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

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

Foraco International Stock Up 0.5 %

Foraco International stock traded up C$0.01 during midday trading on Friday, hitting C$1.88. 37,558 shares of the stock were exchanged, compared to its average volume of 80,891. Foraco International SA has a 1 year low of C$1.83 and a 1 year high of C$3.27. The firm has a market cap of C$131.92 million, a P/E ratio of 4.88 and a beta of 1.25. The company has a debt-to-equity ratio of 115.59, a current ratio of 1.43 and a quick ratio of 0.88. The company has a 50 day moving average price of C$2.23 and a two-hundred day moving average price of C$2.23.

Wall Street Analyst Weigh In

Separately, Desjardins set a C$4.25 price target on shares of Foraco International and gave the stock a "buy" rating in a research note 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.