Foraco International SA (TSE:FAR – Get Free Report) reached a new 52-week low during trading on Friday . The company traded as low as C$1.79 and last traded at C$1.85, with a volume of 36200 shares trading hands. The stock had previously closed at C$2.00.
Foraco International Stock Down 6.5 %
The firm has a market capitalization of C$131.22 million, a PE ratio of 4.86 and a beta of 1.25. The business’s fifty day moving average price is C$2.10 and its 200 day moving average price is C$2.21. 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 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.
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