2.36
+1.72%
Close of 9 Nov 2026, in CAD
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About Foraco International
Its shares trade on Toronto Stock Exchange under the ticker FAR.TO. It has been listed since 25 July 2007. In the fiscal year to 31 December 2025, it reported revenue of $262.7m and net income of $15.8m. At that date it held total assets of $252.5m and shareholders' equity of $98.6m.
Foraco International SA engages in the provision of drilling services to water supply and mining industry. The company is headquartered in Marseille, Paca. The company went IPO on 2007-07-25. The firm's principle business consists of drilling contracts for companies primarily involved in mining and water exploration. The firm 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.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 25 Jul 2007
- Employees
- 1,946
- Website
- foraco.com ↗
Leadership
Pay as last reported
- Mr. Daniel SimonciniChairman of the Board, since 1997SGD 1.9m
- Mr. Timothy BremnerChief Executive Officer, since 2023C$694,066
- Mr. Fabien SevestreChief Financial OfficerC$298,703
- Ms. Laurence MahieuxChief Compliance Officer, General Counsel
- Mr. Thierry MerleVice President, Europe & Middle East
- Mr. Nathan ElfordGeneral Manager, Australia
- Mr. Denis SimoninVice President, Africa
- Mr. Warren HolmesLead Independent Director€20,000
- Mr. Jean-Pierre CharmensatDirector, since 1997€2.6m
- Mr. Bruno ChabasIndependent Director€20,000
- Mr. Jean DiercxensIndependent Director - Representative of Diercxsens Investment and Advisory BV
- Mr. Jorge HurtadoIndependent Director€20,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Foraco International SA has a strong global presence, with operations in multiple countries.
- The company possesses advanced drilling technologies, which allow for efficient and accurate drilling operations.
- Foraco has established long-term partnerships with major mining and energy companies, providing a stable customer base.
Weaknesses
- Foraco heavily relies on the mining and energy industries, making it vulnerable to fluctuations in commodity prices.
- The company faces intense competition within the drilling services market, which can impact profit margins.
- Foraco's financial performance has been inconsistent, with periods of profitability followed by periods of losses.
Opportunities
- The growing demand for renewable energy sources presents an opportunity for Foraco to expand its drilling services into the renewable sector.
- Exploration activities in emerging markets offer the potential for new business partnerships and contracts.
- Technological advancements in drilling techniques provide an opportunity for Foraco to further enhance its capabilities and gain a competitive edge.
Threats
- The volatility of commodity prices poses a significant threat to Foraco's profitability and financial stability.
- Environmental regulations and concerns may impact the company's operations and limit opportunities in certain regions.
- Political and economic instability in countries where Foraco operates can disrupt business operations and pose risks to personnel safety.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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