Foraco International SA (FRACF)

USD 1.43

(4.38%)

Market Cap (In USD)

141.13 Million

Revenue (In USD)

376.88 Million

Net Income (In USD)

28.71 Million

Avg. Volume

2283.00

Currency
USD
Country
Basic Materials
Open
-
Prev. Close
-
Day Range
-
Year Range
1.37-2.31
PE
5.11
EPS
0.28
Beta Value
1.226
ISIN
FR0010492199
CUSIP
-
CIK
-
Shares
98693900.0
Earnings Annoncement
-

Company Profile

Sector
Basic Materials
Industry
Industrial Materials
CEO
Mr. Timothy Bremner
Employee Count
-
Website
https://www.foraco.com
Ipo Date
2009-11-11
Details
Foraco International SA, together with its subsidiaries, provides drilling services worldwide. It operates through two segments: Mining and Water. The company offers its drilling services to the mining and energy industry, such as exploration, development, and production related underground water drilling services. It also drills wells for drinking, irrigation, industrial water, and dewatering wells; and undertakes a range of projects, including village water drilling programs, specialized drilling projects to access mineral water using sanitary protection methods, and large diameter well fields for residential supply in urban environments, as well as provides inspection, servicing, and rehabilitation services for existing wells. As of December 31, 2021, the company operated 302 drill rigs, including 62 rotary drilling rigs, 190 core diamond drilling rigs, 18 combination rigs, and 32 underground rigs. It serves mining companies, governmental organizations, and international development funds. The company was founded in 1961 and is headquartered in Marseille, France.

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