Foraco International (TSE:FAR) Insider Timothy Hugh Bremner Purchases 20,600 Shares of Company Stock

Foraco International SA (TSE:FAR) insider Timothy Hugh Bremner bought 20,600 shares of the stock in a transaction dated Friday, November 6th. The stock was bought at an average cost of C$2.35 per share, for a total transaction of C$48,410.00. Following the acquisition, the insider directly owned 668,075 shares of the company’s stock, valued at approximately C$1,569,976.25. This represents a 3.18% increase in their position.

Foraco International Stock Up 1.7%

Shares of FAR stock opened at C$2.36 on Tuesday. The stock has a market cap of C$230.93 million, a P/E ratio of 19.19 and a beta of 1.51. Foraco International SA has a 52 week low of C$1.97 and a 52 week high of C$3.54. The company has a quick ratio of 0.88, a current ratio of 1.21 and a debt-to-equity ratio of 99.68. The company’s fifty day simple moving average is C$2.59 and its two-hundred day simple moving average is C$2.78.

Foraco International Company Profile

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.