Expanding Drilling Contracts In Latin America Will Secure Bright Prospects

Published
09 Feb 25
Updated
08 Aug 25
AnalystConsensusTarget's Fair Value
CA$3.50
47.7% undervalued intrinsic discount
08 Aug
CA$1.83
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1Y
-16.8%
7D
14.4%

Author's Valuation

CA$3.5

47.7% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on06 Aug 25
Fair value Decreased 11%

A higher future P/E ratio suggests expectations of slower earnings growth relative to price, and despite a modest improvement in net profit margin, this has contributed to a reduction in Foraco International's consensus analyst price target from CA$3.94 to CA$3.50. What's in the News Foraco International awarded a three-year, USD 34 million contract by Glencore for comprehensive drilling services at Lomas Bayas operations in Chile.