Foraco International SA (TSE:FAR – Get Free Report) insider Timothy Hugh Bremner acquired 20,600 shares of the business’s stock in a transaction dated Friday, November 6th. The stock was purchased at an average price of C$2.35 per share, with a total value of C$48,410.00. Following the completion of the transaction, the insider directly owned 668,075 shares of the company’s stock, valued at C$1,569,976.25. This trade represents a 3.18% increase in their position.
Foraco International Stock Down 2.5%
Shares of TSE:FAR opened at C$2.30 on Wednesday. The firm has a fifty day moving average price of C$2.58 and a two-hundred day moving average price of C$2.78. The company has a debt-to-equity ratio of 99.68, a current ratio of 1.21 and a quick ratio of 0.88. Foraco International SA has a one year low of C$2.00 and a one year high of C$3.54. The company has a market cap of C$225.06 million, a price-to-earnings ratio of 18.70 and a beta of 1.51.
About Foraco International
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.
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