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

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

Foraco International Price Performance

Shares of TSE:FAR opened at C$2.07 on Tuesday. The company has a quick ratio of 0.88, a current ratio of 1.43 and a debt-to-equity ratio of 115.59. The business has a 50 day moving average price of C$2.14 and a 200 day moving average price of C$2.20. The company has a market cap of C$145.26 million, a price-to-earnings ratio of 5.38 and a beta of 1.25. 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 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.