William Warren Holmes Purchases 5,000 Shares of Foraco International SA (TSE:FAR) Stock

Foraco International SA (TSE:FAR) Director William Warren Holmes acquired 5,000 shares of the stock in a transaction on Monday, March 3rd. The shares were acquired at an average cost of C$2.02 per share, for a total transaction of C$10,090.00.

Foraco International Stock Down 1.1 %

Shares of TSE:FAR opened at C$1.87 on Thursday. The company has a market cap of C$131.22 million, a price-to-earnings ratio of 4.86 and a beta of 1.25. The firm’s 50-day simple moving average is C$2.25 and its 200-day simple moving average is C$2.24. The company has a quick ratio of 0.88, a current ratio of 1.43 and a debt-to-equity ratio of 115.59. Foraco International SA has a fifty-two week low of C$1.83 and a fifty-two week high of C$3.27.

Analyst Ratings Changes

Separately, Desjardins set a C$4.25 price objective on shares of Foraco International and gave the stock a “buy” rating in a research report on Tuesday, December 3rd.

Foraco International Company Profile

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.