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

Foraco International SA (TSE:FAR) Director William Warren Holmes purchased 5,000 shares of Foraco International stock in a transaction dated Friday, March 21st. The stock was acquired at an average price 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 bought 5,000 shares of Foraco International stock. The shares were 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 purchased at an average cost of C$2.02 per share, for a total transaction of C$10,090.00.

Foraco International Stock Performance

Shares of TSE FAR traded down C$0.02 during mid-day trading on Monday, hitting C$2.07. The stock had a trading volume of 7,150 shares, compared to its average volume of 86,071. The firm has a market cap of C$145.26 million, a PE ratio of 5.38 and a beta of 1.25. The company has a debt-to-equity ratio of 115.59, a quick ratio of 0.88 and a current ratio of 1.43. The company has a 50 day moving average of C$2.14 and a two-hundred day moving average of C$2.21. Foraco International SA has a twelve month low of C$1.83 and a twelve month high of C$3.27.

Analyst Ratings Changes

Separately, Desjardins set a C$4.25 price target on Foraco International and gave the company a “buy” rating in a research note 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.