Foraco International SA (TSE:FAR – Get Free Report) Director William Warren Holmes bought 5,000 shares of the stock in a transaction dated Monday, March 3rd. The shares were bought at an average cost of C$2.02 per share, with a total value of C$10,090.00.
Foraco International Price Performance
Shares of FAR stock opened at C$1.89 on Wednesday. The stock has a market capitalization of C$132.62 million, a price-to-earnings ratio of 4.91 and a beta of 1.25. The company has a current ratio of 1.43, a quick ratio of 0.88 and a debt-to-equity ratio of 115.59. Foraco International SA has a twelve month low of C$1.83 and a twelve month high of C$3.27. The stock has a fifty day simple moving average of C$2.26 and a two-hundred day simple moving average of C$2.24.
Analyst Ratings Changes
Separately, Desjardins set a C$4.25 price objective on shares of Foraco International and gave the company a “buy” rating in a report on Tuesday, December 3rd.
About Foraco International
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.
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