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 Foraco International stock in a transaction that occurred on Friday, November 6th. The stock was purchased at an average cost of C$2.35 per share, for a total transaction of C$48,410.00. Following the acquisition, the insider owned 668,075 shares of the company’s stock, valued at C$1,569,976.25. This represents a 3.18% increase in their ownership of the stock.

Foraco International Stock Up 1.3%

TSE FAR traded up C$0.03 on Monday, hitting C$2.35. 82,097 shares of the stock were exchanged, compared to its average volume of 182,197. Foraco International SA has a fifty-two week low of C$1.97 and a fifty-two week high of C$3.54. The company has a 50-day moving average price of C$2.60 and a 200-day moving average price of C$2.78. 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 has a market cap of C$229.95 million, a PE ratio of 19.11 and a beta of 1.51.

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.