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

Foraco International SA (TSE:FAR) Director William Warren Holmes purchased 5,000 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were purchased 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 acquired 5,000 shares of Foraco International stock. The stock was purchased at an average price of C$1.96 per share, with a total value of C$9,800.00.
• On Monday, March 3rd, William Warren Holmes acquired 5,000 shares of Foraco International stock. The shares were purchased at an average price of C$2.02 per share, for a total transaction of C$10,090.00.

Foraco International Stock Performance

TSE:FAR opened at C$2.07 on Tuesday. The firm has a market capitalization of C$145.26 million, a PE ratio of 5.38 and a beta of 1.25. 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 SA has a 12-month low of C$1.83 and a 12-month high of C$3.27. The firm has a 50-day moving average price of C$2.14 and a 200 day moving average price of C$2.20.

Wall Street Analysts Forecast Growth

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