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

Foraco International SA (TSE:FAR - Get Free Report) Director William Warren Holmes acquired 5,000 shares of the company's stock in a transaction dated Friday, March 21st. The shares were purchased at an average cost of C$2.07 per share, for a total transaction of C$10,350.00.

William Warren Holmes also recently made the following trade(s):

• On Monday, March 17th, William Warren Holmes purchased 5,000 shares of Foraco International stock. The stock was bought at an average cost of C$1.96 per share, for a total transaction of C$9,800.00.
• On Monday, March 3rd, William Warren Holmes acquired 5,000 shares of Foraco International stock. The stock was acquired at an average price of C$2.02 per share, with a total value of C$10,090.00.

Foraco International Stock Performance

FAR traded down C$0.04 during trading on Friday, reaching C$2.06. The company's stock had a trading volume of 14,556 shares, compared to its average volume of 83,158. The company has a market capitalization of C$144.55 million, a price-to-earnings ratio of 5.35 and a beta of 1.25. Foraco International SA has a 52-week low of C$1.83 and a 52-week high of C$3.27. The company's fifty day moving average price is C$2.13 and its 200-day moving average price is C$2.20. The company has a debt-to-equity ratio of 115.59, a quick ratio of 0.88 and a current ratio of 1.43.

Wall Street Analysts Forecast Growth

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

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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.