Foraco International SA (TSE:FAR - Get Free Report) shares hit a new 52-week low on Wednesday . The stock traded as low as C$1.61 and last traded at C$1.61, with a volume of 13650 shares changing hands. The stock had previously closed at C$1.62.
Foraco International Stock Up 2.9%
The company has a market cap of C$124.91 million, a P/E ratio of 4.62 and a beta of 1.25. The company has a debt-to-equity ratio of 115.59, a current ratio of 1.43 and a quick ratio of 0.88. The company's 50-day moving average is C$1.80 and its two-hundred day moving average is C$2.05.
About Foraco International
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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.
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