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Penny Stocks Report

Foraco International SA

Jan 15, 2025

FAR:TSX
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (CA$)

One Materials Stock, Curtailing Interest Cost - FAR

Section1: Company Overview and Fundamental Insights:

1.1 Company Overview:

Foraco International SA (TSX: FAR) is in 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 operations in Europe, the Middle East and Africa, North America, South America and Asia Pacific.

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