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

Foraco International SA (TSE:FAR) Director William Warren Holmes bought 5,000 shares of the company’s stock in a transaction that occurred on Thursday, March 27th. The shares were bought at an average price of C$2.10 per share, for a total transaction of C$10,500.00.

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

• On Friday, March 21st, William Warren Holmes acquired 5,000 shares of Foraco International stock. The shares were bought at an average cost of C$2.07 per share, with a total value of C$10,350.00.
• On Monday, March 17th, William Warren Holmes purchased 5,000 shares of Foraco International stock. The shares were purchased 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 bought 5,000 shares of Foraco International stock. The stock was bought at an average price of C$2.02 per share, with a total value of C$10,090.00.

Foraco International Price Performance

TSE FAR traded down C$0.03 on Monday, reaching C$2.03. The company’s stock had a trading volume of 6,950 shares, compared to its average volume of 81,925. Foraco International SA has a twelve month low of C$1.83 and a twelve month high of C$3.27. 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 firm’s 50 day moving average is C$2.12 and its two-hundred day moving average is C$2.20. The stock has a market cap of C$142.45 million, a PE ratio of 5.27 and a beta of 1.25.

Analyst Ratings Changes

Separately, Desjardins set a C$4.25 price target on 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.