moving average is C$2.67 and its two-hundred day moving average is C$2.85. The company has a quick ratio of 0.88, a current ratio of 1.20 and a debt-to-equity ratio of 100.98.

Insider Buying and Selling

In related news, Director Jean-Pierre Maurice Charmensat sold 2,000,000 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of C$3.02, for a total value of C$6,040,000.00. Following the completion of the sale, the director owned 17,583,966 shares in the company, valued at C$53,103,577.32. This represents a 10.21% decrease in their position. Also, Director Daniel Louis Simoncini sold 2,000,000 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of C$3.02, for a total transaction of C$6,040,000.00. Following the completion of the sale, the director owned 10,571,225 shares of the company’s stock, valued at approximately C$31,925,099.50. This trade represents a 15.91% decrease in their position. Company insiders own 35.74% of the company’s stock.

Foraco International Company Profile

Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.