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

Foraco International SA (TSE:FAR) Director William Warren Holmes acquired 5,000 shares of the firm’s stock in a transaction on Friday, March 21st. The stock was bought at an average price of C$2.07 per share, with a total value 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 shares were bought at an average price 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 bought at an average price of C$2.02 per share, with a total value of C$10,090.00.

Foraco International Stock Performance

Shares of FAR stock opened at C$2.10 on Wednesday. The company’s fifty day moving average price is C$2.13 and its 200-day moving average price is C$2.20. The stock has a market cap of C$147.36 million, a PE ratio of 5.46 and a beta of 1.25. The company has a current ratio of 1.43, a quick ratio of 0.88 and a debt-to-equity ratio of 115.59. Foraco International SA has a 12 month low of C$1.83 and a 12 month high of C$3.27.

Analyst Ratings Changes

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