Foraco International (TSE:FAR) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Posted by Linda Flegge on Sep 5th, 2026

Shares of Foraco International SA (TSE:FAR – Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.83 and traded as high as C$2.86. Foraco International shares last traded at C$2.86, with a volume of 56,568 shares trading hands.

Foraco International Trading Up 1.4%

The company has a debt-to-equity ratio of 100.98, a quick ratio of 0.88 and a current ratio of 1.20. The company’s fifty day moving average is C$2.66 and its two-hundred day moving average is C$2.84. The company has a market cap of C$284.06 million, a price-to-earnings ratio of 23.26 and a beta of 1.40.

Insider Activity

In other news, Director Daniel Louis Simoncini sold 2,000,000 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of C$3.02, for a total value of C$6,040,000.00. Following the sale, the director owned 10,571,225 shares in the company, valued at C$31,925,099.50. This represents a 15.91% decrease in their ownership of the stock. Also, Director Jean-Pierre Maurice Charmensat sold 2,000,000 shares of Foraco International stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of C$3.02, for a total value of C$6,040,000.00. Following the transaction, the director owned 17,583,966 shares of the company’s stock, valued at approximately C$53,103,577.32. This represents a 10.21% decrease in their ownership of the stock. Insiders own 35.74% of the company’s stock.

Foraco International Company Profile

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Foraco International SA (TSX: FAR) is a leading global mineral drilling services company that provides a comprehensive and reliable service offering in mining and water projects. Supported by its founding values of integrity, innovation and involvement, Foraco has grown into the third largest global drilling enterprise with a presence in 16 countries across five continents.